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Technical Analysis 
Technical Analysis 30 August 2023

Technical Analysis 30 August 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: rise to 1.1100 zone if the price holds above 1.0850  

Second scenario: fall to 1.0700 if the 4h candle closes below 1.0850 

(USD/CAD) 

Technical Analysis

Bearish Trend 

First scenario: rise towards 1.3700 if the price holds above 1.3500 

Second scenario: retest for the daily trendline on 1.3400 if the 4h candle closes below 1.3500 

Gold (Xau/Usd) 

Technical Analysis

Bullish Trend 

First scenario: rise towards 1948 if the price holds above 1930 

Second scenario: retest of the trendline on 1925 if the 4h candle closes below 1930 

(US30) 

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 34000 

(Us oil) 

Technical Analysis

Bullish trend 

First scenario: rise towards 83 if the price holds above 78 

Second scenario: fall towards 75.55 if the 4h candle closes below 78 

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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