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EURUSD, “Euro vs US Dollar” On H4, near the support level, EURUSD has formed a Harami reversal pattern. The instrument is currently going by the reversal signal in an ascending wave. The correction target could be 1.0860. However, the price might drop to 1.0760 and continue the downtrend without testing the resistance level. USDJPY, “US […]
EURUSD, “Euro vs US Dollar” The currency pair has risen to 1.0827 and now rests in a consolidation range below it. If the quotes break the range downwards, the range might extend to 1.0740. If the price escapes it upwards, the correction could continue to 1.0896, after which a decline to 1.0700 might follow. GBPUSD, […]
EURUSD, “Euro vs US Dollar” EURUSD is testing the signal lines of the indicator. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Kijun-Sen line at 1.0825 is expected, followed by a decline to 1.0645. An additional signal confirming the decline will be a rebound from the upper […]
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TitleXAUUSD H4 React off 5o% Fibonacci retracement TypeBearish Reversal Preference:Price is rallying to our pivot point at 1986.79 which aligns with a 50% Fibonacci retracement. A reverse from here, price will be fall to 1st support at 1953.87 which is a swing low support level Alternative scenario:however, if price breaks above the pivot, it could […]
Apple Higher on Debt Ceiling Optimism Apple shares are trading higher ahead of the open today with the pre-market price putting the stock at its highest level since early 2022. The general improvement in risk appetite through the week has helped drive stocks higher with tech stocks among the biggest beneficiaries. Apple shares have been […]