Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price moved exactly as expected and continued higher. Gold successfully hit the $4351 and $4359 targets and even pushed up to $4375. Based on the main analysis, the next key target is a new all time high above $4382.…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price moved exactly as expected and started to rise from the level we were watching. EURUSD is now trading around 1.17430, and if price can stay and stabilize above the 1.17 level, I expect further upside. The next potential bullish…
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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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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price moved up as expected and reached the supply zone between $1.178 and $1.182. As soon as price hit this key area, selling pressure appeared and EURUSD dropped to $1.17. After reaching this level, buyers stepped in again and demand…
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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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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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