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#USDCHF: Bullish Outlook Explained
Last week, the πUSDCHF price reached a significant ascending trend line on the 4-hour chart.
Despite the market consolidating within a horizontal range for a while, the contact with the trend line propelled the pair upward.
The market subsequently broke and closed above the range's resistance.
I anticipate that the pair will continue to rise, reaching at least 0.7997.
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βοΈ XAGUSD Bullish Forecast
βοΈ CHFJPY Bullish Forecast
βοΈ USDJPY Bearish Forecast
βοΈ GBPCHF Bearish Forecast
βοΈ USDJPY Bearish Forecast
βοΈ USDCAD Bearish Forecast
βοΈ USDJPY Bullish Forecast
βοΈ XAUUSD Bullish Forecast
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Just a reminder that today is the official banking holiday in the US for Independence Day πΊπΈ.
I'm taking the day off and will be back on Monday! π±
#USDJPY successfully reached our target after the news today!π
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#CHFJPY Buy Signal +140 pips Made π°
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Remember that US banks will close early today due to Independence Day, which may lead to wider spreads and decreased volatility.βοΈ
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Great winner caught with my VIP Signals Premium Members βοΈ
#USDJPY Buy Signal +90 pips Made π°
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US CRUDE OIL (#WTI): Bullish Move From Support
USOIL appears to be bullish following a consolidation at a significant daily support level.
The emergence of a bullish imbalance candle reinforces this positive outlook.
I anticipate the price will rise to at least 68.00, potentially reaching 69.00.
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Daily/Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
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Great winner caught with my VIP Signals Premium Members βοΈ
#XAUUSD Buy Signal +180 pips Made π°
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Great winner caught with my VIP Signals Premium Members βοΈ
#SILVER Buy Signal +80 pips Made π°
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DOLLAR INDEX (#DXY): Bearish Move After Breakout
The Dollar Index has surpassed and closed below a key daily/intraday support level.
After retesting this level, the price rebounded and breached a resistance line of a rising wedge pattern, suggesting a strong likelihood of a continued bearish trend.
It is highly probable that the price will soon reach the 96.43 level.
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
#USDJPY: Pullback From Support
I believe that πUSDJPY could bounce up from the highlighted intraday support.
I see 2 bullish breakout confirmations:
bullish breakouts of a neckline of a cup and handle pattern and a resistance line of a falling wedge pattern.
Goal - 144.67
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4-Hour time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
GOLD (#XAUUSD): Classic Trend-Following Pattern
Gold closed on Tuesday, forming a bullish flag pattern on an hourly chart, indicating a market correction following a strong upward wave.
A breakout above the resistance line with a candle close will likely signal a continuation of the trend, with a high probability of the price rising to at least a new higher high.
However, keep in mind that the price may respect the trend line multiple times and corrections could be prolonged, which is why we depend on a reliable breakout as a trigger.
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Hourly time frame
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My broker π
https://one.exnesstrack.org/a/u0exuwlj08
