The Euro/Cad pair has recently completed a Gartley harmonic pattern and is currently showing bullish momentum. If the price breaks out of the pennant formation to the upside, we could potentially see the formation of an AB=CD pattern.
GBP/JPY has recently completed a harmonic pattern and is currently trading within a bullish channel along a trend line. I anticipate that this pair will continue to move higher in the near term.
Gold is in a channel that is forming a head and shoulders pattern. In case of breaking the neck line I expect this scenario.
The Possible Scenario for NZD/CAD. I expect to reach to the bottom of the cloud and then drop after checking the candle sticks. The first target is around 0.81500
In the 4-hour time frame, AUDCHF has recently reached both the trend line and the Ichimoku cloud. This confluence suggests a bullish outlook, with potential for further upside movement. The initial target for this upward trend could be around 0.60400.
NZD/JPY is exhibiting a robust bullish momentum, signaling a potential breakout above the current resistance level. The price action suggests a bullish bias, with the first target identified at 92.960
GBP/USD has encountered a robust resistance within a descending channel, indicating a potential completion of a harmonic pattern (butterfly). Anticipating a downward movement, I foresee the pair targeting 1.25660 initially, followed by 1.25300 as the second target.
In the 30-minute time frame, AUD/CHF has recently breached a key resistance level. Following a brief pullback, we anticipate a bullish movement towards the target of 0.59880.
AUD/JPY is on the verge of completing a head and shoulders pattern, suggesting a potential move towards the 100.300 level.
Bitcoin has formed a pennant pattern, suggesting a potential downward movement towards the target of 59300.
EUR/AUD has recently broken below the triangle pattern and is currently descending towards the next key support level at 1.63000.
The S&P 500 has broken out of the long channel and successfully completed its pullback. The initial target now is the bottom of the cloud.
Based on fundamental data like interest rate in the US and technical data like Ichimoku cloud and breaking bullish trend, the first target is around 1893 and the second target is about 1850. Bulls can save their profit.
In case of breaking the trend line, the first target would be 1.31750 and the next one is 1.33000. In RSI, the tend line is already broken and kijunsen is flat and might attract the price. the Komo B is flat and down trend is getting weaker. Divergence in RSI and MACD is obvious.
In my opinion, Cardano is breaking the triangle and starts a new rally. The target is 3 and stop loss id 1.77
The pair is about to finish its bat pattern. If this happens, we shall wait and see if it completes the flag pattern.