The price has broken the previous high level, stabilized above it, and continued to rise, reaching a new high. It is currently trading toward our next target at 2975. The price action indicates strong bullish momentum, supported by multiple higher lows and sustained buying pressure. There was a brief rejection at a resistance zone near 2936, where sellers...
The price is currently trading above the critical zone of 71.57–70.51, a historically significant area of resistance and support, which presents a challenge for a decisive breakout. It recently reached the resistance level of 73.59 before reversing to undergo a correction. Upon completing this corrective phase, we anticipate that the price will resume its upward...
Hello Everyone The price has broken the channel, as I mentioned in my previous analysis. For today, we anticipate a short ascending movement as a correction, followed by a decline toward the support zone, aiming to break it and reach 147.23. Regarding the uptrend, a breakout above the zone of 153.77 and 152.43 is necessary, especially if the price surpasses...
The price has declined sharply and is currently attempting to break below 152.43. However, before doing so, a correction toward approximately 153.77 is expected. If the price successfully breaks below 152.43, it will encounter a channel trend that must be crossed and broken out of to confirm a bearish trend. Conversely, a bullish trend will be established above...
The price has reached the upper boundary of the channel and is expected to decline, targeting a drop below 1.0450 and further below 1.0350. The bearish trend will remain valid as long as the price continues to trade within the channel. For a bullish trend to be established, the price must break above the channel and stabilize above 1.0528. Tendency Keys:...
The price is currently attempting to hold above 2938, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2965. However, the possibility of a temporary retracement remains, with 2905 acting as a key area...
The recent price action confirms the bearish trend as the pair has consistently closed below the 192.24 level. This suggests that sellers remain in control, increasing the likelihood of further downside movement. The next key target is the 191.10 support level, where a potential reaction may occur. If the price successfully breaks this level, bearish momentum is...
The price has formed a consolidation zone at a high level; therefore, we should wait for a breakout in either direction. We expect the price to decline from 6124, cross below 6160, and fluctuate within this range, finding support at 6040. However, if the price breaks above 6124, it will likely record a new high, with our next target set at 6200. Tendency Keys:...
The price is currently attempting to reach above 2934, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2965. However, the possibility of a temporary retracement remains, with 2907 acting as a key area...
The price rebounded from its drop, moving above the 116.11 level, signaling a potential bullish attempt. If this momentum continues, the next targets are 124.89 and 131.13, aligning with previous resistance levels. However, a further decline toward 108.54 remains possible if selling pressure increases. The bearish gap in the chart indicates previous weakness, but...
For the price to confirm a potential upward movement, it must break above the 1.2624 level and close a 4-hour candle above it. Such a breakout would signal bullish momentum, with the next target set at 1.2729. However, if the price remains confined within the current channel and fails to surpass the 1.2624 resistance, the bearish trend will remain dominant. In...
The price has stabilized above the previous high zone, initiating a bullish trend and continuing to register new highs. We anticipate a brief correction before the price resumes its upward movement to reach my target at 2260. However, if the price reverses for any reason and falls below the support zone, it will likely initiate a bearish trend. Tendency Keys:...
Today, the price is trading above 21,615, indicating that this level may act as support, pushing the price higher. If the price continues to trade above this level, it is likely to sustain a bullish trend, reaching 21,980, and potentially 22,120. Furthermore, breaking through this zone would signal an uptrend, leading to the formation of a new high. Conversely, a...
The price has maintained its bullish momentum above the key support zones, reinforcing the potential for further upward movement. The 2,880 level serves as a critical support zone, and as long as the price holds above it, the likelihood of reaching 2,906 and testing the last high level remains strong. The pullbacks observed in the chart have so far respected the...
The price is currently testing the last high zone, where it has shown signs of a potential correction. This pullback is likely to extend toward the 6099 level, which acts as a key support within the prevailing bullish structure. As long as the price remains above 6099, the bullish trend is expected to continue, suggesting a possible rebound that could push the...
The price has shown a strong bullish move, surpassing 192.24 and approaching the upper boundary of the downtrend channel. This level represents a critical resistance area, where a potential rejection could lead to a decline. If the price struggles to break through this resistance, it is expected to reverse and fall below 192.24, with the next key level at 191.10....
HELLO EVERYONE The price is currently trading within a descending channel, respecting its structure by rejecting the upper trendline after touches, then initiating a decline. This confirms the prevailing bearish momentum in the market. To validate further downside movement, we are waiting for a break below the support zone at 21,615 - 21,415. A successful...
The price is currently attempting to hold above 2934, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2965. However, the possibility of a temporary retracement remains, with 2905 acting as a key area...