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The GBPUSD has surpassed and closed above a strong horizontal intraday resistance cluster and a significant descending trend line. The broken vertical and horizontal formations now create an expanding demand area. I anticipate a bullish trend starting from the highlighted red zone, with targets at 1.2618 and 1.2690.

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We previously observed a clear breakout of a vertical trend line on a short-term chart. Following this, the price displayed several bullish signals on a 4-hour timeframe. Initially, there was a double bottom formation with a break above the neckline. Subsequently, the price also broke through a resistance level within a horizontal range. Overall, market...

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Gold is currently experiencing a downward trend on a daily basis. Last week, the price dropped below an important horizontal support level and remained below it. This has created a supply zone with a broken structure and a descending trend line. Today, there was a significant bounce back from the lower boundary of this zone, indicating strong resistance. It...

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Update for 📉BITCOIN We have observed a clear bearish breakout below a support level on the daily chart. There is a significant bearish sentiment in the market, indicating a high likelihood of further downward movement. It is expected that the price will continue to decline, potentially reaching the support level at 52500.

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The DOLLAR INDEX has recently approached an important horizontal support level. Following a successful test, the price has broken and closed above a resistance line of a bullish flag pattern on the 4-hour time frame. This suggests potential for continued upward movement in the pair, with a target of 106.53.

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USDCAD shows several signs of a bullish trend, after testing a significant intraday support level. These include breaking through a resistance line in a falling channel and surpassing the neckline of a double bottom pattern. We can anticipate upward movement with targets at 1.3719 and 1.3750.

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Following a break of a significant support level on the daily chart, Gold tested a nearby support level. The price was consistently rising within a bearish flag pattern on the 4-hour chart. The test of previous horizontal structure prompted a strong bearish response, causing the price to breach the flag's support level. This indicates strong selling pressure...

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The GBPCAD broke through a significant horizontal resistance and closed above it. This sets the stage for a potential uptrend continuation. The next resistance level to watch is at 1.7216.

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Following a test of a daily horizontal resistance, the EURNZD currency pair created a descending triangle pattern on a 4-hour time frame. The next support level appears to be at 1.7909, which is likely to be the target for sellers. To enter a trade, one could look for a retest of the broken neckline of the triangle.

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The AUDUSD pair reached a new peak and closed higher on a 4-hour chart, breaking through a strong horizontal resistance level. The shattered resistance level and a trend line now form a narrowing area of buying interest. I anticipate a rise in price from this point, with a target of 0.6650.

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After a significant decrease in value over the past two weeks, Ethereum has now stabilized and is showing signs of consolidation. A bullish accumulation pattern, specifically an ascending triangle formation on a 4-hour chart, is evident. The current focus is on testing the neckline of this pattern. A breakout above 3288, indicated by a 4-hour candle close,...

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Gold successfully broke through the neckline of an ascending triangle on a short-term chart and ended the day above it. This signals the strength of buyers and raises the likelihood of a broader bullish trend in the market. Following a retest of the breached level, buyers will be aiming for targets around 2360 to 2380.

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The USDCAD is experiencing a slight downward trend on a 4-hour chart, moving steadily within a descending parallel channel. It is in a strong horizontal support level, and I anticipate that the downward movement will continue once it breaks through this support. To confirm this, we will need to see a 4-hour candle close below 1.3657. If this happens, we can...

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The NZDUSD chart shows an ascending triangle pattern following a successful test of a strong horizontal support level. The breakout above the neckline indicates strong buying momentum, suggesting that the pair will likely continue to rise, possibly reaching 0.6010.

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The GBPUSD chart showed a significant head and shoulders pattern on a 4-hour time frame. The neckline was broken by an intraday candle. The pair is expected to continue rising, with a target of 1.2573.

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AUDUSD has surpassed and closed above an important intraday horizontal resistance level. This previous resistance has now become a support level. There is potential for further growth in the market, with targets set at 0.6544 and 0.6583.

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EURJPY is currently experiencing a robust uptrend. Following a recent high, the market has been trading in a wide horizontal range. A bullish breakout above the range's resistance could indicate a continuation of the upward trend, potentially leading to price levels around 166.00 / 166.50.

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GBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart. The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum. A downward movement towards the 2.0833 level is likely.