AUDUSD, H4 | Potential Bounce

Type: Bullish BounceKey Levels:Resistance: 0.72469Pivot: 0.71675Support: 0.70948Preferred Case:On the H4 timeframe, price is moving within the ascending channel signifying an uptrend. We see potential for a bounce from our pivot at 0.71675 in line with 61.8% Fibonacci retracement towards 1st resistance at 0.72469 in line with swing high resistance. Prices are trading above our Ichimoku cloud support, further supporting our bullish bias. Alternative Scenario:Alternatively, price may break pivot structure and head for 1st support at 0.70948 in line with the swing low support.

Source: Tickmill

Technical Analysis & Forecast 23.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693

GBP is rather vulnerable. Overview for 23.04.2024

The British pound appears very weak against the US dollar. The current GBPUSD exchange rate stands at 1.2344. The pound is vulnerable due to the

Ichimoku Cloud Analysis 23.04.2024 (GBPUSD, BRENT, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the Kijun-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a bearish

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