


The price of GOLD violated a intraday resistance level and closed above it. After retesting this level, the price bounced back and broke above the neckline of an ascending triangle pattern. This suggests that there is a strong likelihood of the bullish trend continuing. It is highly likely that the price will soon reach its all-time high.
It seems like USDCHF is getting ready for a rebound following a drop last week. To confirm this, I have observed a strong bullish breakout of a resistance line in a symmetric triangle pattern, along with a noticeable bullish imbalance after reaching a historical low. Targets are set at 0.8186 and 0.8307.
Since Friday, Gold has been consolidating in a horizontal channel on an hourly chart. If you are looking to buy Gold this week, wait for a breakout above the channel's resistance. It will initiate a movement higher, at least to 3260. On the other hand, if there is a bearish breakout below the channel's support, this can trigger a local correctional movement,...
After a breakout of a key horizontal resistance, 📈US50P retested this level and then formed an ascending triangle pattern on a 4-hour time frame. A bullish breach of the triangle's neckline is a key confirmation of buyer strength and suggests potential for a price increase to at least 5,500.
SOLANA formed an inverted head and shoulders pattern on both daily/intraday charts. Following the release of last Friday's fundamentals, the market experienced a significant surge, breaking through its neckline and a strong falling trend line. This led to a consequent strong bullish movement and change of character CHoCH. These broken structures now form an...
📈SILVER turned bullish after the yesterday's FOMC Minutes. After testing a key daily support level, the market is showing a clear intraday reversal. The formation of an ascending triangle pattern with a broken neckline confirms this bullish reversal. I expect the market to continue its upward trajectory, potentially reaching the 31.82 level in the near future.
Gold appears to be in a bullish trend following a successful test of an important daily/intraday horizontal support level. The price violated a minor falling trend line resistance and formed a local Change of Character (CHoCH). There is a strong possibility that the price will continue to rise with a target of 3080.
NZDCHF has good potential for further decline. After a strong bearish wave, the pair was consolidating within a horizontal range on an 4H time frame. The support of this range was recently broken, signaling the strength of sellers and a likely continuation of bearish momentum. I believe the pair could soon reach the 0.4621 level. On the 4-hour time frame, I...
EURAUD is currently trading in a strong bullish trend on a 4-hour time frame. Following a quite extended period of bullish movement, the pair has been consolidating within a horizontal range. Recently, the resistance of this range was breached, indicating strong buyer momentum. I believe that this upward momentum will persist, potentially leading the market...
Out of the different gap openings present today, the one I noticed on 📈EURCHF appears to be a promising trading opportunity. I have identified a clear double bottom pattern on the hourly chart following the gap down opening. There is a strong likelihood that the gap will be filled soon, with a target set at 0.9431.
The 📈CHFJPY pair is showing a strong bullish trend on the 4-hour chart following a clear breakout above a significant intraday resistance level. This suggests a possible increase to the 172.22 level. Prepare for continued growth in the days ahead.
The Dollar Index appears poised for a retreat after testing a key support area on a 4-hour chart. A robust bullish engulfing candle indicates strong buying activity in that region. As a confirmation, I see a cup and handle pattern on that and a breakout of its neckline. I anticipate a bullish upswing to at least 102.79.
Gold is currently experiencing a bullish trend and has reached a new all-time high on a 4-hour time frame. After quite an extended bullish wave, the pair was consolidating within a horizontal range for some time. The resistance of this range was recently broken, indicating strong buyer strength. I believe that the growth will likely continue, with the market...
During our daily interaction class today, we observed that the 📉USDCHF pair is consolidating within a horizontal range on a 4-hour time frame. After testing its resistance, there was a downward movement in the market which led to the breach of the neckline of a double top pattern, indicating a strong bearish signal for intraday trade. As a result, I anticipate...
It is likely that 📈GBPJPY will continue to rise from the underlined support zone. The formation of an inverted head and shoulders pattern suggests significant bullish pressure. There is a good chance that the price will increase to levels around 194.99/195.66.
Gold surpassed and closed above a resistance level within a horizontal consolidation range on an hourly chart yesterday. This indicates a potential upward trend towards the All-Time high. The target is set at 3145.
It is likely that the 📉AUDUSD will drop lower in the near future. The formation of a head and shoulders pattern, along with a breakout of its neckline after testing a key resistance, indicates a strong bearish signal. The target is set at 0.6218.
Gold is currently experiencing a strong bullish trend and has recently reached a new all-time high. The market is now consolidating within a horizontal range on an hourly timeframe. If the support of this range is broken, it could signal a significant bearish reversal, potentially leading to a drop in prices to the 3090 level.