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Technical Analysis 
Technical Analysis 18 sep 2024

Technical Analysis 18 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 1.1210 level if price holds above 1.1150

Second scenario: a fall towards 1.1075 if 4-H candle closes below 1.1150

(GBPUSD)

Bullish trend

First scenario: a rise towards 1.3300 level if price holds above 1.3230   

   Second scenario: a fall towards 1.3110 if 4-Hr candle closes below 1.3230

Gold (Xau/Usd) 

Bullish trend

First scenario: a rise towards 2620.00 if price holds above 2590.00

Second scenario: a fall towards 2560.00 level if 1-Hr candle closes below 2590.00

(US30)

Bullish trend

First scenario: a rise towards 42,050 if price holds above 41,760

Second scenario: a fall towards 41,490 level if 1-Hr candle closes below 41,760

(Us oil)

Bearish trend

First scenario: a fall at 68.50 if 4-H candle closes below 71.40

Second scenario: a rise towards 74.00 if price holds above 71.40

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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