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I spotted a clear bullish breakout above an important intraday resistance level on the 📈GBPCAD pair. It is likely that the market will continue to rise. The next resistance levels to watch for are at 1.8089 and 1.8145.

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Observe the movement of the price action on the EURAUD chart. The price successfully broke a significant horizontal resistance level on an internal time frame. Subsequently, the price underwent a minor correction on a 4-hour chart, forming a bullish flag pattern. After a positive response from buyers, the market surged and breached its resistance level. It is...

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The US500 Index successfully surpassed and closed above a strong daily horizontal resistance. Following the violation, the market tested the previously broken level and began to consolidate. A bullish breakout from the consolidation range's resistance line provides a robust confirmation of a bullish trend. This increases the likelihood that the upward momentum...

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The GBPAUD is currently testing a trend line and horizontal structure that was recently broken. On the 4-hour chart, the market is consolidating within a horizontal range. I will wait for a break above the resistance in order to confirm a strong bullish move. A close above 1.9490 will confirm this break. If this happens, I expect the price to move up to at...

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AUDCAD has broken and closed below a strong horizontal support level during the day. Following a retest, there has been a noticeable bearish response. It is possible that the pair will continue to decline towards the 0.9140 support level.

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Take a look at the price movement of USDJPY chart. The price successfully surpassed a significant horizontal resistance level and closed above it on a shorter-term chart. Following the breakout, the price underwent a corrective movement on a 4-hour chart, forming a bullish flag pattern. As the New York trading session began, the market managed to break its...

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The GBPNZD price successfully broke and closed above an important daily/intraday resistance level, which has now become a support. I anticipate a continuation of the bullish trend on this pair, with targets at 2.1420 and 2.1471.

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We spotted two unusual breakouts on 📉Gold chart. The market had been consolidating for about two weeks, forming a triangle pattern and a horizontal range. Both the support of the triangle and the range have been broken, indicating the strength of the sellers. It is likely that the price will decrease to the 2600 support level.

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📈GBPAUD hit a significant level of support on Friday and then formed an inverted head and shoulders pattern, leading to a bounce and a break of a descending trend line. This indicates strong buying pressure and suggests that the market could continue to rise. The next resistance level to watch for is at 1.9424.

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USDCHF had been trading within a range since the end of August, but the release of Friday's fundamentals caused a surge in bullish sentiment. As a result, the price broke above the upper boundary of the range, signaling the possibility of further bullish movement. The next resistance level to watch is at 0.8623.

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EURNZD is starting to bounce back after a long period of decline. There is a clear indication of a bullish breakout at an important daily resistance level, showing the buyers' strength. I anticipate that the market will continue to improve and potentially reach the 1.7941 level in the near future.

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Here is one more breakout that I spotted today: CADJPY broke through an important horizontal resistance and closed above it, indicating potential for further bullish movement. The next resistance level to watch for is at 111.05.

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For two weeks, 📉EURUSD was trading in a sideways pattern before experiencing increased bearishness due to significant news released last Friday. The price broke below a key support level on the daily chart, indicating a potential downward trend. The next support level to watch for is at 1.090.

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Update for 📈Gold. Earlier, we spotted a violation of a significant horizontal resistance level on an intraday chart. After retesting a previously broken level, the market formed a symmetrical triangle and a double bottom pattern on a 4-hour chart. A bullish breakout from the triangle's resistance line and the neckline of a double bottom indicates a strong...

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Bitcoin violented a resistance cluster formed by a downward trendline and a horizontal structure, suggesting a potential increase in price. However, upon retesting the broken structure, the price falls below a support line in an ascending channel. One potential outcome is a pullback before a rally. The initial support range is between $60,036 and $61,368, with...

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The US Dollar had been trading within a set range on an intraday chart since late August. However, the release of recent fundamental data has caused a surge in market optimism, leading to the price breaking above the upper boundary of the range. This breakout suggests the possibility of a continued bullish trend. The target price is now set at 102.51

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The 📉AUDCAD shows several indications of bearishness in intraday chart, the pair formed a rising parallel channel pattern and a cup & handle formation. Both the trend line and neckline of the cup and handle pattern have been violented, suggesting the possibility of further declines. The next support level to watch for is at 0.9190.

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EURCAD is currently in a pronounced downtrend. Following a test of a key support level on the 4-hour chart, a small inverted head and shoulders pattern has emerged on the 1-hour timeframe. To consider going long on the pair, watch for a head and shoulders pattern on the 1-hour chart and wait for a breakout above the neckline at 1.4946 to confirm buyer strength....