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MARKET ANALYSIS

EURUSD is approaching a support line at 1.1478. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.

EURUSD is approaching a support line at 1.1478. If it hits the support line, it may break through this level to continue the bearish trend, or it may return to current levels.

NGC/USD is approaching the line at 2.9025. If this move continues, the price of NGC/USD could test 2.9025 within the next 8 hours. But do not rush to trade. It has tested this line many times in the past, so the move could be short-lived and end in a rebound.

ETHUSD is moving toward a resistance line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 3 days and may test it again within the next 13 hours.

XAUUSD has broken through the support line of a Rising Wedge technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 2 days, suggesting a possible target level around 4700.4356 within […]

XAGUSD is moving toward a support line. Since it has retraced from this line before, we may see either a breakout through it or a rebound to current levels. It has touched this line multiple times in the past 13 days and may test it again within the next 3 days.

NAS100 has broken through the resistance line of a Channel Down technical chart pattern. Because it has retraced from this line in the past, you should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 17 days, which suggests a possible target around 24228.8492 within […]

An emerging Channel Down pattern in its final wave has been identified on the USDJPY 1 hour chart. After a strong bullish run, USDJPY is heading toward the upper triangle trendline, with possible resistance at 159.1271. If the resistance holds, the Channel Down pattern suggests a rebound toward current levels.