AUDCAD pair might drop more in the coming week and retest the demand zone marked in yellow. PLEASE DO YOUR ANALYSIS BEFORE ENTERING ANY POSITION AND DON'T BASE YOUR TRADE UPON THIS IDEA.
Based on our analysis of the long-term trend, it appears to still hold validity. However, there is potential for an upward break and subsequent movement towards the 4150 level, or even as high as 4300. It is crucial to wait for a break and retest of these levels before making any trades. On the other hand, if the price does not break through these levels, it may...
As you can see (Green arrows pointing downward) the market has been deviated from my previous prediction of a decrease in price for the OIL (No one is safe from market's surprises :D ). The trend line for upward movement, although present, should not be considered valid as it has been touched twice and should be further monitored before utilization in analysis....
From a fundamental perspective, there are several reasons to believe that the EURUSD will experience an upward trend in the coming months. Firstly, inflation in the United States has reached a peak and it is unlikely that the Federal Reserve will continue to raise interest rates at the same pace as in the past. Secondly, inflation in the Eurozone remains high, and...
Right now, the NZDUSD is creating a flag pattern and there is potential for further upward movement but wait until channel breakout.
Possible upward movement in USD/CHF chart, the dollar index looks very strong and it can be an end to the downtrend for dollar pairs.
AUDCHF is likely going to have downward movement during this week and/or next week.
on a bigger timeframe, the trend is bullish and currently forming and support at the trend line, I am going to take a long position if I see any reversal candlestick pattern and volume increasing. PS: Do your own research before taking any position and don't take position based on this analysis.
US100 has bounced off downward each time it has been reached the top side of the trend. So, it's likely to do it again now. Trade carefully and have a nice day :)
Head and shoulder and risk for further downward movement
#SOLUSDT needs to break the downtrend line. It might take some days or a week until we can see clearer the outplay but until then it's uncertainty at the market. So just trade in shorter timeframe and don't invest.
The price has broken out of downtrend channel and will likely touch to top of the triangle (blue line).
XAGUSD has formed an inverse head and shoulders in daily timeframe which is strong indicator that the price will reach higher levels.
XAGUSD moves inside the trend lines, and has bounced off from bottom line and might continue upward. Please do your own research before entering in any position.
AUDUSD had inverted head and shoulders and might resume its uptrend movement.
I think CADJPY goes down. Marked the first, second and the third TP levels in the chart. Plz do your research before doing any trade, this is just a prediction.