


tradeforex-network
PremiumAUD/CAD has broken its structure and is now retracing to the golden pocket of the Fibonacci level, forming a lower high. A sell at the current market price is recommended.
GBP/USD is running in a parallel channel. After a price correction, it is now at the lower trend line and its major daily support level. A bullish divergence is a significant indicator, suggesting a potential upward movement in price. A buy is recommended upon the breakout of the lower high for confirmation of a trend reversal.
AUD/CAD is currently in a bullish trend, with the price pulling back to test trend line support while also aligning with the golden pocket on the Fibonacci retracement.
EUR/GBP is at its major weekly support, with bullish divergence indicating potential upward momentum. A buy position is planned above the previous lower high for confirmation of a trend reversal.
AUD/USD is facing resistance at the current price level, with bearish divergence indicating a potential bearish trend. A sell position is planned on the breakout of the higher low for confirmation.
NZD/CAD has broken its higher low, and the bearish divergence suggests a potential bearish reversal.
GBP/USD is currently moving within a parallel channel and is at the trend line resistance. Bearish divergence is signaling a potential downside move. A sell position is planned, pending confirmation through a breakout of the most recent higher high.
The US100 is at a major resistance level, accompanied by bearish divergence, signaling a potential downside movement. A sell opportunity could be confirmed with a breakout below the most recent higher low.
EUR/CAD is approaching strong horizontal resistance, accompanied by bearish divergence. I plan to sell on the breakout of the last higher high for confirmation.
EUR/JPY is at a major support level, where a bullish divergence has formed. The last lower low has been broken, indicating a possible trend reversal from this area.
The GBPAUD has formed a double top pattern accompanied by bearish divergence. It has subsequently broken below the neckline of this pattern, indicating a bearish trend. A trade opportunity is being considered on the retest of the neckline, as this retest could confirm the continuation of the downtrend.
The CAD/CHF is near its local support area and is showing a bullish divergence, suggesting potential bullish momentum from this level. Consider buying above the previous lower high for confirmation.
There is a bullish divergence on the NZD/JPY, which indicates a possible trend reversal. Consider buying above the previous lower high for confirmation.
The EUR/USD is facing resistance at a strong bearish trend line. Additionally, a bearish divergence suggests a continuation of the downward trend. Consider selling on a breakout below the previous higher high for confirmation.
USD/CHF is near a major support area, with bullish divergence signaling a potential trend reversal. A breakout above the previous lower high would confirm a buy opportunity.
GBP/JPY is facing rejection at a bearish trendline, but there's bullish divergence and a breakout above the lower high, indicating a potential trend reversal.
AUD/NZD is currently approaching a major support zone, where a bounce is anticipated. The presence of bullish divergence suggests a potential rebound from this area. A buy signal could be confirmed by a breakout above the previous higher low.
GBP/USD has broken its last higher low, and the presence of bearish divergence suggests a possible trend reversal at this point. Consider placing a sell limit order for a discounted entry.