UnknownUnicorn65432248

UnknownUnicorn65432248

In the previous analysis, we accurately highlighted the pair’s decline toward the key 140 support level. After testing this support, the dollar has started to gain against the yen. With several key events lined up this week, the expectation that the Bank of Japan will maintain its interest rate policy could lead to yen weakness and support our bullish scenario....

UnknownUnicorn65432248

In the previous analysis, we mentioned a temporary strengthening of the yen followed by continued decline. Now, after a sharp drop and nearing the key 140 support level, a short-term weakening of the yen is expected, which could be driven by a strengthening U.S. dollar. On the daily timeframe, a temporary rebound from the current price level is likely, followed...

UnknownUnicorn65432248

In the previous analysis, the decline toward the 0.60 support was accurately predicted, followed by a rebound from the identified zone. After a sharp rally, a corrective move is not unexpected. With the price now approaching the 0.64 supply zone, a pullback toward 0.63 or lower is likely. However, if the 0.64 resistance is broken, the next bullish target would be...

UnknownUnicorn65432248

In the previous analysis, we noted the decline in this currency pair, though a temporary rebound led to a retest of the supply zone before another drop. Investor caution regarding potential retaliatory tariffs announced by U.S. President Donald Trump, scheduled for Wednesday as "Freedom Day," has added further pressure on the Australian dollar. As a result, the...

UnknownUnicorn65432248

The bearish scenario for this pair was thoroughly analyzed in the previous outlook, and as expected, the yen strengthened against the dollar. On the 4-hour timeframe, USDJPY is now testing the upper boundary of a drawn channel. Given the fundamental backdrop, a breakout above the channel could lead to further gains. However, failure to break the channel or the...

UnknownUnicorn65432248

In the previous analysis, we mentioned the possibility of further decline for this currency pair, and after touching 0.61, we saw some upward movement. On the daily timeframe, after reaching the supply zone and resistance at 0.64, a renewed decline is now occurring. The expected scenario is a break of the 0.61 support and a drop to the historic 0.60 support level.

UnknownUnicorn65432248

As anticipated in the previous analysis, this pair declined and has now fallen below the critical 150 support level. The expected scenario is a temporary rebound, either toward the 150 support retest or the identified supply zone. After this brief recovery, further downside movement is likely.

UnknownUnicorn65432248

After a prolonged period of consolidation above the 1.43 support level, this currency pair now appears poised for a corrective move. In this scenario, a bearish outlook and selling opportunity would be confirmed by a break of the 1.43 support, with entry upon a pullback to this level.

UnknownUnicorn65432248

In the previous analysis, we highlighted an important supply zone around 158, where this currency pair faced resistance, leading to a decline and strengthening of the Japanese yen. A key factor for further decline has been the break of the descending trendline. However, the most crucial confirmation would be the breakdown of the key 150 support level, which would...

UnknownUnicorn65432248

Weak business activity data from China has put additional pressure on the Australian dollar. Last week's rise above 0.6300 was temporary, driven more by U.S. dollar weakness than by positive domestic factors. In our previous analysis, we noted a short-term rally after breaking the trendline, but this move has proven to be temporary, as weakness in the...

UnknownUnicorn65432248

On the daily timeframe, a bullish confirmation requires breaking the 1.06 resistance and holding above it. However, caution is still warranted for further gains, as this move could be a temporary rally within a corrective phase.

UnknownUnicorn65432248

Gold experienced an uptrend last week, aligning with the bullish scenario mentioned in our previous post. This strong rally and the formation of a robust weekly candlestick suggest the potential for breaking the previous high and reaching the initial target of $2,850. On the daily timeframe, a price correction near the previous high is possible. If this...

UnknownUnicorn65432248

On the 4-hour time frame, we are still waiting for gold to stabilize above $2,700. However, the pullback on Friday has increased the likelihood that gold may fail to break the $2,700 resistance again. We should wait for the market's reaction after Mr. Trump's inauguration event. On the 4-hour chart, we are seeing a reaction to the identified supply zone. It...

UnknownUnicorn65432248

Contrary to the previous analysis, gold posted a significant rally, reaching around $2,700. Two scenarios are under consideration for its next move. The first involves a continuation of the rally, which requires breaking the $2,700 resistance and consolidating above it, a level gold has failed to surpass three times. The second scenario suggests completing a...

UnknownUnicorn65432248

As noted in the previous analysis, the pair reversed from the identified supply zone. On the daily time frame, aside from the marked support levels, no significant factors suggest a reversal. A key element for a potential turnaround would be the break of the descending trendline, which has yet to occur, requiring patience for now. Additionally, the risk of...

UnknownUnicorn65432248

As anticipated, oil continued its upward movement and has now broken a significant historical trendline. This breakout could pave the way for oil to reach the $80 resistance level. There is a likelihood of the price touching the marked supply zone, which could attract more buyers. This zone presents a potential opportunity for entering a buy position.

UnknownUnicorn65432248

In the previous analysis, the rise in oil prices was examined. As observed, after breaking the multi-week consolidation zone and retesting it, oil prices climbed. We anticipate a similar scenario could unfold again, with a break of the historical descending trendline followed by a retest. For a better entry into a buy position, it is advisable to wait for this...

UnknownUnicorn65432248

In the previous analysis, we discussed the continued decline of the EURUSD pair. On the weekly time frame, the 1.03 support level is crucial, and breaking it could pave the way toward parity. On the daily time frame, as long as the descending trendline remains intact, the outlook favors further declines. The identified supply zone offers a potential...