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Technical Analysis 
Technical Analysis 9 October 2023

Technical Analysis 9 October 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: rise towards 1.0637 if the price holds above 1.0500 

Second scenario: retest at 1.0400 if 4H candle closes above 1.0500  

(GBP/JPY) 

Technical Analysis

Bullish Trend 

First scenario: rise towards 184.00 if the 4H candle closes above 182.30 

Second scenario: fall towards 180.00 if the 4H candle closes below 181.00 

Gold (Xau/Usd) 

Technical Analysis

Bearish Trend 

First scenario: rise towards 1890 if the 4H candle closes above 1860 

Second scenario: fall towards 1830 if the 4H candle closes below 1845 

(US30) 

Technical Analysis

Bearish scenario 

First scenario: fall towards demand zone 32900 if price closes below 33400 

Second scenario: rise towards 33800 if the 4h candle closes above 33400 

(Us oil) 

Technical Analysis

Bullish trend 

First scenario: rise towards 88.00 if price holds above 86.00 

Second scenario: fall towards 83.35 if the 4h candle closes below 86.00 

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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