awaisulabdeen

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The AUDCAD chart shows the formation of a Hidden Bearish Divergence, indicating that the current uptrend may soon reverse into a downtrend. Additionally, there is high-impact CAD news today with the release of the CPI data. On the chart, there is also the formation of parallel channels. We expect these channels to break soon, supported by the confirmation of the...

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Currently, XAUUSD (Gold) is in an uptrend, making new higher highs and higher lows, and moving within a parallel channel supported by its trendline. Additionally, fundamental factors are pushing gold to make new higher highs. However, on the 1-hour time frame, there is a hidden bearish divergence, indicating a potential trend change to a downtrend. This suggests...

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The USDCAD chart has currently formed a Harmonic AB=CD Pattern, which indicates a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence on the 1-hour time frame, suggesting that the current downtrend is about to shift into an uptrend. Furthermore, the price has mitigated the Order Block (OB) and is now moving upwards. These...

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The AUDNZD chart currently shows the formation of a XABCD Harmonic Shark Bearish Pattern, indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bearish divergence, suggesting that the current uptrend is likely to reverse into a downtrend. Furthermore, on the daily chart, the price has just touched a strong daily resistance zone, which...

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EURCHF's chart currently shows the formation of an AB=CD pattern, which signifies a Potential Reversal Zone (PRZ). Additionally, there is a Hidden Bullish Divergence , indicating a shift in the trend towards an uptrend. In technical analysis, an AB=CD pattern is a harmonic price pattern that suggests a potential reversal. The completion of this pattern at the...

awaisulabdeen Updated 

AUDNZD chart currently shows the formation of AB=CD patterns , indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bullish divergence, confirming a bullish trend. Both indicators collectively suggest that the trend has shifted to an uptrend. In technical analysis, an AB=CD pattern is a harmonic pattern used to identify potential reversal...

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EURUSD is currently at a strong support level, and it has tested a highly robust support zone before starting to move upward. Additionally, there is a Hidden Bullish Divergence observed on both the 1-hour and 4-hour timeframes, indicating a potential reversal zone (PRZ). Furthermore, a completed Bullish Harmonic Pattern AB=CD has formed, and this pattern coincides...

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Currently, the XAUUSD (gold) chart is showing the formation of an Inverse Head & Shoulders pattern, which typically suggests a potential reversal to the upside in price. This pattern is considered bullish. Additionally, there is a hidden Bullish Divergence observed on the Relative Strength Index (RSI), further supporting the expectation of an upcoming uptrend. In...

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According to my analysis, the New Zealand dollar against the Canadian dollar (NZDCAD) is expected to experience a bearish trend. This assessment is based on the presence of a Hidden Bearish Divergence on the 1-hour timeframe, which indicates a potential reversal zone. A Hidden Bearish Divergence occurs when the price of an asset forms higher highs, but the...

awaisulabdeen Updated 

According to my analysis, AUDCHF is currently in a downtrend. However, there are indications of a potential bullish reversal. Firstly, there is a Hidden Bullish Divergence observed on the 1-hour timeframe. This occurs when the price of an asset forms higher lows, while the corresponding indicator, in this case, AUDCHF, shows lower lows. This suggests a potential...

awaisulabdeen Updated 

According to my analysis, the New Zealand dollar (NZD) is expected to experience a bullish trend. This assessment is based on the presence of a Hidden Bullish Divergence on the 1-hour chart of NZDCAD, which suggests a potential reversal in the price movement. Hidden Bullish Divergence occurs when the price of an asset forms lower lows, but the corresponding...

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XAUUSD, when observed on a daily time frame, is currently in an uptrend and is exhibiting a pattern of higher highs (HH) and higher lows (HL). However, there has been a significant decrease in price accompanied by high trading volume, which breaks the previous higher low according to Dow Theory. This suggests that GOLD is likely to print lower lows (LL) and lower...

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The CADCHF chart is currently exhibiting a pattern of higher highs and higher lows, indicating an uptrend. However, it recently broke its previous higher low (HL), resulting in a change of pattern. The chart is now forming lower lows (LL) and lower highs (LH), which suggests a shift towards a downtrend. Additionally, the CADCHF chart faced rejection or...

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The NASDAQ is a stock exchange that is home to many technology and growth-oriented companies. When it is said that the NASDAQ is on a "bullish trend" or "uptrend", it means that the overall sentiment in the market is positive, and investors are buying more stocks than they are selling. This can result in a general increase in stock prices. The "DOW theory" is a...

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AUDNZD being in an uptrend means that the value of the Australian dollar relative to the New Zealand dollar is currently on the rise. Additionally, there is a notable development occurring in the form of hidden divergence on the Relative Strength Index (RSI). Hidden divergence refers to a situation where the price of an asset and the RSI indicator move in opposite...

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USDJPY is a currency pair that indicates the exchange rate between the US dollar and the Japanese yen. When market analysts mention that USDJPY is in an uptrend, it means that the value of the US dollar is rising against the Japanese yen over time. However, the analysts also note that there is a formation of hidden bearish divergence on the Relative Strength Index...

awaisulabdeen Updated 

The current price of gold is in a phase of consolidation but attempting to break out of this range. The current price is being supported by a strong level of buying activity and forming a pattern of higher highs and higher lows, which may indicate a potential bullish trend.

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In the 4-hour time frame, ETCUSDT has currently broken out of its minor bottom neckline, which is a good indication that it will make a higher high according to Dow theory. Additionally, there is a double bottom pattern, and ETCUSDT has successfully broken out of its neckline. According to that pattern, its projection is at $21.30, which is our final target...