Gold is now moving above the descending line after its breach to the top, after rising from the strong buying area 1927-1937, which was tested more than once in the current month of June. Thus, if the current four-hour candle closes above the line, gold will complete the ascent to the 1970-1980 area.
The metal moves in a price area ranging between 1985 and 1932 within the two sides of the triangle. Thus, if the lower side of the triangle is breached, the metal will go to the price of 1932, whether by settling above this area to return to the top again, or by breaking it to the bottom, and the direction changes completely. Until then, we should be careful in...
The pair had moved in an ascending price channel from March 2023 until May 2023, after which it entered the disrtribution area, then from it to a strong descending channel until June 2023, to enter once again the consolidation area that starts at 1.0635 and ends at 1.0790, and thus we have 2 scenarios, whether it is breached The consolidation area is higher or...
The pair is now moving above the bullish price channel after breaching it and retesting it once, to complete the bullish trend to the 1.2680 area, and maintain the bullish trend above the 1.2580 area, in addition to moving above the 200 average, which indicates the continuation of the rise , In case GBP/USD returns within the lower-half of the ascending channel by...
Buying the pair at the demand area, which ranges between 173.50 and 173.35, with the appearance of a buying signal at the demand area, which was identified in the analysis, as it was tested more than once, and this coincides with the move above the 200 average
A clear break under 139.00 in USD/JPY would signal further losses, with the first target at the June low of 138.40. On the upside, resistance is seen at 139.75 and then 140.00. Consolidation above 140.00 could lead to an acceleration to the upside , The pair is now moving above the average 200 and also inside the continuation triangle, which if it is breached to...
The pair is now moving above the average 200 after breaching the price area 1.2540-1.2550 to the top, then retesting it again to complete its rise, and that appears with a strong Press Action candle
The pair is now moving above the Average 200, after breaching the descending line, and thus it will continue its upward climb and reach the price area that ranges between 0.6790 and 0.6815, coinciding with the appearance of a signal on the stochastic indicator.
The metal is now moving below the average 200 after an upward wave from the price of 1939, heading towards the bearish line drawn in the 4-hour chart. Thus, we have 2 scenarios, the first is to close below this line with a bearish candle, or to close above this line, and thus it will complete the rise to level 1985
The pair is now moving below the MA 200 and 100, with the appearance of a strong price action candle on the 4-hour chart, with the appearance of a signal on the volumetric indicator indicating the area of 1.6750-1.6790, a strong selling area.
Oil was moving in a downward price channel, from June 2022 to December 2022, after which it entered the assembly area from January 2023 until today, and it is clear that it is moving below the average 200, with confirmation of the selling area, which is between 73.5 and 74.5, and it also shows us the demand area Between 68.20 and 67, therefore, emphasis is placed...
Selling gold because it moves below the averages 50, 100 and 200, and this coincides with the saturation of the stochastic, based on the analysis of the 4-hour chart, and the deal is opened based on the price action that appears in the 1-hour chart
The pair is moving below the MA 50, 100, and 200, which indicates a bearish trend, especially after the price action appeared on the four-hour chart and the hourly chart.
The pair moves above the average index 100 and 200, and therefore it is moving in an upward direction according to the analysis on the four-hour chart, and this coincides with the appearance of the Press Action candle and the saturation of the stochastic indicator
Sell the pair now, according to the analysis in the quarter-hour chart, based on the analysis in the hourly chart, and that coincides with the movement below the 50, 100, and 200 averages.
Selling the pair after the correction and reaching the selling area that ranges between 1.6320 and 1.6340, which has been tested more than once, according to the points shown in the analysis, as the pair moves below the 200 average, evidence of a continuous decline, and signs of correction appear in the movement of the stochastic indicator
Selling gold after the correction at the points referred to in the analysis, and these points are represented in 1952, as they were tested more than once, and this coincides with the intersection of the 50-average with the 200-average
*The pair is moving below EMA 200 and EMA 50 intersects to down word **Breaking upward channel *** Candle price action