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Technical Analysis 
Technical Analysis February 21 2024

Technical Analysis February 21 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)

First scenario:  a rise towards 1.1000 level if daily candle closes above 1.0850

Second scenario: a fall towards 1.0700 if price holds below 1.0850

(GBP/USD)

First scenario: a rise towards 1.2740 level if price holds above 1.2530

Second scenario: a fall towards 1.2410 if price holds below 1.2530

Gold (Xau/Usd)

First scenario: a rise towards 2052.00 if price holds above 2016.00

Second scenario: a fall towards 1985.00 if daily candle closes below 2016.00

(US30)

First scenario: rise towards 38800.00 if price holds above 38500.00

Second scenario: a fall towards 38200.00 if daily candle closes below 38500.00

(Us oil)

           First scenario: a fall at 73.50 if daily candle closes below 75.50

Second scenario: a rise towards 79.50 if price holds above 75.50

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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