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11.01.202315:50 Forex Analyse & Reviews: Daily Video Analysis: XAUUSD, D1 Bearish Reversal Opportunity

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Today we take a look at XAUUSD. Combining advanced technical analysis methods such as Fibonacci confluence, correlation, market structure, oscillators and demand/supply zones, we identify high probability trading setups.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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USD/JPY H4 | Bearish Drop
USD/JPY indicates a potential for a bearish downturn, backed by significant technical levels: Resistance Levels: 1st resistance: 149.50, identified as "An Overlap resistance." This level suggests a significant barrier to upward movement. 2nd resistance: 150.79, supported by "Multi-swing high.
Author: Dean Leo
00:58 2024-03-07 UTC--5
2443
GBP/USD H4 | Bullish Breakout
GBP/USD shows potential for a bullish scenario, supported by key technical levels: Support Levels: 1st support: 1.2697, identified as "Pullback support." This level suggests a potential area where buying interest may emerge. 2nd support: 1.2665, characterized by "An Overlap support." It reinforces.
Author: Dean Leo
00:55 2024-03-07 UTC--5
2428
EUR/USD | Bullish Rise
EUR/USD presents the potential for a continuation of bullish momentum towards the 1st resistance level, as indicated by key support and resistance levels: Support Levels: 1st support: 1.0891, characterized as "Pullback support." This level suggests a potential area where buyers might step in,.
Author: Dean Leo
00:49 2024-03-07 UTC--5
2458
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