Monday 15th April 2024: Technical Outlook and Review
An Overlap resistance with a 78.60% Fibonacci Projection, indicating a significant level where selling pressure might increase, potentially leading to a reversal in the bullish momentum.
Friday 12th April 2024: Technical Outlook and Review
Acts as an Overlap resistance, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Thursday 11th April 2024: Technical Outlook and Review
Acts as Pullback resistance with a 127.20% Fibonacci Extension, indicating a key level where selling pressure might intensify, suggesting a potential turning point for the price to reverse and move downwards despite the prevailing bullish trend.
Tuesday 9th April 2024: Technical Outlook and Review
Acts as a pullback support that aligns with a 61.8% Fibonacci projection level, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Monday 8th April 2024: Technical Outlook and Review
Factors contributing to the momentum include the price being above the bullish Ichimoku cloud, indicating a strong bullish sentiment.
Friday 5th April 2024: Technical Outlook and Review
DXY (US Dollar Index): Potential Direction: Bullish Overall momentum of the […]
Thursday 4th April 2024: Technical Outlook and Review
Acts as an Overlap support with a 50% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Wednesday 3rd April 2024: Technical Outlook and Review
Acts as an Overlap support with a 50% Fibonacci Retracement, indicating a key level where buying interest might intensify, suggesting a solid foundation for a potential upward movement within the context of the overall bullish trend.
Tuesday 2nd April 2024: Technical Outlook and Review
Acts as an Overlap resistance with a 61.80% Fibonacci Retracement and a 61.80% Fibonacci Projection, indicating a significant level of Fibonacci confluence.
