XAUUSD breaks its bullish trend. After the bullish trendline breaks and starts making LH and LL. 1926.10 was the support which now becomes resistance. We will take our entries when the price reclaims this resistance area then it will continue a bearish structure toward our support which is at 1903.81
Price is making HHs and HLs and is currently at the crucial resistance zone where divergence is also created. Hopefully, it will change its character after being rejection from this resistance zone.
GBPJPY is making bullish moves. Hopefully price will hit the retesting zone and continue its moves of HHs and HLs.
XAU is making a divergence which will lead it to the current support level and that's the area of interest for buy.
USOIL is in a bearish continuation pattern and will retest the resistance level to make a new LH and continue its movement towards the support level.
Currently price is in 4 hourly OB ZONE + we can see that there is a divergence also. We may see USDCAD to be bearish from this level or the current resistance level.
Here we can see USDJPY is making continuous HHs and now at the stage of high resistance zone + we can see bearish divergence. Hopefully, we will reject these resistance levels and start to be bearish.
A head and shoulder pattern is forming on the GBPUSD pair. For confirmation, it should be retesting the neckline and then moving forward towards TP 1 AND 2.
EURUSD is testing its LLs. DXY is bullish that's why EUR will continue to be bearish. There is a resistance level and 0.3 level of fib which will be the possible next LH.
Here is the XAU sustaining support band if we successfully sustain it then we will go to the resistance level otherwise we will tap the current support level and then will go to the current resistance level.
SORRY guys I mistakenly marked wrong resistance in previous idea here is the new marked resistance
XAU is respecting a parallel bearish channel and mostly rejecting from the point which is marked target is mentioned.
USOIL is making LL and LH in the parallel channel, most likely it will retest the marked zone and continue the bearish movement toward the support level.
Dxy is in bearish behavior and will lead to the horizontal line around 2024 - 2025
USDCHF is making HH and HL . No bearish divergence. We will get entry on 0.3 fib level + SL and TP is mentioned.
USDJPY is making HH and HL . There is no bearish divergence. After hitting the possible support level + fib 0.5 level we can take entry. SL and TP are mentioned.
Here EURUSD tested trendline resistance for 4 days, Now this is the possible time to be reversed the trend. All TP, Entry, and SL are given in the chart with the analysis. Trade accordingly and manage your risk.