The Ace Trading (Free Forex Signals)

SILVER (#XAGUSD): Bullish Reversal Confirmed It appears that 📈SILVER may be poised for a bullish correctional movement. The price has formed a symmetrical triangle and has violated its resistance line. It seems plausible that the market could readily reach the 51.60 level in the near future. ————————— Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

US DOLLAR INDEX (#DXY): Bullish Movement Confirmed?! Following a recent bearish movement, the 📈DXY has corrected to a previously breached key structural level. I have identified two significant bullish confirmations after this test: the price has violated the neckline of a double bottom pattern and the resistance line of a falling parallel channel pattern. Both breakouts suggest a high probability of a bullish trend resumption. The market will probably continue its upward trajectory and reach the 99.70 level in the near term.

ETHEREUM(ETHUSD): Consolidation – The Silence of Volatility Even though ⚠️ETHEREUM is trading in a bearish trend since October, 📉 The pair has been in a deep consolidation, since the last 3 days 🗓️ The price is currently testing a strong horizontal support level where the price is consolidating. ↔️ Because the trend is strongly bearish, chances will be high to see a further bearish continuation. 🐻 Your reliable confirmation will be a breakout and a 4H candle close below the underlined support. 🕯️ The next goal for the sellers will be 2840 🎯 Alternatively, the market may continue consolidating and trading within the range. 🔄

Wow, not a good day for crypto market! 😮📉💸

The US Consumer Price Index (CPI) will be released in 25 minutes, traders. Please anticipate high volatility.

#CADJPY: Multiple Time Frame Analysis & Plan Following a breakthrough of a significant daily structural resistance yesterday. 📈CADJPY is currently consolidating within a horizontal range on an hourly timeframe. For those seeking an intraday buying opportunity, a bullish breach of the range's resistance, specifically an hourly candle closing above 110.65, would provide a strong bullish confirmation. A subsequent bullish continuation would then be anticipated, at least to the 111.00 level. ————————— Daily/Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#NZDUSD: Move UP is Expected! The NZDUSD price formed an inverted head and shoulders pattern and violated its neckline after the London session opening on a 4H time frame. With a high probability, the price will continue rising and reach the 0.5667 level soon. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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#GBPCHF: Bearish Trend Continues GBPCHF is currently experiencing a significant bearish trend. After setting a new low, the market started to consolidate within a narrow parallel channel on the 4-hour chart. The violation of its resistance level indicates a continuation of this downward movement. I anticipate a further drop to 1.0440. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

US CRUDE OIL (#WTI): Classic Trend-Following Setup I spotted a very classic bullish model on 📈USOIL. Following a strong bullish wave, the market started to correct within a bullish flag pattern. The resistance breakout of this pattern consistently provides a reliable confirmation to consider a buy. I anticipate a rise to 62.50 at this time. ————————— Daily time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPCAD: Bearish Continuation Confirmed It is highly probable that 📈GBPCAD will continue its downward trend from the established intraday support level. Further confirmation of this outlook is provided by the formation of a cup and handle pattern, accompanied by a breakout from its neckline. Our target is set at 1.8350. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#USDJPY: One the Edge - Momentum Builds Toward 155.00 The USDJPY pair successfully broke and closed above a significant horizontal daily resistance level last week. Following this breakout, the market retested the broken structure and subsequently started to consolidate. This indicates the formation of a horizontal trading range on a 4-hour timeframe. For a confirmed long entry, I am awaiting a bullish breakout, specifically a candle close above the resistance level of this range. This would provide a strong intraday signal. A bullish continuation would then be anticipated, with an initial target of at least the 155.00 level. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPUSD: Bullish Reversal Confirmed?! 📈GBPUSD formed an inverted head and shoulders pattern on the 4-hour timeframe. The breakout above its neckline serves as a strong bullish reversal signal. The broken neckline of this pattern is now expected to act as a significant support level. We anticipate a subsequent upward movement from this point, targeting at least the 1.3216 resistance level. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

BITCOIN (#BTCUSD): Consolidates—Breakout or Breakdown Ahead? Bitcoin is currently consolidating following a significant bearish rally. The price is coiling within a horizontal trading range on a 4-hour timeframe. Based on the price's reaction to these boundaries, two potential scenarios are anticipated: Bullish Scenario: Should the price break and close above 104,640 on a 4-hour timeframe, a bullish trend continuation is expected. The target for this scenario is 108,000. Bearish Scenario: Conversely, if the price drops and closes below 98,780 on the 4-hour timeframe, a bearish movement is anticipated. The objective for this scenario is 96,000. Given the current oversold market conditions, a bullish bias is held. However, further observation is warranted to confirm the market's direction. What are your expectations? 👍 - I am bullish 👎 - I am bearish

#USDJPY: Another Trend Line Based Opportunity The USDJPY pair may continue to ascend following a test of a robust support cluster, which consists of a horizontal range and a rising trend line on the daily chart. Subsequent to the test of this support cluster, we observed a positive bullish reaction, accompanied by a bullish Change of Character on a 4-hour timeframe, indicating significant buying interest Our target is 155.00.

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#EURCAD: Technical Outlook 📈EURCAD formed a significant inverted head and shoulders pattern on a 4-hour timeframe. The neckline for this pattern is identified between 1.6226 and 1.6210. Should the price successfully break and close above this neckline, it would indicate a strong bullish signal. In such a scenario, the market could potentially advance towards the 1.6560 level. Please note that the neckline currently acts as a robust demand area. Shorting opportunities should only be considered after a confirmed breakout of this level. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#EURAUD: Local Bullish Reversal?! I spotted a notable bullish reaction to a significant daily/intraday horizontal support level on 📈EURAUD. Following a test of the highlighted blue area, the price started to consolidate, forming a horizontal range on the 4-hour timeframe. The resistance of this range is broken which we interpret as a significant indication of buyer strength. We can now anticipate a bearish continuation, at least towards the 1.7800 level. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#CHFJPY went exactly as predicted

BITCOIN (#BTCUSD): Can 100K Support Hold Strong? A Pullback in Sight Bitcoin may experience a rebound from a significant daily historical support level. Following its test, the price formed a double bottom pattern on an hourly timeframe and has successfully broken above its neckline. I anticipate a bullish movement towards 104,000.