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Technical Analysis 
Technical Analysis 19 April 2023

Technical Analysis 19 April 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.

(Eur/Usd)

Technical Analysis

Bullish Trend

First Scenario: continuation for the trend to the upside if a 4h candle close above 1.0968

Second Scenario: if  a 4h candle close below 1.0910 this could trigger a fall towards 1.085 zone

(Gbp/Usd)

Technical Analysis

Bullish Trend

First Scenario: rise above 1.2524 if a daily candle close above this level

Second Scenario: bearish move towards 1.2350 zone if price hold on below resistance 1.240

Gold (Xau/Usd)

Technical Analysis

Bullish Trend

First Scenario: bearish move towards 1985 zone if price hold on below resistance 2000

Second Scenario: continuation for the bullish trend if a 4h candle close above 2007

(Dow Jones US30)

Technical Analysis

Bullish Trend

First Scenario: bullish move to 34200 levels if a 4h candle close above 34126

Second Scenario: bearish move towards 33300 zone if a 4h candle close below support 33620

(Usoil)

Technical Analysis

Bullish Trend

First Scenario: rise towards 81.0 if price hold above support 79.5

Second Scenario: bearish move towards 77.0 level  if a 4h candle close below 78.94

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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