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Technical Analysis 
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Technical Analysis 26 May 2023

Technical Analysis 26 May 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

Bearish Trend 

First Scenario: a rise to 1.883 zone if 4h candle close above 1.0822 

Second Scenario: if price hold below 1.076,  this could trigger a retest support level 1.0714 

(Usd/Cad) 

Technical Analysis

Bullish Trend 

First Scenario: a rise to 1.370 zone  if 4h candle close above 1.365  

Second Scenario: bearish move towards 1.356 zone if price stay below 1.365 

Gold (Xau/Usd) 

Technical Analysis

Bearish Trend 

First Scenario: a rise towards 1973  if 4h candle close above 1955 

Second Scenario: if price hold below 1955 , this could trigger a retest 1939 

(US30) 

Technical Analysis

Bearish trend 

First Scenario: a rise to 33200 zone if 4h candle close above 33000 

Second Scenario: if price hold below 33000,  this could trigger a retest support level 32590 

(Us oil) 

Technical Analysis

Bearish Trend 

First Scenario: rise towards 73 zone if price stay above 71,3 

Second Scenario: bearish move towards 70.3  zone  if  4h candle close below 71,3 

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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