AlphaForex56

AlphaForex56

📉🚀 GBPUSD Market Update: Inverse Head and Shoulders Breakout! 📈 Great news for currency traders! GBPUSD has shown a promising development at the bottom of its current downtrend. We've identified a reversal chart pattern known as the inverse head and shoulders. Excitingly, the price has already broken through the neckline of this pattern, setting the stage for...

AlphaForex56

📈✨ XAU/USD Analysis Update: Retracement Expected Before Flying Towards Target Zone! 🚀🎯 Traders, here's the latest analysis on XAU/USD: 📈 Retracement Potential: XAU/USD is anticipated to retrace towards the Fibonacci levels at 2365 and 2355 before resuming its upward movement towards our target zone. 🎯 Technical Target: Our confirmed technical target remains at...

AlphaForex56

XAUUSD has formed a head and shoulders chart pattern, indicating a potential reversal. Anticipate a breakdown of the neckline, which could lead to achieving target levels. Increased volume on the selling side supports this bearish outlook. Technical targets are set at 2328, 2318, 2308, and 2280. Your support is key for the growth of our community. Let's continue...

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XAUUSD PRICE FORECAST; OANDA:XAUUSD XAUUSD is currently running in an uptrend, presenting buying opportunities. Anticipate retracements to order blocks and wait for the formation of bullish candles to initiate entry. Increased volume on the buying side adds weight to the bullish sentiment. Look out for order blocks at 2332 and 2305, with a technical target set...

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📈 XAU/USD Price Forecast 📈 OANDA:XAUUSD XAU/USD has formed a flag and pole chart pattern, indicating a trend continuation pattern. The breakout has already occurred, and the price is currently at the retracement level of the flag pattern. Additionally, there is support from the 50EMA, suggesting potential bullish momentum. Our entry will be initiated upon...

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OANDA:XAUUSD XAUUSD FORECAST; XAUUSD has formed an inverted head and shoulders chart pattern at the bottom. With the golden crossover of the 200EMA & 50EMA already in place, the market has shown a strong bullish candle, indicating potential momentum to break the neckline of the H&S pattern at 2178. Upon breaking both the neckline and the forward resistance level...

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📉 ETH/USD Price Forecast 📉 INDEX:ETHUSD ETH/USD has formed an inverse cup and handle chart pattern at the top of its uptrend. The breakdown of the neckline of this pattern, coupled with the breakdown of the ascending channel, suggests a potential reversal. The price is expected to retrace before further movement downwards, with increased volume indicating...

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📉 BTC/USD Price Forecast 📉 INDEX:BTCUSD BTC/USD has formed an inverse cup and handle chart pattern at the peak of its uptrend. The breakdown of the neckline of this pattern, along with the descending channel, suggests a potential reversal. The price is expected to retrace, supported by increased selling volume. Key Points: 1. Formation of an inverse cup...

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📈 EUR/USD Forecast 📈 OANDA:EURUSD EUR/USD has recently broken out of the descending trendline and is currently undergoing a retracement at the support level. Anticipation of a golden crossover, coupled with increased buying volume, suggests a strong buyer presence in the market. Key highlights: 1. Breakout from the descending trendline signals a potential...

AlphaForex56

📉 USOIL Price Forecast 📉 TVC:USOIL USOIL has formed a head and shoulders chart pattern, with the neckline already broken. Additionally, a retracement has occurred, and the price has broken below the 200EMA. The next likely move is a retrace towards the moving average and neckline before further downward movement. Confirmation for selling levels will be sought...

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📉 XAU/USD Price Forecast 📉 OANDA:XAUUSD XAU/USD has reached the high of its uptrend and formed a neutral chart pattern known as a descending triangle. The breakdown of the support level suggests a potential reversal, with the price expected to retrace before our entry is activated. Sellers have taken control, with increased volume on the selling side...

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📉 XAU/USD Price Forecast 📉 OANDA:XAUUSD XAU/USD has reached its highest level and is currently consolidating, marked by strong bearish candles. The breakdown of the trendline and consolidating phase, along with the breach of the 50EMA, indicate a shift in momentum towards selling pressure. Additionally, the falling RSI and increased volume on the selling side...

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📉 GBP/JPY PRICE FORECAST 📉 OANDA:GBPJPY GBP/JPY encountered resistance from the peak of highs and subsequently broke down the ascending trendline. Presently, it's undergoing retracement towards the resistance level at 191.30. Alternatively, entry could be initiated upon the formation of a strong bearish candle. Key Highlights: 1. Resistance from peak highs...

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📉 USD/JPY Forecast 📉 USD/JPY is currently at the peak of an uptrend but showing signs of consolidation within a range. Recent developments include a breakdown of the ascending trendline, indicating a potential shift towards a selling zone. We are awaiting confirmation of the breakdown of the consolidation range, which could provide further selling...

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📉 GBP/USD Price Forecast 📉 OANDA:GBPUSD GBP/USD has broken down the ascending channel and retraced to a strong resistance level. Heavy selling volume indicates significant interest from sellers, further supported by a golden crossover of the 200EMA & 50EMA in smaller timeframes. Key Points: 1. Breakdown of the ascending channel signals a bearish trend. 2....

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📈 XAU/USD Price Forecast 📈 OANDA:XAUUSD The gold market has broken out of the descending channel and is now challenging the resistance level at 2087. With a golden crossover of the 200EMA & 50EMA in the buying zone and following the upward trendline, we anticipate a retracement to Fibonacci levels, particularly the maximum 61% level at 2062 and the mini 38%...

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USDCAD Price Forecast: OANDA:USDCAD USDCAD has recently broken out of the downward trendline and is currently consolidating within a range between the support and resistance levels. With the activation of the golden crossover, we anticipate a strong bullish movement, particularly upon the breakout of the resistance level. Our technical target stands at...

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📈📊 XAUUSD Market Price Forecast! 🌟💰 Traders, here's the latest update on the gold market: OANDA:XAUUSD 🚀 Breakout Confirmed: Gold has successfully broken above the descending trendline, signaling a significant shift in market dynamics. 🔄 Retracement and Rebound: Following the breakout, a retracement occurred to the breakout point, providing an...