In the technical analysis of EUR/USD, if the resistance at $1.0525 holds and the price fails to break above this level, a decline towards the support at $1.0414 is likely. The short-term downtrend within the outlined channel also reinforces this scenario. In this situation, selling pressure could push the price towards the key support, but if the resistance at...
In the 4-hour chart of gold, it can be seen that the price of gold reacted positively at the support level of $2,644 and moved upwards by forming a price bottom. This support level has been well maintained so far, indicating the willingness of buyers to defend this level. If the support level of $2,644 is maintained and the pressure from buyers continues, the...
Or, considering the resistance around 2672, after breaking this area, we could expect a rise towards the range of 2710 and 2749. Otherwise, if the support level of 2638 is broken, a decline down to around 2606 can be anticipated.
Considering the support level around 3741, a break of this area could lead to a drop towards 3564. Otherwise, if the resistance level at 4015 is broken, one could expect a continued rise towards 4235.
EUR/USD could rise to the resistance of the second descending channel ceiling at $1.0541, provided the important support range in the 1.0474-1.0485 range holds. Meanwhile, recent fundamental factors have contributed to the weakening of the US dollar, which could influence the continuation of the pair's trajectory. The US dollar has weakened in recent weeks for...
The election of Donald Trump as the US President has strengthened the bullish trend of Bitcoin. The cryptocurrency is moving in an ascending channel and holding the support of $100,057 is the main condition for the continuation of this upward movement. The next target for Bitcoin could be the level of $107,306 at the ceiling of the channel. Bitcoin Technical...
Gold is trading in an ascending channel drawn by the Andrews fork. The support level of $2,646 acts as a critical point, and if it holds, there is a possibility of a rise to the resistance level of $2,702. Technical and fundamental analysis 1- Technical analysis: The price is close to the lower Bollinger band and is likely to return to higher levels. 2-...
#ethusdt Will Ethereum reach $4000 again? The trend is upward. Support range 3765 and 3570 The resistance range ahead is 3920 and 4130 If it stabilizes above the 3920 resistance, it can stabilize above $4000
#xauusd Gold continues to decline? Gold broke its upward channel and reached the support range of $2660. If the current support fails, the next support range is 2625 and 2600 dollars. If it stabilizes above the support range, it can move towards $2705 again.
GBP/USD has broken the support at the lower channel boundary around 1.2687, signaling a shift in trend towards further downside. The pair is now targeting the next support level at 1.2524. In the provided chart, the clear break of the 1.2687 support indicates a potential reversal in price movement. This level, which previously acted as strong support, is now...
According to the chart provided, the price of Solana (SOL) is currently in a range close to the resistance of $231.97. If this level remains valid as resistance, the price is likely to move downwards and could fall to the support of the channel floor around $202.06. This analysis is based on two points: Resistance at $231.97: If the price fails to break through...
The price is currently testing the upper boundary of the ascending channel near 152.40, which acts as a critical resistance level. If this resistance holds, the pair may see a retracement towards the midline support around 151.10. Key Points: Resistance at 152.40: This level represents the upper boundary of the channel, and a rejection here could initiate a...
Bitcoin Technical Analysis Based on the current 4-hour chart, Bitcoin faces resistance at $96,754, which is acting as a significant barrier to upward movement. As long as this level remains unbroken, the bearish momentum could persist, leading the price to test the lower support at $88,345. Key Points: Resistance at $96,754: This level serves as a strong...
Technically, gold has broken the resistance range of the descending channel ceiling at 2647 on the one-hour time frame and now there is a possibility of an increase in price due to the convergence of the Alligator moving averages, which is sending a bullish signal to the market. Overall, this scenario is strengthened that gold can increase in price by the length...
Technically, the S&P500 is trading in an ascending channel on the four-hour time frame, and now, given the high of the bullish Super Komo, there is a possibility of an increase in the price. Overall, this scenario is strengthened that the S&P500, provided that it maintains and does not record any four-hour candlestick close below the important support range in the...
Given the resistance at the level of 1.2817, if this area is broken, we can expect the price to continue rising towards 1.2935. Otherwise, if the support level at 1.2717 is broken, a further decline towards the level of 1.2614 is anticipated.
Considering the resistance at the level of 151.120, after breaking through this area, we can expect a rise to the level of 153.399. Otherwise, if the support level of 148.534 is broken, it can be anticipated that the decline will continue down to the level of 146.030.
In the recent four-hour chart of the Dow Jones Industrial Average (DJIA), the price is moving in a clear ascending channel. This movement shows that the market continues its upward trend. Currently, the price of the Dow Jones is above the support level of $44,534. This support level is very important to continue the upward movement. If the price manages to...