Adhamcurrency
💡The chart shows a technical analysis of the GBP/USD pair on the 4-hour timeframe. Rising Wedge Pattern: There is a clear shape of a rising wedge pattern, a reversal pattern where the price is within a narrow, upward-sloping channel. Typically, a break of this pattern downward indicates a reversal from bullish to bearish. The MACD indicator shows that momentum is...
💡The chart shows a technical analysis of the NZDUSD currency pair on the four-hour timeframe. Liquidity and Trend Change: The chart shows a Liquidity Sweep at the bottom, indicating liquidity was accumulated before the price reversed upwards. There is a symmetrical triangle pattern, and the price managed to break through it to the upside. The MACD indicator is...
💡The chart shows a technical analysis of the GBPJPY currency pair on the 4-hour timeframe. The price is moving within an ascending channel. There are repeated bounces from the upper channel line, as shown, indicating strong resistance at these levels. The price reached the upper channel line and rebounded, indicating strong selling pressure at this level. There is...
💡The chart shows a technical analysis of the AUDJPY currency pair on the 4H frame. The price broke the previous swing low and gathered liquidity, a common behavior before a reversal. Emerging Bullish Momentum: After gathering liquidity, the price rose and broke through a previous resistance area, indicating the market's intention to move upward. The green shaded...
💡The chart shows technical analysis of the USDCHF currency pair On the daily time frame D1. Rising channel:⬆️ The price was moving within an ascending channel ✨Channel break: The price broke the bottom line of the channel, which may indicate a trend change to down. If the price continues below the channel, it may head to one of the identified support areas. If the...
💡The chart shows a technical analysis of GOLD on the daily time frame D1. General trend: The drawing shows an upward trend after the price rebounds from support levels (S1, S2, S3). Support and resistance levels: Support (S1, S2, S3): Strong areas to buy. Resistance (Swing High and R.1): Levels to monitor the possibility of a price reversal. Buying strategy:⬆️...
💡The chart shows a technical analysis of the AUD/CAD currency pair On the daily time frame D1. The price appears to be moving within a descending price channel The price reached the upper border of the descending channel and started to decline, which may indicate a continuation of the downtrend unless the channel breaks higher. The MACD indicator is showing the...
💡The chart shows technical analysis of the GBP/USD currency pair On the daily time frame D1. The chart shows the presence of a descending channel that prices have been moving within for a while. (Descending Channel) Broken Channel Prices have broken through the bearish channel to the top, indicating a possible trend change from bearish to bullish. The green shaded...
💡The chart shows technical analysis of the USD/JPY currency pair on the H4 time frame. Broken Structure: After several tests of the support area, the price clearly broke the structure and support. This indicates a change in trend and possibly the beginning of a downtrend. After breaking the support area, the price may move down. A retest of the broken area can...
The analysis indicates the formation of a “falling wedge” pattern on the daily chart of the EUR/USD pair. This type of pattern is usually considered a bullish reversal pattern, where the price is expected to break the upper trend line of the pattern and head higher.
💡Gold technical analysis, daily time frame D1. The price is moving within a descending channel, and is expected to test one of the main areas: either the supply area (for resistance) or the demand area (for support). If the price breaks the channel upward, it may be a signal to change the trend to the upside. The MACD indicator shows that there is currently...
💡The chart shows technical analysis of the AUD/JPY currency pair on the daily time frame (D1). The price made a strong downward movement (Bearish Impulse) and broke a recent structural level. The analysis indicates a bearish scenario with the search for an entry point after the correction is completed and the downward movement continues. MACD reflects the decline...
💡The chart shows technical analysis of the EUR/USD currency pair on the daily time frame (D1). The analysis indicates a possible reversal of the EUR/USD trend from bearish to bullish based on the falling wedge pattern. The MACD indicator is showing divergence that supports a weakening of the downtrend. It is advisable to wait for confirmation of an upward breakout...
💡The chart shows a technical analysis of GOLD on the time frame (4H). The price collected liquidity from the support area and broke the downward trend line. The price is currently forming a correction (pullback) and has the potential to continue rising. MACD Indicator: If the positive momentum continues, the price is likely to continue rising towards the R.1...
💡The chart shows technical analysis of the AUD/CHF currency pair on the daily time frame (D1). The analysis indicates that the market may be in a bullish reversal phase, but you must wait for confirmation of the breakout. Current signals (falling wedge and bullish engulfing candle) support the positive outlook, providing an opportunity to enter a buy trade if the...
💡The chart shows technical analysis of the USD/JPY currency pair on the daily time frame (D1). If the price remains within the liquidity zone, there may be an opportunity to sell with a target towards support levels (S1 or S2). If the price breaks the liquidity zone to the upside, it may head to the next resistance (R.1). MACD indicator: It indicates clear upward...
💡The chart shows technical analysis of the CAD/JPY currency pair on the daily time frame (D1). The trend is down unless the resistance (red area) is breached. The current resistance area (red color) enhances selling opportunities. The MACD indicator shows that the positive momentum (green) has declined after rising. ⛔️It is not investment advice for educational...
💡The chart shows technical analysis of the NZD/JPY currency pair on the daily time frame (D1). The price is moving within the Ascending Channel If the price continues to consolidate above the support (S.1), a rise towards the resistance levels (P.P) or the upper border of the channel (R.1) is expected. If the support is broken, we may see a pullback towards lower...