GBP/JPY Analysis: By analyzing the #GBPJPY chart on the 4 hour timeframe, we can see that the price dropped to 206.77 as we expected in our previous analysis. Then, buying interest increased again, and so far it has risen to 207.89. Soon, we should see the price reach the supply zone between 208.13 and 208.57. Keep…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4 hour timeframe, we can see that price has once again entered the supply zone between $1.34320 and $1.34720. After reaching this key area, selling pressure stepped in and price dropped to $1.34. At the moment, #GBPUSD is trading around $1.342. If price can stay below this…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that yesterday price dropped exactly as expected and corrected down to $4271, delivering more than 550 pips of profit. After this decline, gold again reacted as planned and started to move higher. Right now gold is trading around $4335 and I…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that after pushing up to $4353, price corrected sharply and dropped to $4257. This decline created a large liquidity void, and today gold completely filled that FVG with a strong bullish move, reaching as high as $4350. Right now gold is…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price is currently trading around 1.174. I expect EURUSD to first push up toward the 1.178 to 1.182 zone, and once price reaches this supply area, a bearish reaction is likely. We need to watch how EURUSD behaves when it…
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GBP/JPY Analysis: By analyzing the #GBPJPY chart on the 4 hour timeframe, we can see that price is currently trading around 207.47. The recent sharp drop created a large liquidity gap, and I expect this zone to be filled soon before a bigger downside move starts. The key supply zone sits between 208.13 and 208.57.…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4 hour timeframe, we can see that after the initial drop, price bounced and pushed back into the 1.344 supply zone. Once it hit that level, strong selling pressure kicked in and GBPUSD dropped to 1.334. Right now the pair is trading around 1.336. If price can…
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Bitcoin Analysis: $BTC pushed into $94,700, tapped the target perfectly, and then slipped into a sharp correction. Right now Bitcoin is trading around $90,000, and the entire market is focused on a single decision level. If BTC can stabilize above $90,000 within the next 24 hours, the bullish structure stays alive and we can look for…
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Aster Analysis: $ASTER exploded all the way to $1.41, delivering more than 60 percent gains after the last analysis. From there price entered a heavy correction and dropped back to $0.88, which is a key demand zone. Buyers stepped in again and right now ASTER is trading around $0.94. As long as price holds above $0.92,…
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Litecoin Analysis: $LTC rallied all the way to $113 before getting slammed with a heavy correction, dropping more than 34% down to $75. Right now Litecoin is trading near $81 and the momentum is still clearly bearish. As long as this pressure continues, I expect a deeper correction toward the $63 to $70 demand zone. This…
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