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The Dollar Index has shown a strong bullish pattern on the 4-hour chart. There is a small trading range indicating an exhausted market, with the resistance being broken. The contracting demand zone is made up of a trend line and a broken horizontal structure. It is likely that the bulls will continue to drive prices upwards.

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Update for 📉EURUSD. As I had anticipated, the market was able to break below the highlighted blue support, causing the price to decrease significantly. Upon examining the 4-hour time frame, I noticed another indication of a bearish trend - the breaking of a support line in a rising parallel channel and a support level within a small range. I anticipate that...

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The EURUSD is currently trading in a rising parallel channel on a 4-hour chart and is testing its support. To enter a buy position with confirmation, look for an ascending triangle pattern on the 1-hour timeframe. A bullish breakout above the resistance and a close of a 1-hour candle above it will provide a strong bullish signal. There is a high likelihood...

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📈EURCAD has broken through a key daily/intraday resistance level and the previously marked blue area is now acting as a support. There is a strong possibility that the upward trend will continue in the near future. The next targets to watch for are 1.5092 and 1.5140.

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Yesterday, 📈EURAUD experienced a sudden increase and broke through a resistance line within a horizontal consolidation range on a 4-hour timeframe. This development suggests the possibility of continued growth, with the next resistance level being at 1.678.

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The EURUSD is starting to bounce back after a long period of downward trend. There is a clear indication of a bullish breakout above an important daily/intraday resistance level, showing the dominance of buyers in the market. Following the trend, I anticipate a potential bullish movement from the highlighted blue zone. ⚠️I suggest considering buying EURUSD...

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The Dollar Index experienced a significant decline on Friday, with the market violating a key support level. The previously intact range of 107.99 - 107.75 is now acting as a resistance zone. I anticipate a downward trend towards the 107.23 level.

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AUDUSD successfully broke through a key supply area with a strong bullish candle on a 4-hour chart. The pair is expected to continue its upward movement, with the next obstacle at 0.6350.

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Let's examine the price movement of 📈GBPAUD. Initially, there was a significant downward movement on the daily chart. Subsequently, the market lost momentum and the price began to trade within a tight horizontal range. Following a period of consolidation, the upper boundary of the range was violated. This indicates a show of strength from buyers and suggests a...

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It appears that GOLD is poised to retest its all-Time high. Gold broke through a significant intraday resistance and closed above it on a 4-hour timeframe. There is a strong likelihood that the price will continue to rise towards the resistance level set by the current All-Time High.

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Silver is currently trading within a tight horizontal range on a 4-hour chart. To confirm a bullish trend, it is recommended to wait for a break above the upper boundary of the range. A 4-hour candle closing above 31.00 would confirm a the violation, with a potential continuation to at least 31.43. On the other hand, a break below the support of the range...

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The CADJPY pair has strong potential for upward movement following a breakout above a significant intraday resistance level. The previously broken structure has now become a level of support, indicating a potential bullish trend towards 109.47.

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USDJPY is showing signs of a turnaround after a long period of decline. A clear bullish breakout above an important intraday resistance level indicates strong buying pressure. I anticipate further recovery in the market, with a potential target of 157.10 in the near future.

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Gold broke and closed above a significant resistance level on a 4H timeframe. Taking into consideration that the market is currently rallying, this breakout could lead to another wave of bullish momentum. I predict a further increase in price to 2770.

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We have been keeping an eye on the 📉CHFJPY setup. The price broke through both the neckline of a cup & handle pattern and a resistance line of a falling parallel channel on a 4-hour chart. The broken horizontal support and trend line now form an expanding demand zone. It is highly likely that the price will increase to at least the 173.00 resistance level.

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The NZDCAD pair appears to have been heavily sold off following a significant test of a key resistance level. A descending triangle pattern has now formed after this test, indicating strength in selling pressure with a breach of the horizontal neckline. It is likely that the price could decline to levels between 0.8099 and 0.8088.

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Gold experienced a sudden increase in value yesterday and is now nearing a strong horizontal resistance cluster. To anticipate a further upward trend, keep an eye on the 2716 - 2725 range. If the price broke and closes above this range, it is likely that the market will continue to rise significantly. A bullish trend is expected to reach at least the 1750 level.

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Gold is likely to continue falling from a significant resistance level on a 4-hour chart. After the market opened, a cup and handle pattern formed on a 4-hour time frame, with the neckline being broken during this Asian trading session. The price may soon reach the 2677 support level.