linofx1

linofx1

I spotted a nice bearish pattern on Dollar Index chart on a daily timeframe. The price formed a bearish flag pattern. Trading in a bearish trend, the violation of a support of the flag is a strong trend-following signal. We can expect a movement down to 98.95

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Gold broke through a daily significant horizontal resistance level yesterday and closed above it. It appears that the bullish trend is likely to continue, with the price expected to retest its all-time high soon. After reaching this level, be prepared for a potential breakout that could drive prices even higher.

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📈GBPUSD experienced a significant surge yesterday and today we are witnessing a retest of a previously broken resistance level in a horizontal range, which has now turned into support following a breakout. Ahead of the FED Rate Decision today, there is a potential buying opportunity for GBPUSD: I spotted a falling wedge pattern on the 4-hour time frame. A...

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AUDCAD was consolidating in a sideways pattern for over two weeks on the daily chart. It broke through its resistance with a strong bullish move yesterday, suggesting potential for further growth. The next resistance level is at 0.900.

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I see a nice gap down on USOIL, with a strong possibility that the gap will be filled soon. The price approached an important support level and showed signs of a potential bullish signal. I also observed a breakout of the neckline of an ascending triangle pattern on the hourly chart. It is likely that USOIL will continue to rise and reach the 57.7 level in the...

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GBPAUD formed a significant bearish reversal pattern on a daily chart, with the price breaking below a key support level and indicating a Change of Character. I anticipate that the pair will continue to move lower, potentially reaching a support level of 2.034 soon.

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The USDJPY chart formed an inverted cup & handle pattern that has broken its neckline on a daily timeframe, signaling a confirmed Change of Character (CHoCH) and suggesting a potential bullish reversal. This could lead to a market recovery and a possible move towards the 146.00 level in the near future.

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EURCAD formed a classic head and shoulders pattern following a retesting of an important historical resistance level. A break below the neckline, accompanied by a strong bullish candle, confirms a bearish signal. I anticipate a corrective movement, potentially reaching as low as 1.5555.

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After a strong uptrend last week, ⚠️Bitcoin has paused its growth and is now consolidating. A familiar bullish pattern, an ascending triangle, is forming on the 4-hour chart. Currently, the neckline of this pattern is being tested. If there is a breakout above 96,000 and a 4-hour candle closes above this level, it could signal a continuation of the bullish...

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I see a nice positive signal on the 📈CADCHF chart, indicating a potential uptrend following a retest of a key daily resistance level. The price formed an ascending triangle pattern and has broken above its neckline on the 4-hour chart. I anticipate a rise in price to at least 0.6014.

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The EURUSD chart forms a significant head and shoulders pattern following a test of an important daily resistance level. Breaking below the neckline of this pattern indicates a strong potential for a bearish reversal. I believe the market will continue to decline, with the next target likely being 1.1225.

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The price of 📉GOLD is likely to keep falling, following a significant downward trend. After consolidating within a horizontal range on a 4-hour time frame, the support of the range was recently broken, signaling strong selling pressure and a probable continuation of the bearish trend. It is possible that the pair will soon reach the 3200 support level.

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The price of SILVER formed an important bullish pattern after testing a key daily support level. I spotted an inverted head and shoulders pattern on hourly chart, with a clear breakout above the horizontal neckline. It is possible that the price will continue to rise, with the next resistance level at 34.37.

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USDCAD is currently trading within a downward channel following a significant decrease in value in recent weeks. The price has formed an inside bar candlestick pattern and is currently consolidating within the range of the mother bar. To confirm a sell signal, wait for the price to drop below 1.3797 and close below that level. It is likely that the pair will...

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The price of BITCOIN formed a bullish flag pattern on a 4 hour chart following a significant uptrend. Breaking through the flag's resistance is a strong indication of continued bullish momentum and a likely uptrend. It is anticipated that the price could soon reach levels of 97,000 and 100,000.

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CADCHF has been trading within a horizontal range on a daily chart for over a week before breaking above its resistance level last week. With a strong bullish momentum, the price is expected to continue rising, with the next resistance level at 0.6080.

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The price of 📉GOLD may continue to fall after consolidating at a significant intraday resistance level. The price broke and closed below the support level of the horizontal range. This violation confirms a bearish trend continuation. The target price is 3247.

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⚠️Gold is currently at a critical support level, which will be a key factor for the market. 📉Breaking below the highlighted blue support could lead to more downward movement. The next target for sellers would be 3243. 📈Alternatively, the price could bounce off the highlighted zone. It is advisable to wait for a bullish confirmation before considering...