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20.03.2023 10:44 AM
EURUSD, Day | Potential reversel?
The EUR/USD pair has bullish momentum and may move towards the 1st resistance level. Pullback support at 1.0478, coinciding with the 38.20% Fibonacci retracement level, is currently supporting the price. If the price bounces from this support, it could reach the 1st resistance level at 1.1001, a significant swing high resistance level. An intermediate resistance level at 1.0787 may also contribute to stronger bullish momentum. An intermediate support level at 1.0345, which aligns with the 50% Fibonacci retracement level, exists on the downside, but the overall bias is bullish.
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Dean Leo,
Analytical expert of InstaForex
© 2007-2023
XAUUSD, H4 | React off resistance level?
The XAU/USD chart exhibits bearish momentum, indicating a downward price trend. The presence of a major descending trend line contributes to this momentum. The potential for a bearish continuation exists towards the first support level at 1937.01, which has previously acted as a support level. The.
Author: Dean Leo
01:18 2023-06-09 UTC--4
2245
EURUSD , H4 | Bullish continuation expected?
The EUR/USD chart displays bullish momentum, suggesting a positive bias in price movement. There is potential for further upward movement towards the first resistance at 1.0822, a significant level of overlap resistance accompanied by a 38.20% Fibonacci retracement. Pullbacks may find support at.
Author: Dean Leo
01:14 2023-06-09 UTC--4
1645
GBPUSD , H4 | Bearish Divergence ?
The GBP/USD chart shows a bearish momentum, but there is a major ascending trend line that suggests possible bullish momentum ahead. In the short term, the price may drop to the first support at 1.2467, which is a significant level with pullback support and Fibonacci retracement. The second support.
Author: Dean Leo
01:09 2023-06-09 UTC--4
1555
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