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Technical Analysis 
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Technical Analysis 10 OCT 2024

Technical Analysis 10 OCT 2024

How Does it Work:
A likely scenario is proposed for today, and the probability of achieving this scenario according to technical analysis may be between 60% and 75%, but if the first scenario fails, here the probability of achieving the second scenario becomes between 60% and 75%.
The preferred scenario fails when the price reaches the level of the alternative scenario condition, and immediately gets triggered and cancels the prediction in the preferred scenario.
These reports are not considered a substitute for the trader's decision, but rather an aid to the follower in making his own decisions, as a reference based on the origin of classic technical analysis.

(Eur/Usd) 

Bullish trend

First scenario:  a rise towards 1.1050 level if price holds above 1.0950

Second scenario: a fall towards 1.0860 if 4-H candle closes below 1.0950

(GBPUSD)

Bullish trend

First scenario: a rise towards 1.3130 level if price holds above 1.3050        

     Second scenario: a fall towards 1.2970 if 4- Hr candle closes below 1.3050

Gold (Xau/Usd) 

Bullish trend

First scenario: a rise towards 2630.00 if price holds above 2605.00

Second scenario: a fall towards 2565.00 level if 1-Hr candle closes below 2605.00

(US30)

Bullish trend

First scenario: a rise towards 42,900 if price holds above 42,630

Second scenario: a fall towards 42,200 level if 1-Hr candle closes below 42,630

(Us oil)

Bearish trend

                         First scenario: a fall at 70.00 if 4-H candle closes below 74.50

Second scenario: a rise towards 77.00 if price holds above 74.50

Notice :
The analyzes and opinions contained in this report are not binding and are not considered recommendations to sell or buy, and the company is not responsible for the decisions and choices of the investor, and the aim of this report is to publish general information through technical analysis.

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EURUSD1.2184 1.2186

GBPUSD1.4167 1.4169

USDJPY109.35 109.38

USDCAD1.2101 1.2103

 
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