Morgan_Dex

Morgan_Dex

XAUUSD Price recently rejected a key support zone near 3351, signalling potential buyer strength. The market is currently showing bullish momentum. A confirmed break above 3420 with strong volume may open the path toward higher targets, possibly 3440 or 3465 in the near term. If price retests and holds above $3351–$3360, it may reinforce the bullish...

Morgan_Dex

Bitcoin is currently showing a strong bullish pattern, with recent price action indicating that the market may have established a new local low in the current range. As long as BTC holds above this support area, buying pressure is likely to increase, and a push toward higher levels can be expected. First Target: 120,500 Second Target: 122,000 The structure...

Morgan_Dex

the US100 index has shown strong bullish momentum, gaining nearly 2% in just the past three days. The current price action suggests continued strength, supported by high trading volume, which adds confidence to the ongoing uptrend. Even in the case of a minor pullback or correction, the overall structure remains bullish. As long as the index holds above key...

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EURUSD has shifted into a bearish structure, primarily pressured by a resilient U.S. economy and a struggling Eurozone outlook. The pair has recently rejected from the key resistance level at 1.17500, indicating strong selling pressure. Technically, the pair is forming multiple bearish formations, suggesting a continuation of the downside momentum. As long as...

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Gold maintains a solid bullish structure, with a clear ascending pattern forming. The price has repeatedly tested the 3425 level, creating a double-top-like structure, which signals potential short-term resistance. Despite the resistance, the bullish momentum remains intact, as the price consistently respects key support levels and maintains higher lows. Look...

Morgan_Dex

Gold remains in a clear bullish trend, holding within a solid price zone. However, traders should be cautious, as the market could soon face a breakout or a slow reversal. The price is currently consolidating in a strong zone. If bullish momentum continues and the zone holds, a strong move to the upside is possible. At the same time, beware of potential slow...

Morgan_Dex

EURGBP Long-Term Technical Outlook: Bullish Bias EURGBP has shown a clear breakout from recent consolidation, indicating strong bullish potential in the long term. The breakout was supported by growing volume — a key confirmation of buying strength. Key Points: Price has successfully broken above a critical resistance zone fallowing the chart condition Price...

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GBPUSD is currently shifting towards the sell side, driven by renewed market uncertainty after the U.S. began sending letters to multiple trade partners—stirring diplomatic tensions. This disruption is strengthening the USD, giving it a tactical advantage over the British Pound. From a technical perspective, if bearish momentum continues, the GBPUSD pair may...

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Gold is gaining upward momentum due to increasing market uncertainty surrounding former President Trump's next move. The geopolitical tension and uncertainty are driving safe-haven demand, supporting gold prices. Today, gold found a strong support zone around the $3285 level. Although price action remained hesitant during the early session, the opening of the...

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USDJPY remains firmly in a bullish trend, largely driven by renewed tariff concerns and a weaker Japanese yen. The yen weakened sharply after U.S. President Trump reaffirmed plans to impose tariffs on Japanese goods starting August 1st, increasing market uncertainty and risk-off flows into USD. As long as USDJPY holds above recent support zones, bullish momentum...

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GBPJPY has shown strong bullish momentum after breaking through two key resistance levels. This breakout signals a shift in sentiment, with buyers regaining control and pushing the pair higher. The recent surge is largely driven by renewed trade tensions, which have added pressure on the Japanese Yen. As risk-off sentiment rises, the yen typically strengthens—but...

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The US100 remains in a strong bullish trend, with price action showing solid momentum. The only key risk at the moment is potential negative sentiment from Trump’s tariff-related statements or actions, which could spark short-term volatility. The index has found strong demand near 22,600, where bulls have consistently defended the level As long as the index holds...

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BTCUSDT Market Outlook – Potential Correction Ahead BTC has recently swept liquidity just above the previous high, indicating a classic buy-side liquidity grab. This type of move often traps late buyers and can signal a shift in market direction, especially when followed by rejection patterns. 🔍 Key Observations: Price pushed above the previous high, likely to...

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Gold is setting up for a key scenario this coming week, and price action around the 3342 and 3330 levels will be crucial for the next directional move. ✅ Bullish Scenario: If price holds above 3342, it indicates strength In that case, we could see bullish zone ⚠️ Bearish Scenario: If price breaks below the 3330 zone, downside momentum could increase. In that...

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The US500 index has successfully broken above its previous all-time high near 6218, following news of a ceasefire agreement between the U.S., Israel, and Iran. This development has significantly boosted market sentiment, leading to a strong surge across global equity markets, with major indices leading the rally. The breakthrough above this key resistance level...

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XAUUSD GOLD – Bullish Outlook & Resistance Levels Gold (XAUUSD) has broken above the key resistance zone around 3350–3355, indicating a bullish continuation. Earlier, price tested the support level at 3328, which held firmly and prompted a rebound—suggesting strong buying interest at lower levels. From an Elliott Wave perspective, the current wave structure...

Morgan_Dex

GBPUSD – Profit Taking After Long-Term Rally GBPUSD has approached a key long-term resistance zone, and the recent price action shows signs of a false breakout. This suggests the pair may be due for a correction or pullback as buyers begin to take profits. Despite earlier market expectations of a weakening USD, the dollar has shown renewed strength, reversing...

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Bitcoin could expect Bearish Pattern fallowing the 4H time frame price could again decline from resistance the market is also recovering also there catch there support we definitely want to sell resistance and buy supports not the other other way around until we have confirmation Bitcoin price is suggest very burring during summer season I think we can not expect...