"Ethereum Analysis: Bullish Continuation within an Ascending Channel" In the 1-hour timeframe, Ethereum is trading within a clearly defined ascending channel, suggesting a continuation of the bullish trend. The current price is supported by the Ichimoku Cloud and Fibonacci retracement levels, providing potential zones for pullbacks and breakout targets. Key...
"EUR/USD Technical Analysis: Head & Shoulders Reversal Pattern in Focus" In the 4-hour timeframe, EUR/USD has formed a clear Head & Shoulders reversal pattern, indicating a potential bullish breakout. The neckline is positioned at 1.0578, which acts as a key resistance level. A confirmed breakout above this level may lead to further upside movement. Key...
Global gold has support at $2,607 and now, provided it holds, it can rise to the previous ceiling resistance at $2,789.
In the 4-hour timeframe, the USD/JPY currency pair has recently broken below its ascending trendline, indicating a shift toward a bearish sentiment. The price is currently approaching the key support zone between 151.91 and 152.46, which aligns with the 0.786 and 0.886 Fibonacci retracement levels. This area is expected to act as a significant resistance if the...
In the 4-hour timeframe, the price of gold, after a corrective downward movement, is attempting to return to an upward trend. The Ichimoku indicator shows that the price has crossed the red cloud and is approaching the support zone at 2612. This support level holds significant importance due to its alignment with the bottom of the cloud and the psychological...
In the 4-hour timeframe, the Dow Jones Index is moving within an ascending channel, reflecting the strength of buyers. This channel has formed since mid-October and has successfully maintained its key support and resistance levels so far. The Ichimoku indicator also highlights the strength of the bullish trend, as the price remains above the green Ichimoku cloud,...
Considering the resistance in the range of 1.2570, if this area breaks, we can expect that the range of 1.2685 will continue to rise. Otherwise, the support range of 1.2471 will be broken Expect to continue falling to the range of 1.2343
Considering the support in the area of 1.0360, after breaking this area, we can expect the area of 1.0266 to continue to fall. Otherwise, and break the resistance range of 1.0435, expect to climb up to the range of 1.0511
#BTCUSD The increase in conflicts between Russia and Ukraine can cause the price of Bitcoin to fall Looking at the trend in the one-hour time frame, Bitcoin has the resistance of the ceiling of the ascending channel in the range of $100,281, and now it seems that risk appetite in the market will decrease as geopolitical tensions intensify. Overall, the scenario...
#GOLD Increasing geopolitical tensions could lead to an increase in gold By examining the trend in the one-hour timeframe, gold has an important support range in the range of 2663-2633, and now, given the rate being above the bullish Kumo cloud of the Ichimoku indicator, there is a possibility of an increase in price. Overall, this scenario is strengthened that...
Fears of US tariffs appear to have subsided and EUR/USD could enter into a price correction as a result of the decline. Now, looking at the trend in the one-hour time frame, EUR/USD has formed a bearish corner pattern and, provided that the support of the important support interval in the range of 1.0352-1.0312 is maintained, it can rise to the resistance of 1.0666.
#eurusd Will the euro and dollar rise? The Euro-Dollar trend is downward and moving in the descending channel. The current support range is 1.04 and 1.03 Resistance range 1.05 Until the resistance range is broken upwards, the trend will continue to be downward.
#gbpusd Will the pound dollar continue its downward trend? The downward trend is strong. The upcoming support ranges are 1.2440 and 1.2350. The resistance range is 1.2630. As long as it does not break its downward trend line, it will not succeed in breaking the downward trend.
Gold has an important support range in the range of 2663-2633, and now, provided that it is maintained and no four-hour candlestick close is recorded below it, there is a possibility of the price rising to the upper range of the Bollinger Band indicator in the range of $2822.
Looking at the trend on the daily timeframe, EUR/USD could rally from the important support range of 1.0348-1.0302 to the 50% Fibonacci resistance at $1.0773.
Bitcoin is fluctuating in an ascending channel and can now rise to the channel ceiling resistance at $97,613, provided that the important support range in the $91,971-$91,352 range is maintained.
The USD/CAD pair has formed a bullish harmonic bat pattern on the one-hour timeframe and can now rise to the 78.6% Fibonacci resistance at 1.4073, provided the important support range in the 1.3950-1.3939 range is maintained.
USD/JPY has an important support range in the range of 154.02-153.38, and if it holds, an increase to the channel ceiling resistance in the range of 158.08 is expected.