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Technical Analysis 
Technical Analysis 11 January 2024

Technical Analysis 11 January 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)

First scenario:  a rise towards 1.1020 level price holds above 1.0970

Second scenario: a fall towards 1.0940 if 1 Hr candle closes below 1.0970

(GBP/USD)

First scenario: a rise towards 1.2810 level if price holds above 1.2750

Second scenario: a fall towards 1.2700 if 1 Hr candle closes below 1.2750

Gold (Xau/Usd)

First scenario: a rise towards 2050.00 if 1 Hr candle closes above 2035.00

Second scenario: a retest at 2020.00 if price holds below 2035.00

(US30)

First scenario: a rise towards 38100.00 if 1 Hr candle closes above 37800.00

Second scenario: a fall towards 37400.00 if price holds below 37800.00

(Us oil) 

   First scenario: a retest at 70.00 if price holds below 72.40

Second scenario: a rise towards 74.00 if 1 Hr candle closes above 72.40

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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