linofx1

linofx1

EURAUD is currently in a long-term uptrend on the daily chart. At the beginning of the year, the price created a large ascending triangle pattern, which is a common bullish formation. A significant bullish signal would be a breakout above the resistance line, which acts as the neckline of the pattern. Confirmation of buyer strength and a continuation of the...

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EURGBP successfully adhered to a previously broken significant horizontal resistance level. Following its bullish breakout, a highlighted blue region turned into a support zone. Testing the broken structure, the market established an inverted head and shoulders pattern on a 30-minute timeframe, signaling a short-term bullish indication. It is anticipated that...

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The GBPJPY pair has broken and closed below an important daily support level after a period of consolidation. Upon retesting this broken support, there has been a noticeable bearish response, leading me to believe that the market will continue to decline. Potential targets for this downward movement are 193.03 and 192.06.

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The USDJPY is currently trading in a strong bullish trend. Following a new high, the market has entered a period of consolidation within a tight horizontal range on a 4-hour chart. Breaking through it resistance indicates a likely continuation of the upward momentum. I anticipate a rise towards the 150.00 - 160.00 levels.

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The USDJPY is currently trading in a strong bullish trend. Following a new high, the market has entered a period of consolidation within a tight horizontal range on a 4-hour chart. Breaking through it resistance indicates a likely continuation of the upward momentum. I anticipate a rise towards the 150.00 - 160.00 levels.

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Silver experienced a sudden increase earlier this week, breaking through a resistance line within a horizontal consolidation range on a 4-hour chart. This could indicate the possibility of continued growth, with the next resistance level to watch being at 31.00.

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📈CADJPY had been trading in a sideways pattern for two weeks until a significant news release caused the pair to become more bullish. On the 4-hour chart, the price successfully broke through and closed above a resistance level of the range. This breakout suggests a potential uptrend, with the next support level expected at 111.02.

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Bitcoin appears to be on a path of continued growth, with a promising bullish signal indicating a breakout of a double bottom pattern on a daily chart. The next potential resistances to watch for are at 106,000-108,000.

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The price of GOLD formed a nice cup and handle pattern on a 4-hour chart, indicating a potential bullish trend. A breakout above the neckline of this pattern is a strong signal for continued upward movement. After a significant retest, we anticipate further growth and a potential test of the 2663 level in the near future.

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USOIL completed a period of consolidation by breaking through a resistance level in a broad horizontal range on a daily. This creates the possibility for further upward movement, with the market potentially continuing to rise, possibly reaching 75.55.

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The GBPCAD chart formed a head and shoulders pattern on a daily timeframe. After the release of important fundamentals last week, the price dropped significantly with a strong bearish candle, breaking the neckline of the pattern. On Friday, the price retested the broken neckline and held below it, indicating a potential continuation of the bearish reversal. The...

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CHFJPY appears to be showing a bearish retracement after a recent test of a horizontal resistance level on an intraday or daily chart. A signal of this pullback is the formation of a descending triangle pattern, with a confirmed breakout below its neckline. It is likely that the price will drop to 173.39.

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After a breakout of a horizontal demand cluster last week, GBPCHF began to gradually recover while forming a symmetrical triangle pattern. The market showed a clear rejection from the broken area. The next signal for a bearish trend will be a breakout below the support of the triangle pattern, confirmed by a 4-hour candle closing below that level. This is...

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The EURJPY pair successfully broke and closed above a strong horizontal resistance on the an intraday chart. The highlighted blue area also marks the neckline of a cup and handle pattern, indicating a potential bullish trend. This violation could lead to further price increases, with the next targets being 163.64 and 164.47. Traders looking to enter the...

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📉 The USDJPY appears to be overbought following yesterday's bullish movement. The price might pull back from the highlighted blue daily resistance, potentially reaching at least the 156.48 level. Additionally, I spotted a double top pattern on the hourly chart, which serves as confirmation.

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The Federal Reserve's rate decision and FOMC meeting negatively impacted gold prices yesterday, leading to a bearish trend. Observing the 4-hour time frame, we can see how the pair responded to a downward trend line during the day. The market had been consolidating within a broad range for nearly a month. However, following the Fed's announcement yesterday, there...

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The yesterday's decision by the FED and the FOMC led to a significant decline in 📉SILVER prices yesterday. The price dropped below a key support level within a wide horizontal range on the daily chart. This breakout indicates considerable bearish momentum and suggests further potential for price decline. The next support level to watch is 28.78.

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I spotted two significant bearish signals on 📉GBPUSD. Following a substantial bearish movement, the pair began to gradually rise within a bearish flag pattern on the 4-hour chart. Additionally, a double top pattern was formed within the boundaries flag Today, the price broke through both the flag's support and the neckline of the double top, providing strong...