The price is approaching the lower boundary of an ascending channel, with the RSI signaling an oversold condition, suggesting a potential reversal or bounce higher. Wait for confirmation before entering a long position on GBP/USD. Target levels: TP1: 1.2780 TP2: 1.3000
The NASDAQ is approaching its ascending trendline support, which could serve as a potential bounce point to sustain the bullish momentum and drive new highs. There are no significant bearish signals, suggesting that buying on dips remains a viable strategy for targeting further upside.
The EUR/USD pair is approaching daily range support, suggesting the potential for a bounce. A bullish RSI divergence on the daily chart strengthens the likelihood of an upward move. Target 1 (TP1): 1.06645 Target 2 (TP2): 1.07686 Stop Loss: 1.04000 This setup highlights a favorable opportunity for long positions.
Gold continues to show upside potential, maintaining a bullish trend. It is currently supported around the 2731 level and may test resistance at 2758, followed by 2790. If it breaks through these levels, it could aim for a new all-time high around 2880. However, a drop below the 2731 support level would bring attention to the next support levels at 2708 and then a...
USOIL will most likely to fall from here and will test the lower ascending trendline. One can sell from here for the target of 73 and 70 with stoploss of 77.41. On the contrary if it breaks the upper descending trendline the USOIL will becomes bullish once again.
Its look like the EURGBP has found its bottom after bouncing from the lower descending trendline and will most probably will move in upward direction from here and likely to test the upper descending trendline. One can buy from here for the target of 0.84566, 0.84839, 0.85117 and 0.85503 with the stoploss of 0.83682.
GBPUSD looks bullish on 4H timeframe. One can buy from here for the target of 1.33672, 1.35001 and 1.36000. SL 1.31500 or the descending lower trendline.
AUDUSD will likely move upward from here. One can buy from here for the target of 0.72114 and 0.72771. SL will be 0.70642
After bouncing from strong support area of 1.11861 EURUSD will likely move upward from here. One can buy from here for the target of 1.35000 and then 1.14389. SL will be 1.11800 or the breaking of lower descending trendline.
Buy Call: Currently trading in an upward trend. One can take a buy attempt from here for the target of 1.4000.
Buy Call: Buy at the current price for the target of 1.89542. Stoploss is breaking of trendline.
Currently trading above the trendline. One can take a long position for the target of 0.73823 and 0.74100.
Currently trading in upward trend and near to the important resistance. One can take a long position on breaking of the resistance or can short on the rejection.
After taking support from 1.3600 level currently trading in upward trend on 4H chart. One can take a long position for the target of T1 1.38900 and then T2 1.4000 on a longer period. Stop loss: 1.36700
GBPCHF: One can take a long position for the target of T1 1.2700 and T2 1.27900. Stop loss: 1.25000
Short Call: Still trading in downtrend channel. One can take short position with stop loss of 0.7310 or breaking of channel for the target of 0.7100 and then 0.69930
Potential Buy Call: Currently testing trendline. Breaking of the trendline will result in a buy call and one can take a long position for the target of T1 and T2. Potential Short Call: Currently testing trendline. One can take a short position in case of failure of breaking of the trendline.
Long Call: After bouncing from a good level currently trading near important resistance R1. Breaking of R1 can trigger buy call for a target of T1 1.29220 and then to T2 1.30950