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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.

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USDJPY, H4| Falling to 1st support?r?
The USD/JPY is currently showing a bearish trend. In the near term, the price could potentially continue to fall towards the first support level at 137.75, known as an overlap support. There's also a second support level at 136.25. Conversely, resistance levels are set at 139.40, which aligns with.
Penulis: Dean Leo
01:35 2023-05-26 UTC--4
1525
XAUUSD, H4 | Potential react off resistance?
The XAU/USD (Gold) is currently displaying bullish momentum with potential for a rise from the first support level at 1937.30 towards the first resistance at 1952.59. Two key support levels are identified as 1937.30 and 1913.98, both serving as overlap support. The resistance levels are at 1952.59,.
Penulis: Dean Leo
01:31 2023-05-26 UTC--4
1675
USDCHF, H4 | Bullish Divergence Expected?
The USD/CHF pair is currently in a bearish trend but is above a key upward trend line, indicating possible future bullish momentum. Near-term predictions anticipate a further drop to the first support level at 0.9005 before potentially bouncing back towards the first resistance. This support level.
Penulis: Dean Leo
01:26 2023-05-26 UTC--4
1465
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