#EURAUD: Important Breakout!

With a robust bullish rally, 📈EURAUD broke and closed above a key daily resistance cluster yesterday.

The broken structure and an ascending trend line now constitute a significant demand zone.

A bullish continuation is anticipated.
The subsequent resistance level is projected at 1.8075.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#NZDCAD: True Bullish Reversal?!

📈NZDCAD formed an inverted head and shoulders pattern.
The subsequent neckline breakout serves as a strong bullish reversal signal.

The previously broken neckline now serves as a key support level.

Consequently, we anticipate bullish price movement, potentially reaching the 0.8085 resistance level.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#CADJPY: Gap will be Filled!?

Another interesting gap-up trade I spotted today is on 📉CADJPY.

A confirmed bearish Change of Character (CHoCH) on the 4H chart suggests a local dominance of sellers.

The price will probably decline towards the gap's opening level.
The target is 105.83.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

ETHEREUM (#ETHUSD): Comeback? Eyes on $4300 Resistance.

ETHEREUM appears to be showing some bullish signals following a test of a significant daily support level.

The price formed an inverted head and shoulders pattern on that, succeeded by a bullish breakout above its neckline, which is serving as a minor resistance, thereby confirming a local change of character.

Considering these factors, there is a possibility that the price of the coin could potentially rise to the $4300 level soon.

GOLD(#XAUUSD): Bullish Move From Support

It appears that there is a possibility of a continued bullish movement on 📈GOLD price, potentially originating from an underlined blue support cluster.

Furthermore, a brief liquidity sweep below that level, followed by a bullish breakout above a minor resistance on an hourly timeframe, seems to be observed.

The anticipated target for this bullish movement is 4300.
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Hourly time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#USDCAD: Bearish Reversal Confirmed!?

The USDCAD pair has broken and closed below a significant intraday horizontal support level.

The blue area, which is underlined, is also the neckline of a cup and handle pattern.

This violation suggests the potential for a continued downward movement.
The subsequent support level is anticipated to be at 1.3985.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

SILVER (#XAGUSD): Trend-Following Signal

SILVER experienced a notable pullback on Friday, with the price subsequently retracing to a critical intraday support level.

Analyzing the hourly chart, I spotted the formation of a cup and handle pattern, followed by a confirmed breakout above its neckline.

Based on this analysis, there is a strong likelihood of further upward movement, potentially reaching a target of 53.31.
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Hourly time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#GBPAUD: Downward movement is Expected!

The GBPAUD price formed a head and shoulders pattern, and its neckline was breached yesterday on a 4-hour time frame.

A retest is currently underway.

It seems highly probable that the price will continue to decline, potentially reaching the 2.0500 level in the near future.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

#EURAUD: Breakout & Bearish Continuation

📉EURAUD is showing a bearish bias, after the violation of a support level within a confined consolidation range on the 4-hour timeframe,

Further price declines are anticipated.
The subsequent support level to watch is at 1.7750.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08

SILVER (#XAGUSD): Potential Pullback Trade Explained

The price of ⚠️SILVER is currently consolidating within a strong horizontal support structure.

To initiate a long position with a confirmation, wait for a bullish breakout of the resistance of the range on a 4H time frame.

A 4H candle closing above 49.40 will confirm a violation.
A Subsequent bullish momentum is anticipated, potentially reaching the 50.50 resistance level.

The setup will be invalidated if the price establishes a new lower low.
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4-hour time frame
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My broker 👇
https://one.exnesstrack.org/a/u0exuwlj08