FxJennefir

FxJennefir

US500 in terms of an ABCDE wave pattern. Based on your analysis, the current strong support level is around 5,800, and you anticipate a potential upward movement from that level. if the price does indeed find support at 5,800, the next move could be a bullish impulse through the mentioned resistance areas. The ABCDE wave pattern you mentioned could indicate a...

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XAU/USD market due to the upcoming high-impact data releases, such as the Consumer Price Index (CPI) and Producer Price Index (PPI). The reduction in expectations for a rate cut this year could strengthen the US Dollar, leading to a possible correction in Gold prices. Resistance Zone 2775/2680 Support Levels 2655/2640 If Gold breaks below the key support level...

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USD/JPY observing bearish pressure in the market. Given the weak background market conditions, you're noting a potential bearish displacement. Based on your analysis: Resistance Zone: 162.000 Support Zone: 159.050 This suggests that if the price continues to move down, it may approach the support zone around 159.050. Conversely, if the price fails to break...

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Bitcoin (BTC) against with a bearish outlook. From our analysis: Resistance Zone: The price has encountered resistance near the 97K level. If BTC struggles to break above this zone, it may experience a pullback or reversal. Support Zone: The key support zone lies between 90K and 88K. A breach of this support could trigger a deeper correction. If the price...

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XAU/USD (gold), with the price potentially rejecting at the 2689 level. If the price starts to move lower, you're suggesting the first support at 2670.00 and the second support at 2650. This could indicate you're expecting a correction or pullback from the current resistance level. To refine this outlook, it would be beneficial to monitor key indicators such as...

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XAGUSD (silver to US dollar) and believe that there is buy-side liquidity around the 31.7000 level, while the current price is 30.4295. If you're expecting the price to rise towards the 31.7000 level, you might be anticipating a market reversal or a break above key resistance. In this case, you could be looking for price action to confirm a potential bullish...

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CHFJPY Buy Trend with a current price of 172.024 and a target of 174.300. Here's a potential structure you could follow for this trade Guys: Entry: Enter the buy position at the current price of 172.024. Target: Set your target at 174.300, which represents a reasonable profit based on your analysis. Stop Loss: Place a stop loss below the recent support level or...

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EURUSD based on specific support and resistance zones. Here's a clearer interpretation of your analysis: 📊Resistance Zone: 1.04000 📊Support Zone: 1.02100 👉You're suggesting a potential sell strategy, implying that if the price reaches the resistance zone at 1.04000, you might expect a downward movement toward the support zone at 1.02100. Traders would be...

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BTCUSDT setup related to a price chart, potentially in the context of a financial asset. Strong Support at 92K: This indicates that the asset has a key support level around the price of 92K. Here is Buy Zone You mention that the "Buy Zone" starts following the chart, likely suggesting that once the price approaches the support zone (92K), it may be a good time...

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EUR/USD pair, with an Entry at 1.03520 and And Next Target at 1.05014 such as the 2H timeframe, Based on the market conditions, or the technical pattern it's essential to keep in mind that trading decisions should be based in the analysis. 🤙Key Points 👊 🤙Current Price 1.03520 🤙Resistance Zone 1.05014 Market Conditions: Check if there are any major news events...

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Here is a technical analysis setup for the EURCAD currency pair. Here's a summary of your analysis: Current Price: 1.48900 Resistance Zone: 1.49500 Support Zone: 1.47600 Trend Outlook: Bearish (anticipating a price decline) If the price breaks below the support level of 1.47600, the bearish trend could gain momentum. However, if it approaches the resistance...

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XAU/USD (Gold) with a resistance level at 2665 and a support zone at 2615. Here's a possible way to approach this: Confirming the Resistance at 2665: Price Action: If the price reaches 2665 and shows signs of reversal, such as candlestick patterns could indicate that the resistance is holding, and a short or take-profit position could be appropriate. Volume...

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Here is The XAU/USD (Gold) currency pair, indicating that gold remains in a strong bullish trend since its price was at 2615. Based on this, you are projecting two key targets for gold's price: First Target: 2640 Second Target: 2660 This suggests you believe gold will continue its upward momentum and move towards these levels. To further support this bullish...

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XAUUSD Gold (2658) and its potential movement. Here's a summary of your setup: Current Price: 2658 Next Target: 2690 Support Levels: 2650/2645 You're anticipating that if the price rises above 2658, the Target could be 2690, and if the price drops, support could hold at 2650 or 2645. If the price rises again after testing these levels, you expect upward...

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US30 Here Technical analysis for the Dow Jones Industrial Average (US30), with the following key levels: Resistance Zone at 44,020: This could indicate a strong level of price resistance where upward movement could face difficulty. Support Zone at 41,900: This level suggests strong buying interest, and if the price approaches this zone, it might find support and...

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BTC/USDT. Here's how I interpret outlook: 1. Support Zone (92K to 90K): You're expecting BTC to find strong support between 90K and 92K, suggesting a potential buying opportunity once this level holds. 2. Buy Position Area: If BTC reaches this support zone and shows signs of stabilization, you plan to enter a long position, expecting an upward move. 3. Take...

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XAUUSD Gold Seems as Bullish pattern key price levels for potential movements. Here is the Setup of Gold In Some Trading Points. 1. Current Price Zone: The price is expected to rise from 2616, with a potential pullback to 2610 as a key support area. This suggests you anticipate some consolidation or a slight dip before the upward movement. 2. First Resistance...

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EURCAD structure, here's a breakdown of the key levels and potential market: 1. Current Price (1.50330): The market is currently at this price, which suggests it may be within a consolidation zone, potentially preparing for a move. 2. Resistance Zone (1.50600): This level could act as a ceiling, where price may struggle to break higher. If price reaches this...