Forex free signals xauusd,eurusd

( **): Important Supports & Resistances for Next Week** 🥇

Here is my latest structure analysis and key support & resistance levels for ⚠️ Gold:

🔴 Resistances:
📍 R1: 2916 - 2932
📍 R2: 2952 - 2956
📍 R3: 2998 - 3002

🟢 Supports:
📍 S1: 2832 - 2855
📍 S2: 2772 - 2786
📍 S3: 2714 - 2740

🔥 Consider these zones for potential pullbacks or breakouts! Stay alert and trade wisely. 📊💰

Bitcoin recently broke through the $90K mark but is now showing signs of a bearish market structure. A deeper correction is underway, which I believe is a healthy and logical move for the market. 📊

🌐 Why This Matters:

Markets solely driven by buying without corrections (like a HYIP) can lead to instability.
A correction or even a trend reversal could rejuvenate the market.
Lack of active crypto support from the US, exchange hacks, scam coins, and BTC dominance are putting pressure on altcoins.
📈 What to Watch:

Resistance Levels: 88,150, 90,700
Support Levels: 75K, 73,570, 66,830
📉 We might see a small move up to resistance at 88.1-90.7K, but without strong drivers or support, BTC could drop to the 75-73.5K zone, offering potential opportunities for fundamentally strong altcoins. 💹

💬 What’s your strategy in this market? Share your thoughts below!










#

Hello guys, I'm back to give you perfect and accurate analysis.

📈 Ready to take your forex trading to the next level? Welcome to our forex trading community! Whether you're a seasoned trader or just starting out, our page is your go-to destination for insights, analysis, and tips to help you navigate the forex market with confidence. Join us as we discuss strategies, share trade setups, and stay updated on market trends. Let's grow together and make every trade count! 💹

Identifying a Doji candle involves examining its visual characteristics on a price chart. Look for the following key features:

1. **Small Body:** A Doji has a small or almost nonexistent body, where the opening and closing prices are very close or even identical.

2. **Long Upper and Lower Wicks:** The upper and lower wicks or shadows of the candlestick are typically longer, indicating that there was significant price movement both higher and lower during the trading period.

3. **Equal or Nearly Equal Opening and Closing Prices:** The opening and closing prices should be very close to each other, creating a thin line for the body or, in some cases, a complete overlap.

When analyzing a chart, keep an eye out for candles meeting these criteria. Doji candles often signal indecision in the market, suggesting a potential reversal or a shift in market sentiment. However, it's essential to consider the context of the Doji within the broader trend and use it in conjunction with other technical indicators for more reliable signals.

/ Update 21-07-23

GOLD is weakening while the dollar is starting to strengthen. The only fundamental factor affecting this is inflation, which the FOMC is maintning.

XAUUSD is breaking uptrend support and forming a retest of flat support at 1959. There is a key liquidity zone below this boundary that could become interesting for the market, and price is likely to enter this zone on the backdrop of what is happening.
If the price fails to reach this mark on a retest of 1959, a rebound will begin to form, which could reach one of the key areas of resistance before a further (possible) fall as part of a counter-trend correction.
On D1, price is forming a false resistance breakout and on H1, an H&S is forming which hints at a possible decline. Within the flat market, 1935 level may be interesting (but it is not accurate).
MA-50 is resistance and MA-200 is support, which may be tested in the near future

Resistance levels: 1965, 0.236, 0.382 Fibo
Support levels: 1959,8

/ Update 20-07-23

is testing the resistance 1987.5, which indicates a high potential and a strong trend.

The price is forming a correction after the impulse. In this zone we have the level of 1981. The price is testing the support and if the market can hold this area, the price will head towards 1993.
A false breakdown scenario is possible and in this case the price will go to the support of 1970 before further growth.

In the future, after fixing the price above 1981.7, such targets as 1993 and 2000.

Support levels: 1978, 1970
Resistance levels: 1981.7
Next Target 1993,2000
➖ ➖ ➖ ➖ ➖