ClearTradingMind

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Eurusd Renko analysis that get clear clarity about what's next?! what do you think..?

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Currently, gold is experiencing a rejection of its bullish trend from the $2,060 range, indicating a lower demand at this price level. Additionally, buyers seem reluctant to take risks above this level. However, in the long term, the outlook for gold demand appears more positive. It's anticipated that an upward rally could eventually break through this barrier,...

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The 15-minute gold chart indicates a persistent bearish trend continuing below the 2027 level following a breakout of the trend line. The expected rally's initial target is projected to reach the 2020 price range, with potential for further decline

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In the 15-minute chart analysis, the gold price is expected to regain momentum from the 2030 level, with a target of reaching the 2040 price level.

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The EUR/USD pair is anticipated to shift to a bullish trend after experiencing a week of bearish momentum. The market seems poised for a rebound from the 1.09100 level, marking a potential turning point towards bullishness

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In the 15-minute chart, applying the Zigzag tool indicates a slight downward trend in gold prices, beginning from the 2045 range. There is an expectation that this downtrend could extend to the 2040 range or further.

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Gold is expected to undergo a retracement from the 2040 range, indicating a potential rebound in its value.

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The Trend is bla.... blaaaaaaa asasasasasasasasassasaDASFWDSWRHQN5WEN5WW6M6W6ME55EMYRMFHMSEMYTEMREAMYTEMUT

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Following a sharp rise last week, fueled by Fed Chair Powell's dovish comments post-FOMC and the impact of the dot plot on the US Dollar, the EURUSD experienced notable gains, peaking near key November highs between 1.1008 and 1.1016, with a high of 1.10087. However, the market sentiment is shifting, and a bearish trend is anticipated for today. This expected...

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1. EUR/USD Exhausting Bullish Trend: This part suggests that the upward movement (bullish trend) of the Euro against the US Dollar in the Forex market is losing momentum. 2. Likely to Move Downwards: It indicates a prediction or expectation that the EUR/USD currency pair will start to decrease in value, meaning the Euro will weaken compared to the Dollar. ...

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Today, AUDUSD has continued its upward trajectory, showcasing a strong bullish trend. The primary factor contributing to this rise appears to be the weakening of the USD Index, which has failed to maintain its demand. This decrease in the strength of the USD has played a significant role in propelling the AUDUSD pair higher, as investors shift their focus towards...

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I anticipate that the upcoming EUR/USD data will lead to a rise in the pair's price, signaling a bullish trend. Despite the losses experienced from the beginning of the week, there is a general expectation that the market will recover most of these losses by Friday evening, especially in light of the positive news expected to be released.

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The EUR/USD pair appears to be pulling back to its previous high. This is likely because the EUR/USD experienced a significant bullish trend yesterday following the release of inflation data. Today, it has slightly declined from that high, but it still looks more likely that the pair will continue its uptrend from the current lower high.

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The EUR/USD pair, when examined on the 15-minute chart, suggests a bearish outlook. The currency pair has lost its bullish momentum from the previous day and has begun a downward trajectory. Presently, the price has breached the support level I have delineated on the chart, reinforcing expectations for a continued downtrend.

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The EUR/USD trend appears to be in a ranging market between its current support and resistance levels, as marked on the chart. Additionally, I have outlined a triangle shape formed by connecting the high and low points, indicating the potential for a significant move either upward or downward. I anticipate this movement to occur after the release of the US...

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My previous prediction regarding the upward movement of EUR/USD has proven to be accurate, and today I anticipate the bullish trend to persist, indicating a favorable market condition. According to my specialized strategy system, Smart Price Action, the current optimal decision is to initiate a Buy position with a carefully determined stop-loss (SL) in place.

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The 15-minute chart for gold suggests a bearish outlook, and I'm skeptical about gold's ability to recover its losses from last week. The current momentum doesn't seem strong enough for a sustained rally, and there's a likelihood of prices continuing to decline.

ClearTradingMind Updated 

Today, I anticipate a potential recovery in EUR/USD, aiming to regain last week's losses as reflected in the attached chart. My speculative position is indicated on the chart above. I have set my stop-loss (SL) below the support line for risk management.