As it seems according to the chart, the bullish trend is still continuing. The analysis shows that the current price level has never been hit since May 2002. Probably, the final target for this movement could be considered close to the resistance area at 136.510. Watch out!
The chart obviously shows a failure at support area (1.48700). No strong support found upon the downward trend. We expect more falls to reach the next strong support at 1.4507 Evidently, we are waiting for the pullback completion and sell at 1.486
After breaking out the dynamic support at 1.24150 and completing pullback, the descending movement has been started. We expect more decreases according to DXY and the news of GBritain. It probably continues to hit the area 1.234
According to the chart, a downward trend has been started since June 2021. The dynamic resistance prevented price rising at the level of 1.16800 and it caused to throw down the price to the level of 1.12 (the least price from June 2020 until now). A true break is seen at this level and pull back has been completely done. A short correction is expected to the level...
The candlestick pattern shows a weakness in bullish trend, a short-term rest is expected for USDCAD. The level 0.61 of Fib-Ret will be the next target at 1.29784. According to Chart Patterns, an ascending triangle would be detected at the mentioned level. Final target could be at 1.37. Please share and enjoy trading!
Based on Price Action analysis, the confluence rate is on the level 48486. This correction wave will probably last for 5 weeks. Bullish market to break the descending trigger could be started as a result of buyers and hodlers. Optimistically, after the successful defeat of the bearish trigger, Bitcoin could be the target for 93592.
Final target for MATIC should probably be around 12$ really soon.
With having a glance at the chart, it is clearly evident that gold intended to break the resistance level at 1833 for four times, and it was not successful enough to form a new ascending trend. However, latest quick growth and touching the level 1871 was not really predictable, The hit to the level of 1871 threw down the price about 200pips. The next target as it...