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We can found a technical figure Rising Wedge in Spanish company Repsol S.A. (REP.mc) on a daily chart. Repsol S.A.s a Spanish energy and petrochemical company based in Madrid. It is engaged in worldwide upstream and downstream activities. In the 2020 Forbes Global 2000, Repsol was ranked as the 645th-largest public company in the world. It has more than 24,000...

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In this pair, technical analysis shows a technical figure Triangle. The Triangle has broken through the resistance line on 07/08/2021. USDCHF is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 3 days with a target of 0.9234. According to the experts, your...

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We can found a technical figure Triangle in Spanish company Aena, SME S. A. (AENA.mc) on a daily chart. Aena, SME S. A.is a Spanish public company incorporated as a public limited company that manages general interest airports in Spain. The company, which is 51% owned by the public business entity ENAIRE, operates 45 airports and two heliports in Spain and...

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The technical figure Triangle can be found in US company Berkshire Hathaway (BRKB) at daily chart . Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The Triangle has broken through the support line on 04/09/2021. If the price holds below this level, you can have a possible bearish...

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The British Pound is poised to close a third consecutive daily advance against the US Dollar with GBP/USD up more than 0.5% for the week. The advance takes Cable into initial resistance targets with US Non-Farm Payroll. The sterling breakout the resistance triangle line, and it looks that bulls are moved into the market. The price bounce and confirm the key...

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USD/CAD traded slightly higher yesterday after it hit once again the key support zone of 1.2580, clearly visible on a 4-hour chart. That said, the recovery stayed limited near 1.2630. Lately, the pair has been trading in a consolidative manner, and thus, investors will refrain from confidently calling its next trending direction. In order to start examining the...

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During the Asian trading session on Tuesday, Hong Kong 50 Index breaks above the resistance triangle line, beginning from June 21st. Yesterday the price impulse broke above the resistance line at level of $25800 and in the next few hours on a four-hour chart, tested the resistance line above and confirmed it as a support line. Tomorrow investors will observe with...

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The Coca-Cola Co. (NYSE: KO) has been in a correction mode since August 16th, when it hit resistance at around 57.50. It hit the support line on Friday last week formed from the beginning of the year with Doji candle, and experts expect the market reaction today. Today's response is not late, as the action bounced off the support line with a solid green bar, with...

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The sentiment is bullish . The price has massively corrected the huge upside movement that occurred last week. Now it's time to keep growing and reach the previous Higher High USDCAD pair fell to the trend level of support, since the level is quite strong, and from this level experts expect that the price will be bought back, and target is - 1.274-1.275 Risk...

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Recently, we saw a significant drop on EURUSD and price after touching the strong support at 1.1660 (Weekly Low) stopped falling and started to retrace. In the higher time frame (Daily) we can see the bullish candles with upside pressure. In 4H chart, the descending trend line has been broken out to the upside and price has pulled back to it. But, there is a...

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Gold has finally reached 1800 and this is a significant level right now. We're expecting to see what is the next move. The main idea is to see what is price reaction in the resistance zone. Those are the levels slightly above 1800! If we see a rejection of this level and price leaving a wicks inside of the zone, than that would be an entry signal. A more secure...

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AUDUSD pair price is moving down in a descending channel . Now the price is testing a strong support zone coming from below. We may see the price moving higher again as after the retest of the support line it created a small pin bar candle. Actually, the price broke out of the Friday high and it is keeping the bullish momentum. Long bias invalidated when price...

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GBPAUD price made a very strong move during the RBA and invalidated the previous pattern. Now we are in the situation that the price completed butterfly pattern H4 and analysts watch again for another selling opportunity. Any price move above the peak at 1.9154 would open the doors for more increases in the price. Supports to watch: 1.9000 1.8908 1.87880 Risk...

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In this pair, technical analysis shows a technical figure Descending Triangle. The Descending Triangle has broken through the support line on 20/08/2021. NZDJPY forming a bearish formation on a daily chart . If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 73.47. If you decide...

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The technical figure Rising Wedge can be found in French company LVMH Moët Hennessy Louis Vuitton (MC.pa) at daily chart. LVMH Moët Hennessy Louis Vuitton commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris, France. The Rising Wedge has broken through the support line on...

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In this pair, technical analysis shows a technical figure Head and Shoulders. The Head and Shoulders has broken through the support line on 18/08/2021. EURJPY forming a bearish formation on a daily chart. If the price holds below this level we will have a possible bearish price movement with a forecast for the next 43 days with a target of 127.37. If you decide to...

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In this pair, technical analysis shows a technical figure Triangle. The Triangle has broken through the support line on 17/08/2021. EURTRY forming a bearish formation on a daily chart. If the price holds below this level we will have a possible bearish price movement with a forecast for the next 42 days with a target of 9.5735. If you decide to enter this...

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The technical figure Triangle can be found in US company American Express Company (AXP) at daily chart. The American Express Company is a multinational financial services corporation best known for their credit business. The Triangle has broken through the support line on 14/08/2021, if the price holds below this level you can have a possible bearish price...