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Technical Analysis 
Technical Analysis 13 September 2023

Technical Analysis 13 September 2023

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.


Technical Analysis

Bullish Trend 

First scenario: fall towards 1.0670 - 1.0640 area if the price holds below 1.0800 

Second scenario: rise towards 1.1050 if the 4h candle closes above 1.0800 


Technical Analysis

Bearish Trend 

First scenario: rise towards the supply zone at 0.6500 if the price holds above 0.6370 

Second scenario: break of the internal demand zone at 0.6370 will push the price towards the main demand zone at 0.6228 

Gold (Xau/Usd) 

Technical Analysis

Bullish Trend  

First scenario: rise towards 1920 if the price holds above 1905 

Second scenario: if the 4h candle closes below 1900, it could target the 1888 area.  


Technical Analysis

Bullish Trend  

First scenario: rise towards 35200 if the price holds above 34400. 

Second scenario: if the 4h candle closes below 34400, this could trigger a fall to 33600. 

(Us oil) 

Technical Analysis

Bullish trend 

First scenario: rise towards 92.00 if the 4h candle closes above 88.70 

Second scenario: if a 4H candle closes below the support at 85.5, price might retest the daily resistance at 83.5 

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.

Written By: OXShare Research Team on 13 - Sep - 2023
A team of experts in the financial markets

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