linofx1

linofx1

The EURGBP has shown a significant bullish pattern on the 4-hour chart. I have identified an ascending triangle, which is a bullish pattern indicating a break above its resistance level. There is now a contracting demand zone formed by a trend line and a broken horizontal structure. It is likely that the bulls will continue to drive prices higher in this scenario.

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The price of 📉GOLD appears to be on a downward trend following a period of consolidation. A break below a support level within a sideways trading range is a strong indication of a continued decline. It is likely that the price will drop to the 2870 support level or lower.

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Look at the price movement of 📈GBPCAD. Following a significant bullish movement, the price began to consolidate within a horizontal channel on a 4-hour chart. The breakout above the upper boundary of the channel, signifies a strong bullish trend continuation. The next level of resistance to watch for is at 1.8703.

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Bitcoin is currently experiencing a downward trend on a daily basis. Following a period of consolidation within a horizontal range, the market broke below its support level and reached a new low. On retesting the broken structure, the market formed a symmetric triangle pattern. The breakout of the support line within this pattern indicates a strong confirmation...

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📈USOIL may experience a reversal from an important daily support level. The formation of a cup & handle pattern and a breakout above its neckline on a 4-hour chart suggest that the price is likely to rise. The target price is 68.50.

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📉NZDJPY formed a cute head & shoulders pattern on a key daily/Intraday horizontal resistance. A bearish breakout below the horizontal neckline indicates strong selling pressure and is a powerful bearish signal. It is likely that the pair will continue to decline and potentially reach a level of at least 83.83.

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📈EURNZD is trading in a strong bullish trend on a 4H time frame. After a long period of bullish momentum, the pair started to trade within a sideways range for a while. The upper boundary of the range was breached today, indicating strong buying pressure. I believe that the uptrend may persist, leading the market to the 1.9030 level in the near future.

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The 📉US500 appears to be in a bearish trend after breaking below a support line within a tight consolidation range on a 4-hour chart. It is likely that the price will continue to decline, with the next potential support level at 5,710.

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The 📉USDCAD pair has formed a head and shoulders pattern on the 4-hour chart. Following the release of US economic data yesterday, the price quickly fell and broke below the pattern's neckline. This morning, the price is currently testing the broken neckline and heading below it. This suggests that we may see further downward movement in the price. The...

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It is very likely that the 📉Dollar Index will decrease much lower. The violation of an important daily demand cluster indicates a bearish trend continuation. The next level of support is at 103.56.

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After a period of steady growth, ⚠️GOLD has paused its upward momentum and is now consolidating. This consolidation is forming a horizontal range pattern on the 1-hour chart, with the upper boundary currently being tested. I am confident that if there is a bullish breakout, indicated by a 1-hour candle closing above 2930, it will lead to a continuation of the...

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The 📈GBPCAD pair is still experiencing a strong bullish trend, with the breaking of a significant resistance level serving as a bullish indicator. On the hourly chart, there appears to be an ascending triangle pattern forming after a recent test. It is likely that the price will continue to increase and potentially reach a minimum of 1.8552.

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After a breakthrough of a significant horizontal resistance level, On retesting it 📈GOLD formed a symmetrical triangle pattern on an hourly chart. A bullish violation of the resistance line is a crucial intraday confirmation of bullish sentiment and the strength of buyers. It is likely that we will see a rise in price to at least 2930.

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📈SILVER approached a strong horizontal support level last week. The market formed an inverted head and shoulders pattern on that, bounced and breached a solid falling trend line. It is a significant sign of strength of the buyers. The price may keep growing now. Next resistance - 32.20

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📉NZDCAD appears to be showing a bearish trend following a retest of a key horizontal support level. I see a descending triangle pattern on an hourly time frame after its test. There is a strong likelihood that the price will continue to decline and potentially reach a minimum of 0.8096.

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Gold is starting to bounce back after a long period of decline. There is a clear indication of buyers gaining strength with a breakout of a key resistance level. Additionally, there is a bullish breakout of an ascending triangle formation, further supporting an upward trend. The next potential resistance level to watch for is at 2920.

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I see a nice gap up on 📉EURUSD As always, chances are high that it will be filled soon. As the pair approached a significant daily resistance level, it started showing signs of a potential downward trend. I noticed a clear break below a support line in a symmetrical triangle pattern on the hourly chart. This suggests that the pair could soon decline and...

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I see a nice positive reaction from buyers at an important daily support level on the 📈USDJPY chart. Following a test of the highlighted blue zone, the price began to consolidate and formed a tiny horizontal range on the daily timeframe. The resistance if the range was broken, indicating strong buying momentum. We anticipate further bullish movement, with a...