The Ace Trading (Free Forex Signals)

GOLD (#XAUUSD): Trend Following Trading It appears that the price of 📈GOLD has completed a correctional phase following a strong bullish trend. The price has shown good respect for a significant intraday horizontal support level, subsequently establishing a cup and handle pattern. The breakout above the neckline, accompanied by a strong imbalance candle, offers substantial confirmation of a bullish trend continuation. Therefore, an increase to 3770 - 3785 is anticipated. ————————— Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

Target was quickly reached!👍

GOLD (#XAUUSD): Time for Pullback!? Regarding the recent developments on the Gold market, a potential cup and handle pattern has been identified on the 4-hour timeframe. As per our established strategy, a definitive bearish signal will be confirmed upon a breakout below the pattern's neckline. whereas a 4-hour candle closing below 3750 would validate a significant bearish correction. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#EURJPY: Important Breakout The EURJPY pair has successfully broke and closed above a key daily/intraday resistance level, which is now highly likely to function as robust support. Consequently, a bullish trend continuation is anticipated. The subsequent resistance level is projected at 175.00. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#NZDCAD: Time to Recover?! NZDCAD approached an important daily horizontal structure support level. The subsequent test of this level halted the bearish momentum. Furthermore, the market formed an inverted head and shoulders pattern on the 4-hour timeframe, subsequently breaching its neckline, thereby providing a clear bullish signal. Consequently, a price rebound towards the 0.8131 level is anticipated.

#EURAUD: Confirmed Bearish Reversal?! 📉EURAUD appears to be providing significant bearish signals, Following a test of a strong daily horizontal resistance, I have observed both a double top and a rising parallel channel pattern. The price has broken below the horizontal neckline and a trend line, closing below both. I anticipate a continued bearish movement towards 1.7730. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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#NZDJPY: Bearish Continuation is Coming?! The NZD/JPY pair appears to be experiencing a long-term bearish trend. However, it has been consolidating within a horizontal range since the end of last week. Yesterday, the price experienced a sudden drop, closing below a support level within the range. This breach of support is likely to initiate a trend-following movement. The next level of support is anticipated to be around 86.13. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#USD/JPY: Pullback From Resistance The USD/JPY pair demonstrated a strong bearish response to the intraday resistance level, following the market opening. Furthermore, a potential double top pattern is discernible, accompanied by the appearance of a bearish engulfing candle. Consequently, a retracement towards the 147.19 level is anticipated. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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#NZDCAD: Pullback Trade for Today The NZDCAD pair formed an inverted head and shoulders pattern on a significant daily horizontal support level. The violation of its neckline suggests a local advantage for buyers. Therefore, it is conceivable that the pair could experience an upward movement, potentially reaching the 0.8115 level. ————————— Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#EURJPY: Bullish Rally Continues It appears that the EURJPY is anticipated to continue its upward trend, potentially reaching the 174.50 level. A confirmed break of structure on 4-hour chart suggests a strong presence of buyers. Given the lack of significant US news today, the market is expected to maintain a bullish sentiment. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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#NZDCAD: Massive Breakout The probability of a further decline in 📉NZDCAD is elevated. The breach of a key daily demand cluster provides strong bearish signals. The subsequent support level is projected at 0.8074. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPAUD: Strong Bearish Price Action After a test of a critical daily resistance cluster, two robust bearish confirmations are evident on 📈GBPAUD. The price violated the trend line of a rising channel and the neckline of a head & shoulders pattern with a single, strong bearish candle. Further downward movement is anticipated, potentially reaching the 2.0384 level in the near term. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

✔️#XAUUSD quickly reached the first target!

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GOLD (#XAUUSD): Confirmed Bearish Reversal?! Following a test of significant horizontal resistance, gold presents notable bearish signals, particularly influenced by the psychological level of $3700. Analysis reveals the formation of both a double top and a rising wedge pattern. The price has violated both the horizontal neckline and a trend line, closing below the two key levels. Consequently, a continued bearish reversal towards the targets of 3636 and 3620 is anticipated. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08