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💡 Forecast for #EURGBP 🇪🇺🇬🇧
EURGBP -> preparation for correction
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EURGBP is in a descending channel between the trend lines.
The chart maintains a downward structure, but RSI is already indicating oversold on the 4H Timeframe.
The price has already reached the support level, the lower channel boundary and the lower trendline.
We expect a correction from the support.
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💡 Forecast for #EURGBP 🇪🇺🇬🇧
EURGBP -> decline in the channel
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EURGBP is in a descending channel between the trend lines.
The price is moving from the upper boundary of the channel and dynamic resistance.
The chart maintains the descending structure.
We expect the price to continue its decline.
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🏆 Forecast for #GOLD
GOLD -> correction from the channel boundary
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GOLD is in a descending channel between trend lines.
The chart has formed a harmonic pattern.
The price has already reached the dynamic resistance and 62% retracement level and is now moving towards the upper boundary of the channel.
We expect a correction from the channel boundary.
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💡 Forecast for #USDJPY 🇺🇸🇯🇵
USDJPY -> rebound from the retracement level
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USDJPY is above the descending channel between the trend lines.
The chart has formed a harmonic pattern.
The price has already reached the dynamic support level, which previously acted as a rebound point, and is now above the 62% retracement level.
We expect the price to rebound.
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💡 Forecast for #EURUSD 🇪🇺🇺🇸
EURUSD -> an attempted channel breakout
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EURUSD is in a descending channel.
The chart has formed a pattern AB=CD, reaching the lower boundary of the channel.
The price bounced sharply from the channel boundary and now continues to hold above the support level.
We expect a breakout of the channel and further growth.
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🏆 Update for #GOLD
GOLD -> accumulation zone
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GOLD is in an ascending channel between the trend lines.
The chart is moving in the range between the trend lines.
The price has already reached the lower boundary of the channel and dynamic support.
We expect the price to rise after consolidation above the dynamic resistance.
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💡 Forecast for #DXY 🇺🇸
DXY -> rebound in the channel
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DXY is in a descending channel between trend lines.
Price has already reached the lower boundary of the channel and dynamic support, which has already acted as a rebound point and is now holding above the 50% retracement level.
The chart has formed a harmonic pattern.
We expect the rebound to continue.
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🏆 Forecast for #GOLD
GOLD -> accumulation zone
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GOLD is in the accumulation zone, in an ascending channel below the trend lines.
The chart has reached the lower boundary of the channel and respects the limits of the current area.
The price is actively rising on a decline below the 38.2% retracement level.
We expect XAUUSD to grow.
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🏆 Forecast for #GOLD
GOLD -> pullback from resistance
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GOLD is moving in an ascending channel above the trend lines.
The chart has formed a harmonic pattern.
We expect a pullback to the support level coinciding with the 50% retracement level
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🏆 Forecast for #GOLD
GOLD -> exit from the descending channel
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GOLD is above the descending channel between the trend lines.
The price is moving from the support level, which previously acted as a rebound point and is now holding above the 38.2% retracement level.
The chart has left the accumulation zone and the descending channel.
We expect the growth to continue.
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💡 Forecast for #DXY 🇺🇸
DXY -> has reached a resistance level
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DXY is above the descending channel and trend lines.
The chart formed a harmonic pattern, and after it left the channel, broke the upper trend line and formed a rising top, which broke the descending structure.
Now the price is above the 50% retracement level of the bearish momentum.
We expect growth after consolidation above the nearest resistance level.
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💡 Forecast for #USDJPY 🇺🇸🇯🇵
USDJPY -> is preparing for a pullback
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USDJPY is in a descending channel between the trend lines.
The chart has broken the descending structure.
The price is moving from the dynamic support and now approached the dynamic resistance.
We expect a pullback after a retest of the upper trend line.
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🏆 Update for #GOLD
GOLD -> bullish takeover
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GOLD has returned to the ascending channel and is now under the trend lines.
The chart has left the accumulation zone.
The price is above the 38.2% retracement level.
We expect XAUUSD growth to continue.
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🏆 Forecast for #GOLD
GOLD -> bullish takeover
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GOLD is in an ascending channel between the trend lines.
The chart has already reached the lower boundary of the channel and tested the support.
The price is holding above the 50% retracement level after forming a bullish takeover on the support retest.
We expect XAUUSD to rise.
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💡 Forecast for #DXY 🇺🇸
DXY -> testing of the support
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DXY is in a descending channel between trend lines.
The chart is forming a descending structure.
The price has already reached the upper boundary of the channel and is now testing the support level and the lower trend line.
We expect the decline to continue after consolidation under the dynamic support level.
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💡 Forecast for #EURUSD 🇪🇺🇺🇸
EURUSD -> reduction in the channel
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EURUSD is in a descending channel between trend lines.
The price has already reached the channel boundary, the upper trend line and the resistance level, which used to be a pullback point.
The chart is under the 62% retracement level.
We expect a decline in the channel.
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💡 Forecast for #EURGBP 🇪🇺🇬🇧
EURGBP -> retest of the support level
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EURGBP is under a descending channel between the trend lines.
The chart has reached the support level and the lower trend line and then finished forming a harmonic pattern.
Now the price is holding above the support level and is near the lower boundary of the channel.
We expect a rebound after support retest and consolidation in the channel.
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