The Nasdaq continues its upward trend, breaking the correctional trendline and forming new highs. Therefore, I expect it to target the all-time high. If you find it useful, like, follow, share! Good trading!
The CAD/CHF is moving within a descending channel. Currently, a strong support is holding the price, and if it breaks, a significant decline is expected. However, there's a possibility it might return to the top of the channel before that. Nevertheless, if it were to break out of the channel to the upside, I anticipate a larger correction. If you find it...
The USDCHF is moving within a descending trend channel, and the price has reached the upper part of this channel, which also acts as a strong resistance level. Therefore, further decrease is likely. The targets are the lower support levels and the lower part of the channel. It's recommended to observe how the price reacts to this level. If you find it useful,...
The price reached a strong support level and touched the ascending trendline. With a long-term upward trend, I expect further upward movement. It is worth examining the processes on lower timeframes and looking for entry points. If you find it useful, like, follow, share! Good trading!
The GBP/USD has broken a long-standing upward trendline and formed a head and shoulders pattern. Therefore, I expect the price to fall to the next significant support level. Daily: If you find it useful, like, follow, share! Good trading!
EURAUD has reached significant support, which is the same as Fibonacci level 50-60, so I expect a bounce up to the descending trendline and if it breaks it could target higher resistance levels. If the support breaks, the nearest support level may be the target. Daily chart: Good trading! If you find it useful, like, follow, share!
EUR/CAD returned to the Fibonacci 0.618 level after the previous uptrend, reaching a significant support and ascending trendline. From here, I expect further upward movement towards higher key levels. On lower timeframes, I'm looking for confirmation signals to go long. 1D: If you find it useful, like, follow, share! Happy trading!
The EUR/USD is at a strong support level, so I expect that after a short sideways movement, it will break the descending trendline and aim for higher levels. 1D: If you find it useful, like, follow, share! Happy trading!
The GBP/CHF has been in a range for a long time, and it recently touched the lower boundary again. On a lower timeframe, a double bottom and a higher low have formed, indicating a possible trend reversal. If the descending trendline is broken, there is a high probability that the upper boundary of the range will be the target. Range: Double bottom: If you...
The GBP/USD has retraced to a significant previous level, forming a false breakout. The long-term trend is still bullish. I believe that this level will hold, and once it breaks the corrective trendline, it is likely to move upward, targeting higher resistance levels. 1D: If you find it useful, like, follow, share! Happy trading!
Gold is moving within a long-term upward trend. It has retraced back to the Fibonacci 0.618 level and reacted to it, breaking the corrective trendline. I anticipate that after a pullback, it will once again target higher levels. If you find it useful, like, follow, share! Good trading!
The AUDNZD reached a significant support level that corresponds to the Fibonacci 0.618 level. The price reacted to this level, so I anticipate it will resume its upward movement towards higher levels. If you find it useful, like, follow, share! Good trading!
The AUD/USD underwent a strong uptrend followed by a corrective move, retesting previously conquered levels. It has now broken the trendline of the correction, indicating a potential continuation of the upward trend. Daily chart: If you find it useful, like, follow, share! Good trading!
The Bitcoin is currently in a range-bound state. It is moving within an upward long-term trend, making it more likely to break out to the upside. However, I see a possibility of it touching the ascending trendline around 27,700. Until it breaks out, there is a possibility of range trading. If you find it useful, like, follow, share! Good trading!
The GBP/USD currency pair has tested the previous high and is approaching the ascending trendline on a higher timeframe. If it breaks the corrective trendline, it is likely to retest the level of 1.28300, followed by 1.30000. It is worth examining the lower timeframe for entry points and seeking opportunities there. Daily chart: Good trading! If you find it...
The EUR/USD is currently in a long-term uptrend, which leads me to anticipate a breakout to the upside from this pattern, potentially retesting previous highs. However, if the ascending trendline were to break, it could lead to a retracement towards significant support levels seen in the past. Good trading! If you find it useful, like, follow, share!
The price is moving in a descending channel and has reached its upper part, breaking the ascending trendline, so I expect further decline to lower support levels and eventually to the bottom of the channel. Good trading! If you find it useful, like, follow, share!
The exchange rate of the currency pair is currently moving within a descending channel on the daily timeframe, reaching the upper part of the channel. It has broken the trendline of the corrective movement, and the RSI is also showing divergence. Therefore, I anticipate a retracement back to lower levels. Daily chart: Good trading! If you find it useful,...