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31 % forex 31 % cryptocurrency 15 % indices 23 % other
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GBPUSD 23% | 3 XAUUSD 23% | 3 DXY 15% | 2 SYSUSDT 8% | 1
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Gold Breaks Downward Trend Line,Potential for Reaching 1970
XAUUSD
, 240Long
XAUUSD: Gold Breaks Downward Trend Line,Potential for Reaching 1970
Updated 

This week, gold has broken its downward trend line, indicating a potential strong upward movement ahead. The possible targets for this week could be 1945, 1955, 1980, and 2000. Gold support levels: 1899-1905, Gold resistance levels: 1924-1931, 1935.7, 1945, 1977-1987 However, we should also consider the current situation of the ongoing conflict between Palestine...

DXY Downward Trend with Target Levels at 105.5, 104.5
DXY
, 720Short
DXY: DXY Downward Trend with Target Levels at 105.5, 104.5
Updated 

The US dollar index may decline again to 105.500. However, before it drops, it could have another upward movement (Towards the red zone), and then continue its downward trend towards our target levels. Our targets are: 105.5, 104.5, and 103.5.

Gold Could See Upward Movement Towards 1860 This Week
XAUUSD
, 720Long
XAUUSD: Gold Could See Upward Movement Towards 1860 This Week
Updated 

This week, there are several factors that could contribute to gold's potential upward movement towards 1860. The ongoing conflict between Israel and Palestine could have a positive impact on gold. Gold currently has resistance levels at 1836-1844, and if these are broken, it could reach targets of 1860 and 1864. Its support levels are currently at 1804-1814, and...

Dollar index may start a downward movement
DXY
, 720Short
DXY: Dollar index may start a downward movement
Updated 

The dollar index has reached a significant resistance level and the RSI indicator suggests overbuying. There is a possibility that it may start a downward movement towards 105.5.

Ethereum's Year-Long Uptrend Broken
ETHUSDT
, 1DShort
ETHUSDT: Ethereum's Year-Long Uptrend Broken

The year-long uptrend of Ethereum has been broken. It is anticipated that the $1070 support level from 2020 may be tested once again.

GBPUSD Breaks Bearish Trendline
GBPUSD
, 240Long
GBPUSD: GBPUSD Breaks Bearish Trendline
Updated 

The GBPUSD has reached our target and broken its bearish trendline. After a retracement, it may continue to go up towards targets of 1.22710-1.2452.

Potential Bullish Movement in SYSUSDT
SYSUSDT
, 1D
SYSUSDT: Potential Bullish Movement in SYSUSDT

SYSUSDT has been in a long-term downtrend, but recently it has been attempting to break out of this trend. If the downtrend line is broken, we could potentially see a strong upward movement.

TONUSDT Breaks Downtrend
TONUSDT
, 240Long
TONUSDT: TONUSDT Breaks Downtrend

TONUSDT has broken its downtrend, indicating a potential upward movement. The current targets are at 2.2866 - 2.3146.

GBPUSD Potential for Upside Movement
GBPUSD
, 240Long
GBPUSD: GBPUSD Potential for Upside Movement
Updated 

Based on current support levels and oversold selling indicated by the RSI, GBPUSD may be poised for a bullish move.

USDJPY Breaks Upward Trend, Potential for Downtrend
USDJPY
, 240Short
USDJPY: USDJPY Breaks Upward Trend, Potential for Downtrend

The USDJPY has broken its upward trend and may continue to move downward towards 147.500

Dogecoin breaks downtrend and enters demand zone
DOGEUSDT
, 1DLong
DOGEUSDT: Dogecoin breaks downtrend and enters demand zone

In the daily timeframe, Dogecoin has broken its downtrend by reaching a horizontal support level and is now located in a demand zone. The momentum is positive, suggesting a potential upward movement. Expectations are for a bullish wave.

Possibility for Gold to Return to 1945 Levels
XAUUSD
, 720Long
XAUUSD: Possibility for Gold to Return to 1945 Levels

In the 12-hour timeframe, gold is currently near its important support levels of 1907-1909. There is a possibility for the price to bounce back and start an upward trend within this range. Considering the fact that the dollar is also expected to begin its downward trend, this could be a confirmation for the end of the gold's downward trend.

GBPUSD 1H
GBPUSD
, 60
GBPUSD: GBPUSD 1H
Updated 

We can enter long position if the trend line breaks. Wait for the confirmation of the breakout.

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