USDJPY had previously broken the downtrend channel and rose to the resistance area of 147,000 and then retreated. It is currently above this channel area and in the resistance area of 144,000. I think it will test the 147,000 again in the coming days as the dollar loses value.
Sandusdt has created a nice cup-handle formation on its daily chart. It will complete this formation with some money entering the market.
Gold recently broke the 2nd level of the Fib channel. After this break, it recorded a certain rise and then turned around and fell to the 2645 area and received a reaction from this area. I think its next target will be around 2700, which is the 2.272 level of the Fib channel.
The DOW is currently trading in the resistance area of the rising trend channel. It has reacted from this resistance 3 times before. If the probability of a 25 basis point interest rate cut increases, it will be an excuse for the index to pull back from this resistance.
SP500 is currently in an ascending channel and there are currently two scenarios. Scenario 1 can fall to the lower support of the channel with the reaction it receives from the media and rise from there. Scenario 2 can directly break the median and rise to the upper resistance of the channel. Which do you think will happen?
eurusd had previously broken its downtrend and was priced at 1.1200. It has been falling since 1.1200 and is forming a downward flag formation. The price is currently both at the lower support line of this flag formation and at the 1.1000 region, which previously served as a resistance region, and if it receives support from this region, it will first rise to the...
Silver had formed a cup and handle formation in its downtrend. It has now broken and tested the resistance zone. Its next target will be 30.1 and its second target will be 30.6.
Silver had formed a cup and handle formation in its downtrend. It has now broken and tested the resistance zone. Its next target will be 30.1 and its second target will be 30.6.
Silver broke its short-term trend. Good long position opportunity