karabompesi

karabompesi

The GBP/USD pair is trading within an ascending channel, forming higher highs and higher lows since 2022. Recently, price bounced off the key support zone around 1.2098 - 1.2036, indicating strong bullish pressure. If this momentum continues, the pair is likely to push towards the 1.3365 - 1.3418 resistance zone, which has historically acted as a major supply...

karabompesi

The EUR/USD pair remains in a long-term downtrend, as indicated by the descending trendlines and the formation of lower highs and lower lows. Recent price action shows a rejection from the 1.0400 - 1.0514 supply zone, suggesting strong bearish momentum. Price is likely to target the next demand zone around 1.0000 - 0.9935, as order flow and smart money concepts...

karabompesi

The **Dow Jones Industrial Average (US30)** remains in a long-term bullish trend, with price continuing to form higher highs and higher lows. However, in the short term, a pullback is expected after a recent push higher, as indicated by the current price of 44,285.9. The key resistance zone lies between 44,803 – 45,124, where selling pressure could emerge, while...

karabompesi

The GBPUSD pair has been consolidating below the 1.25 level in recent days, suggesting indecision and potential for a breakout in either direction. Key resistance levels are observed at 1.26381, 1.25808, and 1.25363, forming potential supply zones. Key support is found at 1.24368, 1.23000, and 1.21137. The descending channel pattern is still visible, but the price...

karabompesi

The USD/ZAR chart displays a clear upward trend since 2019, characterized by higher highs and higher lows. An ascending channel pattern has formed, with the price currently trading within its boundaries. Key resistance levels are observed at 19.8128, 19.6694, and 19.34313, forming potential supply zones where selling pressure has previously been observed. Key...

karabompesi

The Dow Jones Industrial Average chart displays a clear upward trend since 2020, characterized by higher highs and higher lows. An ascending channel pattern has formed, with the price currently trading within its boundaries. Key resistance levels are observed at 45,124.0, 44,820.6, and 43,388.8, forming potential supply zones where selling pressure has previously...

karabompesi

Certainly, here's a paragraph summarizing the technical analysis of the EUR/USD trade idea based on the provided chart: The EUR/USD chart exhibits a clear downward trend since 2020, characterized by lower highs and lower lows. A descending channel pattern has formed, with the price currently trading within its boundaries. Key resistance levels are observed at...