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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.

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We observed two unusual breakouts on the DXY chart. The market had been in a consolidation phase for about a week plus, during which the price formed a triangle pattern and a horizontal range. Both the triangle support and the range were broken, indicating strength in selling pressure. This suggests that the price could potentially drop to the 105.00 support level.

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AUDCHF is currently in an uptrend, having recently broken and closed above an important intraday horizontal resistance level. The previously broken resistance has now become a support level, with the price currently retesting this level. There is potential for the market to continue rising, with the next resistance level being at 0.5930.

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We previously observed a bearish reversal on GOLD. Following a period of consolidation, the market has now formed a significant double top pattern on the 4-hour chart. The neckline of this pattern, a key support level, was broken during the Asian session with a strong bearish candle. It is likely that the pair will continue to decline towards the 2270 support level.

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AUDCAD successfully surpassed and closed below an important intraday horizontal support last week. Following this breakout, the market retraced back to retest the previously broken level. The bearish response to this retest suggests that there is a strong likelihood for the downtrend to persist. The targets for this decline are set at 0.8800 and 0.8760.

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Following a month of trading within a horizontal range, CADJPY recently broke above its resistance level and closed higher. The previous resistance has now become a strong support level. I anticipate further upward movement in CADJPY, with targets set at 113.00 and 113.51.

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A significant head and shoulders pattern has emerged on the intraday chart of USDDCAD. The pattern's neckline was breached during the Asian session, with a candle closing below it. I anticipate a downward trend from here on, with the next support level likely at 1.3670.

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Gold broke below a strong horizontal support level and the neckline of a dynamic head and shoulders pattern. The broken neckline and horizontal structure now form an expanding supply zone. I anticipate a bearish movement from this area, with a target of 2330.

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⚠Bitcoin is currently trading in a wide horizontal range on a daily chart. Depending on whether there is a breakout to the upside or downside, I see two potential outcomes. In a bullish scenario, if the price breaks and closes above the all-time high resistance level of 73,670 on a daily chart, I anticipate a bullish movement to at least the 82,000 level. In a...

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EURUSD is currently in a bearish trend within an expanding wedge pattern. However, there are signs of a potential bullish reversal as the price recently tested a key daily wedge support and formed a falling channel pattern. The price has now broken above a resistance line of the falling channel pattern, suggesting a likely continuation of the bullish trend....

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📈EURNZD formed a double bottom pattern following a test of a crucial intraday support level. Breaking above the pattern's neckline is a significant bullish signal. Anticipated upward movement could reach the 1.8100 level.

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This week, NZDCAD broke through and closed below an important horizontal support level. The broken support has now become a resistance level, which the market is currently retesting. I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.