TrendLogic1

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📉 GBPUSD Price Forecast Update! 📈 Traders, important developments in the GBPUSD charts! 🌐🔍 A cup & handle chart pattern has been identified, and the price has broken down from the upward channel. Here's the forecast: 🚨 Trend Change Alert: - The cup & handle pattern breakdown suggests a potential shift to a sell zone. 🎯 Technical Targets: 1. Support at...

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📉 XAUUSD Price Forecast: Bearish Outlook 🌐📊 Traders, significant developments in the XAUUSD charts! 🚨🔍 The market has broken down from the upward channel, experienced a retracement within that channel, and has now formed a double top chart pattern on the daily timeframe. Here's the forecast: 🚨Technical Analysis: - Breakdown: From the upward channel -...

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XAUUSD PRICE FORECAST; Current XAUUSD Price: 2029 FOREXCOM:XAUUSD The current price for XAUUSD is 2029. Short-Term Sideways Movement: - It is expected to experience a brief sideways movement. Resistance at 2042: - Anticipate resistance around 2042, marked by a descending trendline. Breakout Scenario: - If the price successfully breaks out above 2042,...

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FOREXCOM:USDJPY USDJPY Price Forecast: A Double Bottom Chart Pattern signals a potential reversal. The breakout of the trendline and 50EMA suggests a bullish trend. Anticipating a further breakout of the 200EMA and neckline, with a target area set at 650+ points. The current market position is at 143.60, and our target is 149.65. Stay tuned for potential market...

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EURUSD Price Forecast: FOREXCOM:EURUSD The market underwent a complex pullback and rebounded from a support level following a double bottom pattern. With no imminent high-impact news, EURUSD is likely to range until tomorrow, fluctuating between support and resistance zones. Notably, the price broke through the upward channel, signaling a potential upward move...

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Crude Oil (USOIL) Price Forecast 🛢️: Current Analysis: - The market is in a continuation of a downward channel. - A symmetrical triangle pattern has formed, suggesting a period of consolidation and uncertainty. - The price is currently testing the resistance level at 73.35. Forecast: - If the symmetrical triangle pattern breaks down, it could indicate a strong...

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Certainly! Here's a refined version of your GBPJPY price forecast: "GBPJPY Price Forecast: Observing an inverse head & shoulder chart pattern at the current level of 180.65. A potential bullish scenario may unfold with the formation of a bullish engulfing candle, presenting a favorable entry point. Alternatively, a breakout above the neckline could signal a...

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XAU/USD Price Forecast 📉: The gold market is currently entrenched in a formidable bearish trend, forming a bearish trend continuation chart pattern known as a bearish flag & pole. Our target is determined by the pole's height, projecting a potential decline of 250 pips from 2005 to 2080. Stay tuned for market updates! 📊💹 #XAUUSD #GoldForecast #BearishTrend

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XAU/USD Price Forecast 📈: Gold has recently broken out of the trendline and is currently in a retracement phase. Strong support is observed at both the 50EMA and 200EMA, indicating a robust bullish zone. Technically confirmed targets are set at 2056, 2065, and 2088. Don't miss out on these potential opportunities! 🌟💰 #XAUUSD #GoldForecast #BullishOutlook

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FX:EURUSD EUR/USD Price Forecast 📉: A notable inverse flag & pole chart pattern has formed. The 200EMA and 50EMA indicate a robust bearish momentum, especially with the confirmation of a golden cross. Technically targeting 1.0720 it means 225 pips for potential downside. Stay tuned for updates! 📊💹 #EURUSD #TechnicalAnalysis #BearishForecast images.app.goo.gl

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$FOREXCOM: XAUUSD XAUUSD PRICE FORECAST: The Gold trendline has experienced a breakdown, and a retracement to the specified level is anticipated. Following the retracement, traders should be vigilant for the formation of a bearish candlestick pattern, indicative of a potential double top chart pattern. Here's the anticipated sequence: 1. Initial movement from...

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FOREXCOM:XAUUSD Gold Price Forecast: The ascending trendline has been breached, and the current retracement level indicates a bearish sentiment. The formation of a bearish candle further supports a negative outlook. The sell zone is notably robust, suggesting a favorable position for selling. Technical target is identified 2033. Specific levels include 2052,...

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FOREXCOM:GBPUSD GBPUSD Price Forecast: A triple top chart pattern signals a potential reversal. The breakdown of the trendline and 50EMA suggests a bearish trend. Anticipating a further breakdown of the 200EMA and neckline, with a target area set at 280+ pips. The current market position is at 1.2640, and our target is 1.2215. Stay tuned for potential market...

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EURUSD price forecast: FX:EURUSD Price Forecast: Observing a cup & handle chart pattern, with strong support from both the 50EMA and 200EMA indicating robust bullish momentum. The market currently rests on a resistance level, and once the breakout occurs, our entry will be activated. Technically, two targets are in focus: the first, based on the handle height,...

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FOREXCOM:XAUUSD The gold market has recently formed an ascending triangle chart pattern, indicating a bullish continuation trend. Notably, the market found support at the 50EMA (Exponential Moving Average) and confirmed the bullish sentiment with the formation of a strong bullish candle. This combination of technical signals suggests a potential upward trajectory...

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The golden Fibonacci retracement level at 61.80% signals a potential market backup, marking a crucial point. With the breakdown of the upward trendline and trendline retracement coinciding with a resistance level, the last zone to watch is the fib 61.80% level. Technical targets derived from Fibonacci retracement levels are set at 72.50, 70.90, and 68.20. Keep a...

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XAUUSD (GOLD) Price Forecast: Chart Pattern: The market is currently showing an Ascending Triangle Chart Pattern. Breakout Strategy: After the breakout of the resistance level of the ascending triangle pattern, the entry will be made on a bullish candle from the resistance level. EMA Cross: The 50EMA and 200EMA have undergone a golden cross, indicating a strong...

TrendLogic1

A potentially bullish scenario for EUR/JPY based on technical analysis. Let's break down the key points: 1. **Double Bottom Pattern:** - A double bottom is a bullish reversal pattern that indicates a potential shift from a downtrend to an uptrend. It's formed by two distinct troughs at roughly the same price level, separated by a peak (neckline). 2....