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24.03.2023 07:07 AM
USDJPY, H4 | Strong descending trendline ?

The USD/JPY pair currently has a weak momentum with low confidence due to its position below a major descending trend line, indicating possible bearish momentum. Breaking off from the first support at 130.39 could lead to a potential drop to the second support level at 128.10, which is a multi-swing low support level. On the resistance side, there are two overlap resistance levels at 132.81 and 134.55. However, due to the weak momentum and low confidence, it's challenging to predict whether the price will break above or below these levels.

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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