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Technical Analysis 
Technical Analysis 16 sep 2024

Technical Analysis 16 sep 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 1.1145 level if price holds above 1.1075

Second scenario: a fall towards 1.1000 if 4-H candle closes below 1.1075

(GBPUSD)

Bullish trend

First scenario: a rise towards 1.3220 level if price holds above 1.3160

     Second scenario: a fall towards 1.3080 if 4-Hr candle closes below 1.3160

Gold (Xau/Usd) 

Bullish trend

First scenario: a rise towards 2608.00 if price holds above 2580.00

Second scenario: a fall towards 2550.00 level if 1-Hr candle closes below 2580.00

(US30)

Bullish trend

First scenario: a rise towards 41,800 if price holds above 41,490

Second scenario: a fall towards 41,150 level if 1-Hr candle closes below 41,490

(Us oil)

Bearish trend

First scenario: a fall at 66.50 if 4-H candle closes below 69.40

Second scenario: a rise towards 72.30 if price holds above 69.40

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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