linofx1

linofx1

↪️The 📉EURGBP successfully broke and closed above a strong daily resistance cluster and a significant downtrend line. This has created an expanding area of demand. I anticipate a bullish movement starting from the highlighted blue zone with a target of 0.8458.

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It is possible that 📉EURAUD will retreat from a significant daily resistance point. After a notable upward trend, the pair appears to be overbought. On the hourly chart, a cup and handle pattern has emerged and the neckline has been broken. I believe that the market will soon reach the 1.6457 level.

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✅I have observed a clear breakout in the structure of the 📉S&P500 Index. The price has dropped below an important daily support level and has not been able to recover. Upon retesting the broken structure, there has been a noticeable bearish response. I believe that the decline will persist. The next level of support is at 5,348.

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The USDCHF has broken and closed below an important daily support cluster, which has now become a resistance level. There is a strong likelihood that the bearish trend will persist, with the next support level at 0.874.

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↪️ Gold is experiencing significant downward pressure. This is evident from the breach of a support line in a bearish flag pattern on a 4-hour chart, as well as a strong horizontal support level that has been tested multiple times. The broken support level has now become a resistance zone, indicating a potential further decline towards the next horizontal...

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↪️We have observed two significant breakouts on the Nasdaq-100 Index. The market has dropped below a strong upward trend line and an important horizontal support level. These broken structures now form an expanding area of supply. It is likely that we will see a continuation of bearish movement towards the 19,057 level.

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I believe GBPCHF is showing strong bearish signals. A significant head and shoulders pattern has formed on the 4-hour chart, with the price respecting the 1.1471 - 1.1450 resistance level and reversing from there. Today, the previously highlighted blue area was breached, confirming the continuation of a bearish trend. The next target is expected to be between...

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📈Gold has created a well-defined inverted head and shoulders pattern at a significant horizontal support level. The breakout above the neckline of this pattern is a significant bullish indicator. It is likely that there will be a pullback to the range of 2430-2440.

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📉USOIL has dropped below an important daily support level and has now turned into resistance. It is likely that a bearish trend will persist, with the next support level at 75.50.

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↪️The USDJPY is showing strong signs of a bearish trend after a long correction in a symmetrical triangle pattern. A break below the support line suggests a high likelihood of the bearish trend continuing. The price could soon reach the 155.00 support level.

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A bearish breakout of a support level in a horizontal range has been identified on the 4-hour chart on 📉CHFJPY. This suggests that sellers are in control and a bearish trend is likely to continue. The price is expected to drop further, possibly reaching the 174.90 support level.

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↪️The Gold market is consolidating near an important daily support level. Upon analyzing the 4-hour chart, I have identified a possible head and shoulders pattern. The left shoulder, head, and right shoulder have already formed. The neckline of the pattern is at 2400 - 2387. A bearish breakout below this level, confirmed by a 4-hour candle close, would signal...

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AUDJPY is currently trading within a large expanding falling wedge pattern on the 4-hour chart. Following a test of the upper boundary of the wedge, the price dropped significantly and broke through a strong horizontal support today. It is likely that we will see a bearish movement towards the 103.63 level at this point.

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↪️The Nasdaq-100 index is currently at a significant point where a rising trend line and a horizontal support intersect. There are two potential scenarios to consider. In a bullish scenario, the market has formed an ascending triangle pattern on the hourly timeframe and is testing its neckline. A break and close above this level would signal strong bullish...

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↪️An important dynamic head and shoulders pattern emerged in 📉SILVER on a daily chart. Following a bearish reaction last week, the market experienced a sharp decline, breaking through both its neckline and a minor horizontal support level. These two broken structures now make up an expanding supply zone. I plan to consider shorting from this zone, expecting a...

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The CHFJPY is currently confined to a tight range, bounded by two key horizontal levels. The price's response to these levels will determine the next move. Two possible scenarios: Bullish Scenario: A break and close above 177.87 could spark a rally towards 179.00. Bearish Scenario: A break and close below 175.83 may trigger a decline to 174.80. Let's wait...

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Gold is currently being tested at a support cluster, which is marked by a strong trend line and a horizontal support on a 4-hour chart. If there is a bearish breakout in this area, it will confirm a strong bearish trend. A 4-hour candle closing below this support will confirm a violation. In this case, we can expect a bearish continuation towards the 2390 level.

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I noticed a strong bullish signal on Dollar Index, as it formed a double bottom pattern on a 4-hour chart and broke through a resistance line in a descending channel. The highlighted blue area indicates a good buying opportunity due to a broken horizontal level and trend line. It is expected that the pair will continue to rise towards the 104.54 level.