This currency pair is crossing the 124 range and entering the 125 channel with 125.40 and 126 resistances, which can give a good correction to this currency.
Following the previous analysis and continuing the trend of this currency pair, it increased to 122.30, and above this number, the range of 123 to 124.20 has a good resistance area in front, and the previous resistance numbers are supported. 121.50-120.5-119.20
The pair has suffered in the Daily Frame Daily after its uptrend in the last two months in February and is currently resisting 157.30-158-158.20-159.30 and can react well. , 155.31 and 153.15 are the supports in this currency pair. The 159.30 range is very important because of the overlap with the Fibonacci lines
The pair is still moving towards its targets on channels 116 and 117 in its daily timeframe, according to the previous analysis, after a two-month uptrend. Important resistances are 115.80 and 116.35. The range of 116.35 is a good range for the profit of buyers who have bought from below, and the daily stabilization above this number activates the target of 118.61.
Analysis Tuesday 19/11/1400 November 8, 2022 This major is now moving towards its targets on channels 116 and 117 in its daily timeframe after a two-month uptrend. 115.50 - 116.30 and 116.90 The resistance ahead and the range 114.50-114.70 are the desired support. The long-term trend is bullish cuase of the US dollar.
Oil analysis Sunday 17/11/1400 6 November 2022 Oil has reached its highest level in seven years, above $ 93.00 per barrel, and has been rising for seven consecutive weeks. On Friday, the market cattle reached a price of 93.68 with the price rising and breaking the resistance of 91, and oil has increased in price by 30% during this period. Other factors that...
After breaking its downward trend, oil has entered a new uptrend and is facing resistances of 86.61-100.85 and 121.
In this index, we encountered 35688 support in the time frame 4 hours after the correction, and now we are in the range of 35980, which activates the close and stabilization of this number above the targets of 36260 and 36530.
There has been a long-term bearish trend in the pair since 2007, which broke in October 2021 - the 116-124 range is a very strong support range, especially the 124, which has been supported many times, is now engaged in the 156.50 resistance range. And then the range of 160.50 is the 50% Fibonacci resistance, and if it crosses, it will move towards the 169 targets.
After the long-term uptrend of this pair from February 2009 to November 2016 - two downtrends have formed, we are in the second wave and we hit the support level of 0.8470 which is Fibo 0.38 if we cross this support level. , We encounter the support level of 0.8330 and then the Fibonacci level of 0.5 which is 0.8031
In the monthly time, due to the breaking of the long-term downtrend in April 2021 and the formation of an upward trend in this pair, the range of 113.50 to 114 formed a strong support range to move to 118.52 and then 124
We have a good uptrend in the 4-hour timeframe Go to 36564-36622 and stabilize above these for 37273
There is a bearish trend in this index that in case of failure and stabilization above 179 in the 4-hour time frame, targets above 180 will be activated, otherwise it will fall to the support range of 167.80
The dollar index, after weeks of uptrend, is almost close to the resistance level of 97.50, and from below it has the support of 95.70, which is generally inside a rectangle, which has been inside the same rectangle since 2019, and I think it can Test the ceiling of 97.50 and in case of failure and stabilization 2 weeks above this number, we will have a target of 100
Given that Bitcoin has been declining over the last 4-5 weeks, there are two good support areas S1:40000-42000 S2:29000-31000 Price differences in exchange offices cause price tolerance Depending on the circumstances, one of the three scenarios is possible
Given the downtrend in the pound and resistance in the 1.8540-1.8660 area, I think there is a good opportunity to sell, just the important point is The approach of the Christmas holidays and the downsizing of transactions may prolong the trend. On Thursday, December 16, the British interest rate will be effective. GBPAUD SELL entryzone :...
In 25 FEB Leading Economic Index(Dec) Industrial Production (MoM)(Jan) Retail Trade (YoY)(Jan) ------------------------------------ 22 SEP BoJ Press Conference make it up no change in montary policy ---------------------------- 7 OCT BoJ's Governor Kuroda speech Continue the policy of bank