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14.03.2023 07:36 AM
DAX, D1 | Trend line breakout

Price has broken an ascending trend line suggesting we might see a big bearish move. There's also a strong bearish divergence vs Stochastic lending more confidence to our bearish call. However, there is a big overlap support at 14877 which is also a 23.6% Fibonacci retracement that needs to be broken to trigger a drop.

Take note that there is a strong Ichimoku cloud that price needs to cross below too to trigger the big drop.

USDCHF, H4 | Rally to 1st resistance??
The USD/CHF chart displays a bullish momentum, indicating an upward trend. The price being above the bullish Ichimoku cloud and a major ascending trend line contributes to this positive sentiment. Given the bullish momentum, there is a possibility of a bullish bounce from the first support level t.
作者: Dean Leo
01:32 2023-06-01 UTC--4
1480
GBPUSD , H4 | React off Resistance?
The GBP/USD chart currently shows a bearish momentum, suggesting a downward trend. There is a possibility of a bearish reaction from the first resistance level, leading to a decline towards the first support level. The 1.2376 level is a significant support area, previously attracting buyers. The se.
作者: Dean Leo
01:30 2023-06-01 UTC--4
1270
EUR/USD , H4 | Falling to 1st support?
The EUR/USD chart shows a bearish momentum as the price remains below a major descending trend line and the bearish Ichimoku cloud. This indicates a presence of bearish pressure in the market. There is a likelihood of a bearish reaction at the first resistance level, which could lead to a decline t.
作者: Dean Leo
01:28 2023-06-01 UTC--4
1360
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