We have a correction up to the range of 585. After this, we will encounter the trend line and break the resistance and the price will move up to 930 bnb, an attractive currency for investment from 6 months to one year (( Excellent with a strong support )) ** The target of 30,000 is not far off ** This analysis is brought to you by the FXonbit Traders Team
On the daily timeframe, we anticipate a downward movement in gold to the 2580 level. Upon reaching the daily ascending trendline, a price rebound toward the 2670 range and interaction with the 4-hour descending trendline is not unexpected. This analysis is brought to you by the FXonbit Traders Team
On the daily timeframe, a downward movement toward the 147.014 level is expected, followed by a short-term upward move projected to reach 153.550 This analysis is brought to you by the FXonbit Traders Team
The chart trend on the daily timeframe is bullish. Considering the weekly candlestick pattern, which forms a doji, there is a clear struggle between buyers and sellers. However, since the overall trend is upward, a buy position can be initiated on the 1-hour timeframe around the 0.91138 level, with proper stop-loss management. This analysis is brought to you by...
On the daily timeframe, the chart has reached the trendline. However, the approach has been gradual, and there are no signs of bullish entry in this area. Therefore, a trendline break is expected, with the price moving toward the 187.097 level, followed by a pullback below the trendline (around 190.7) and a continuation of the downtrend toward the 180.035 level....
The chart indicates an expectation of a short-term downward movement toward the $637 range, where buyers are likely to step in. The $637 to $620 zone is considered low-risk. The target profit is set at the $676 liquidity area; however, further growth beyond this level is anticipated, and the analysis will be updated accordingly. This analysis is brought to you by...