This EUR/USD chart shows a recent decline after reaching a resistance level around 1.12137, forming a double-top pattern that suggests a trend reversal. The price has since dropped sharply and is approaching a significant "Order Blocker" zone between 1.07515 and 1.08022, where institutional buying may occur. If the price holds in this area, a potential bounce...
The eurusd pair creates double top at 1.1200 level and then drop and breakout of M pattern at 1.1000 and go down side to 1.09050. now market drop sharp and its time to retracement to 1.100 again. Pair just broke the support and now its turn support into resistance. and then drop to 1.0800 to 1.07500 support zone.
The chart shows a bearish GBP/USD trend hitting support around 1.29956. A potential bounce is expected, with the price predicted to rise towards the 50% retracement level around 1.32484. Traders may look for buying opportunities near the support zone for a possible upward move.
The Gold/US Dollar (XAU/USD) 4-hour chart shows a potential inverse head and shoulders pattern, indicating a bullish reversal. The price is around 2329.01 USD, facing a mini resistance level at approximately 2340 USD. A strong resistance and supply zone is noted at 2368.73 USD. The chart suggests a bullish breakout from the mini-resistance level, targeting the...
The chart for EUR/USD on a daily timeframe shows a symmetrical triangle pattern, indicating a potential breakout. The price is currently at approximately 1.06865 USD, fluctuating between converging trendlines. The upper trendline acts as resistance, while the lower trendline provides support. The chart suggests a possible bullish breakout, represented by a yellow...
The chart for Gold/US Dollar (XAU/USD) on a 4-hour timeframe from EightCap shows a bearish trend. The price is currently at approximately 2311.85 USD and has broken below an upward trendline, indicating potential further downside. A significant resistance level is identified around 2326.63 USD, where the price faced selling pressure before the recent drop. The...
The chart for USD/JPY on a daily timeframe shows a strong bullish trend, supported by an upward trendline, with the current price at approximately 160.016 JPY. A significant "Strong Resistance Level" is identified around 160.209 JPY, where the price has previously encountered selling pressure. The chart suggests a potential breakout above this resistance level....
The chart for Silver/US Dollar (XAG/USD) on a daily timeframe shows a bullish "Double Bottom" pattern around the 28.60 USD level, indicating potential reversal of the recent downtrend. This pattern suggests strong support, as the price has bounced off this level twice. The current price is approximately 29.038 USD. A significant resistance level is identified...
The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone,...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The gold pair moves in a vertical upward price channel and gives respect to their upper and lower trendlines. If the market loses its momentum on the ATH level of gold then it's a chance to move down and some retracement it. There is a big zone on the ATH T.F of gold that is 2400-2430. And if the market respects that zone then we see to reject price to lower...
The audusd pair breaks the resistance level at 0.66500 and closes the candle above this level. Now the market is testing again this level to give a big move to the upside level. There is also another strong resistance level at 0.68500. the market breaks this resistance and then turns into support, and if the market holds this support level of 0.66500 then we see...
The USDCAD creates a support level at 1.36200. There is also a vertical downward trendline that touches three times its trendline, which may drain the market downward. If the market holds this support level then the market goes upward to the trendline. But if the market breaks this support zone then the market goes downward to the 1.35600 level.
The audusd pair creates a resistance level at 0.66500. The market touched this zone three times.This resistance is very important because last three to four times price stop it's bullish momentum and moved down side towards the support area. if the market holds this resistance level then the market again goes to downward levels.