linofx1

linofx1

Bitcoin reached its all time high of $73,800 before experiencing a decline to the support range of $57,739-$56,132. However, it later increased by over 15%. The price is currently following a downward channel with no breakout yet. If it can break out and close above the channel resistance, it may reach the resistance level of $74,000 again. If the trend...

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The GBPUSD shows another sign of bullishness as it retests a strong demand area and creates a double bottom pattern. Breaking through the neckline of the double bottom pattern. I anticipate a rise towards 1.2550 / 1.2600.

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The USDCHF currency pair has broken and closed below an important intraday support level, which has now become resistance. There is a retest of this broken structure happening, after the test of the support level of 0.9020. To consider shorting the pair, look for a bearish flag pattern on the 4-hour timeframe as confirmation. If there is a breakout below the...

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The EURUSD price surpassed and closed above an important horizontal resistance last week. This broken level has now become a support, and the market is currently retesting it. I anticipate a bearish trend to continue, with the next target likely being the resistance of a descending trend line.

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The dollar index fell below a significant intraday support level on a 4-hour chart but was unable to close below it. This support could potentially lead to a slight upward movement before a possible retracement. I anticipate a bullish correction for the pair, with a target of 105.34 / 105.56

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After reaching a peak of 106.50 on a short-term chart, DXY traded within a broad horizontal range on a 4-hour timeframe for an extended period. However, the lower boundary of this range was breached during last week's trading session. The support level is now being retested, and we anticipate a downward movement in response to this break. We could see a...

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One of the currency pairs that appears to be showing bullish signs today is USDJPY, following a test of an important horizontal support level. The price broke above a resistance line in a falling wedge pattern and also surpassed a strong horizontal support level. These two bullish signals suggest a likely continuation of the upward trend. The potential...

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I have observed a clear bullish signal on the USDCAD chart following a successful test of an important support level. The price has created an ascending triangle pattern on the 4-hour chart and has broken above its neckline. I anticipate that the price will soon reach levels of 1.3739 and 1.3800.

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The price of DOGE surpassed the dynamic resistance in the 4-hour time frame and reached the resistance range of $0.1721-$0.1654, but was unable to break through and subsequently dropped back to the dynamic resistance. It is expected that the price will increase once more, with the initial goal being to surpass the resistance level, potentially leading to a rise...

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Gold shows several positive signs after testing a solid horizontal support level. There is a clear indication of a bullish trend with the breaking of a resistance trend line and a double bottom pattern. We anticipate an increase in value with a target of 2352.

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CADJPY has broken through and closed above a resistance line in a falling wedge pattern, following a test of an important horizontal range. A pullback is likely to occur next, with targets set at 113.36 and 114.02.

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The GBPUSD has surpassed and closed above a strong horizontal intraday resistance cluster and a significant descending trend line. The broken vertical and horizontal formations now create an expanding demand area. I anticipate a bullish trend starting from the highlighted red zone, with targets at 1.2618 and 1.2690.

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We previously observed a clear breakout of a vertical trend line on a short-term chart. Following this, the price displayed several bullish signals on a 4-hour timeframe. Initially, there was a double bottom formation with a break above the neckline. Subsequently, the price also broke through a resistance level within a horizontal range. Overall, market...

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Gold is currently experiencing a downward trend on a daily basis. Last week, the price dropped below an important horizontal support level and remained below it. This has created a supply zone with a broken structure and a descending trend line. Today, there was a significant bounce back from the lower boundary of this zone, indicating strong resistance. It...

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Update for 📉BITCOIN We have observed a clear bearish breakout below a support level on the daily chart. There is a significant bearish sentiment in the market, indicating a high likelihood of further downward movement. It is expected that the price will continue to decline, potentially reaching the support level at 52500.

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The DOLLAR INDEX has recently approached an important horizontal support level. Following a successful test, the price has broken and closed above a resistance line of a bullish flag pattern on the 4-hour time frame. This suggests potential for continued upward movement in the pair, with a target of 106.53.

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USDCAD shows several signs of a bullish trend, after testing a significant intraday support level. These include breaking through a resistance line in a falling channel and surpassing the neckline of a double bottom pattern. We can anticipate upward movement with targets at 1.3719 and 1.3750.

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Following a break of a significant support level on the daily chart, Gold tested a nearby support level. The price was consistently rising within a bearish flag pattern on the 4-hour chart. The test of previous horizontal structure prompted a strong bearish response, causing the price to breach the flag's support level. This indicates strong selling pressure...