📉 CADCHF Price Forecast 📉 CADCHF has broken the upward trendline and formed a head and shoulders pattern at the top of the uptrend, signaling a potential bearish reversal. The golden crossover of the 200EMA and 50EMA has already occurred, and the price is now facing resistance at the 50EMA. With the bearish setup confirmed, the market is likely to fall...
📉 DXY (US Dollar Index) Outlook 📉 DXY has broken the upward trendline with a significant gap down, forming strong bearish candles. A head and shoulders pattern at the top signals a confirmed reversal. The index is currently near the neckline and 200EMA, which serve as a demand zone and potential retracement point toward the trendline or second shoulder. ...
📈 EURUSD Forecast 📈 EURUSD broke the descending trendline and 200EMA with a strong bullish candle, followed by a successful retracement. Volume indicates strong buyer momentum. At the bottom of the downtrend, an inverse head and shoulders pattern confirms the reversal. 🎯 Targets: 1.0520, 1.0600, 1.0810
📉 GBPCHF Price Forecast 📉 GBPCHF has formed a triple top pattern at the top of the uptrend and broken down the neckline, signaling a bearish reversal. The pair is currently consolidating with repeated strong bearish candles forming around the order block. Key confirmations include: - Golden crossover of 200 EMA and 50 EMA, reinforcing the bearish momentum. - The...
📈 XAUUSD (Gold) Price Forecast 📈 Gold is currently trading at a strong resistance level, which aligns with a supply zone and an order block. The market is poised for a potential breakout, supported by a strong bullish trend. Key indicators confirm the bullish momentum: - Golden crossover of the 200 EMA and 50 EMA, signaling an upward trend. - Volume increasing...
📉 GBPNZD Price Forecast 📉 GBPNZD is currently in a selling zone, forming an Inverted Flag and Pole pattern, which is a bearish continuation signal. The pair is trading below the 200 EMA, reinforcing strong downside momentum. The market is approaching a breakdown of the flag pattern, with a strong bearish candle nearly confirming the move. Based on the pole...
📈 EURUSD Price Forecast 📈 EURUSD has formed an Inverted Head & Shoulders pattern at the bottom of the downtrend, signaling a potential reversal. The price is currently at 1.0305, near the neckline breakout level, and has already broken above the 200 EMA. With increased buying volume, buyers are showing strength, suggesting further bullish momentum ahead. Once...
📉 USDJPY Price Forecast 📉 USDJPY is currently at the top of the uptrend, experiencing significant consolidation within a range. The market has broken down the demand zone and also broken the ascending channel, confirming a shift in momentum. After the breakdown, the price retraced back to the channel, which has now become a strong resistance level. The price is...
📈 XAUUSD (Gold) Price Forecast 📈 Gold is currently in a strong uptrend, having broken a significant resistance level and trading above the 200 EMA, confirming bullish momentum. The market is now returning for a retracement near the order block, where a potential buying opportunity could arise. Once the retracement is complete, and a bullish candle confirms the...
📉 GBPCAD Price Forecast 📉 GBPCAD is currently trading in a selling zone, forming an Inverted Flag and Pole pattern, which is a continuation pattern indicating further bearish movement. The pair is also trading below the 200 EMA, confirming strong bearish sentiment. The market is approaching a breakdown of the flag pattern, with a potential for a strong bearish...
📉 GBPJPY Price Forecast 📉 GBPJPY is currently in a selling trend, consolidating at the bottom of the zone after a retracement to the order block at 190.05. Another key order block is present at 192.90, creating a consolidation range between these levels. The pair is trading below both the 200 EMA and 50 EMA, confirming a strong selling zone. With increasing...
📉 GBPJPY Price Forecast 📉 GBPJPY has broken out of the ascending channel with strong bearish candles, confirming a downtrend. The price has also broken a strong support level and is expected to retrace to 194.50, where an order block is present. Once the retracement is complete, the pair is likely to resume its bearish move, targeting lower support levels. 🎯...
📈 XAGUSD (Silver) Price Forecast 📈 Silver has formed a Double Bottom chart pattern at the bottom of the chart, signaling a potential trend reversal. The neckline breakout has already occurred, and the price is now consolidating at the retracement of the neckline around 30.00. This reversal pattern is further supported by increasing buying volume, indicating that...
📈 GBPUSD Price Forecast 📈 GBPUSD has broken out of the descending trendline and formed a symmetrical triangle pattern at the bottom of the downtrend. The breakout of the triangle has been confirmed, followed by a successful retracement to the breakout level. With buying volume increasing, the bullish momentum is strengthening. The pair is expected to rally from...
📈 AUDUSD Price Forecast 📈 In the smaller time frame, AUDUSD has formed an Inverse Head & Shoulders pattern, signaling a potential reversal. The price has successfully broken the 50 EMA and the neckline with a strong bullish candle, confirming the pattern. On the 4-hour time frame, the pair has also broken above the 50 EMA and is now approaching a descending...
📈 USDCAD Price Forecast 📈 The USDCAD market is currently consolidating within a range, positioned at a supply zone. The direction will depend on whether buyers or sellers take control at this critical level. 📌 Bullish Scenario: Buyers are gaining momentum, as indicated by the break above the 50 EMA and increased buying volume. If buyers dominate, a breakout...
📈 USDCAD Price Forecast 📈 The USDCAD market is currently consolidating within a range, positioned at a supply zone. The direction will depend on whether buyers or sellers take control at this critical level. 📌 Bullish Scenario: Buyers are gaining momentum, as indicated by the break above the 50 EMA and increased buying volume. If buyers dominate, a breakout...
📉 GBPUSD Price Forecast 📉 OANDA:GBPUSD GBPUSD has broken below the support level and is now trading in the selling zone after forming a golden crossover of the 200 EMA and 50 EMA. The pair is currently positioned in a supply zone, signaling a potential bearish move. With volume increasing on selling pressure, the market is set to drop further once a strong...