This chart is a 1-hour (1h) trading chart for the British Pound (GBP) against the U.S. Dollar (USD) on FXCM, published on TradingView. Here’s what it indicates:1. Key Price Levels:The
1. Resistance Area WeaknessThe resistance zone is marked as a strong rejection area, but there's a possibility that instead of reversing, price could break through. A break above could indicate
The gold market is poised for another imbalance sweep, targeting the daily demand zone at 2910. If this level holds, it could reinforce bullish momentum; if not, the market sentiment
Bitcoin's daily chart is showing signs of strength as price pushes toward the key resistance zone at 99,860, now testing both horizontal resistance and the 50-day moving average. A decisive
1. Resistance Break PossibilityThe analysis suggests a rejection at resistance (191.878) leading to a drop. However, price could break above resistance, triggering stop-loss orders and fueling a bullish rally.Instead of
USD/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.Sell entry is at 150.60 which is a pullback resistance that aligns with the
Price is respecting the purple zone that has been highlighted many times. It's been flipping from support to resistance on multiple occasions. It's currently resistance, and acting as a great
Sell after bearish candle stick pattern, buy after bullish candle stick pattern....Best bullish pattern , engulfing candle or green hammerBest bearish pattern , engulfing candle or red shooting starNOTE: IF
Gold is in a strong uptrend on the Daily chart, making higher highs and showing strong momentum. The RSI is above 70, indicating overbought conditions, but this is typical in
WTI oil (USOIL) is falling towards a pullback support and could potentially bounce off this level to climb higher.Buy entry is at 72.29 which is a pullback support that aligns