The Ace Trading (Free Forex Signals)

Hey, don't forget it's a bank holiday in the UK today. Things might stay pretty chill until the New York session kicks off!

GOLD (#XAUUSD): Detailed Technical Outlook For Next Week 🧈 What a crazy bullish move initiated on 📈Gold on Friday, Following the Federal Reserve Chair Jerome Powell's speech on Friday, It is anticipated that this positive momentum will persist into the upcoming week. Our primary resistance level is situated within the 3400-3409 range, which is expected to be tested. Furthermore, a potential retracement from this level is possible. Should a decline occur, a bearish correction towards the 3350 level is anticipated. I will continue to monitor the market and provide further updates. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPUSD: Key Resistance may Hold There is a strong probability of a retracement on 📉GBPUSD pair from the identified intraday resistance level on Monday. Confirmation of this assessment is derived from the observed double top pattern on the hourly timeframe, coupled with a bearish reaction prior to the market close during the New York session last Friday. Target objective: 1.3500.

#EURCHF: Strong Bearish Pattern The 📈EURCHF pair may experience further retracement from the identified daily resistance level. A confirmed breakout below the neckline of the head and shoulders pattern would strongly indicate a bearish trend. The nearest support level is situated at 0.9370. ————————— Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

US DOLLAR INDEX(#DXY): Important Breakout The Dollar Index has successfully surpassed a key daily resistance level. This level is now likely to function as robust support. Consequently, a bullish continuation is anticipated. The subsequent resistance level is projected at 98.97. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPNZD: Pullback From Resistance Confirmed GBPNZD looks pretty bearish on an hourly time frame It tested a key daily resistance, and then, the price broke the neckline of a descending triangle and closed below it. I think it might drop further. Target: 2.3000 ————————— Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#CHFJPY went as predicted

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#CHFJPY: Move Up Ahead?! The CHFJPY pair exhibits a strong bullish bias this morning. The price action has generated a high-momentum bullish hourly candle, successfully breaching a minor intraday resistance level. This movement confirms a Change of Character (CHoCH) pattern, suggesting a high probability of continued bullish momentum. Our projection anticipates the price reaching the 182.87 level. ————————— Hourly time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPUSD went as predicted

#CADCHF: Intraday Bearish Pattern 📉 CADCHF shows strong potential to keep declining. Following a significant bearish move, the pair has been consolidating in a horizontal range on the 4-hour chart. The support of this range was breached yesterday, signaling strong selling pressure and a likely continuation of the downtrend. I anticipate the pair could soon reach the 0.5810 level. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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GOLD (#XAUUSD): Intraday Bearish Setup We have observed two unusual breakouts in the price of Gold. We are aware, the market had been consolidating for approximately one week. During this consolidation, the price established both a triangle pattern and a horizontal range. We are now witnessing a breakout below both the support level of the range and the neckline of the triangle. This appears to confirm the current strength of the sellers in the market. The price may potentially decline to the 3293 level. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

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We hit our target on #EURAUD and it went up even more!

#GBPAUD: Consolidation is Over?! The 📈GBPAUD pair appears to have completed a consolidation phase within a broad horizontal parallel channel on an hourly chart. The recent formation of a higher high suggests potential upward movement. Confirmation of this trend requires the market to close above the identified resistance level, establishing a higher close. A buying opportunity may present itself following a pullback, with a target price of 2.0937. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#GBPUSD: Pullback From Resistance The 📉GBPUSD pair appears to be exhibiting bearish tendencies following a test of significant resistance levels on both the daily and intraday charts. Furthermore, an inverted cup and handle pattern has formed on a 4-hour timeframe, accompanied by substantial intraday bearish momentum this evening, which suggests a potential downward movement. I'm anticipating that the price may experience a retracement, potentially reaching the support level at 1.3466. ————————— Daily/4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

#EURAUD: Important Bullish Breakout 📈EURAUD has broke and closed above a significant intraday resistance level after a period of consolidation Upon retesting the breached resistance, a positive bullish response is observed. This suggests a potential for further upward movement in the market. The anticipated target is 1.8018. ————————— 4-hour time frame ————————— My broker 👇 https://one.exnesstrack.org/a/u0exuwlj08

US PPI and Continuing Jobless Claims data will be released in 10 minutes.⚠️