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Technical Analysis

NOTE

Below are technical trade setups automatically identified by Autochartist, utilizing advanced Technical Analysis and Statistical Analysis. Autochartist identifies key chart patterns, Fibonacci patterns, horizontal support and resistance levels, as well as extreme market movements. Leverage this valuable information to pinpoint potential market trends and reversals. Powered by IC Markets, this analysis offers crucial insights to enhance your trading strategy.

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Technical Analysis

US2000 30

Support Emerging: 2,428.5137

Triangle has broken through the support line at 12/3 18:30. Possible bearish price movement forecast for the next 5 hours towards 2,428.5137.
US2000 30 Chart
Expiry Date/Time: 12/4 00:52

EUR/ZAR 15

Support Emerging: 19.1115

Approaching Resistance level of 19.1115 identified at 12/3 18:30. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 115 within the next 13 hours..
EUR/ZAR Chart
Expiry Date/Time: 12/4 08:51

EUR/NZD

Support Emerging: 1.05250 | 1.05400

Channel Down identified at 12/3 18:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.7992 within the next 4 days.
EUR/NZD Chart
Expiry Date/Time: 12/7 19:03

Support Emerging: 8,498.0700

Broke through Resistance level of 8,339.7000 at 12/3 18:00. Possible bullish price movement forecast for the next 12 days towards 8,498.0700.
UK100 Chart
Expiry Date/Time: 12/15 18:49

XPT/USD 30

Support Emerging: 943.2957

Channel Up identified at 12/3 18:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 943.2957 within the next 17 hours..
UK100XPTUSD 30 Chart
Expiry Date/Time: 12/4 12:15

Please be aware that trading in financial markets involves significant risk, and it may not be suitable for all investors. The value of assets can fluctuate rapidly, and losses may exceed your initial investment. It is important to thoroughly understand the risks and only trade with capital that you can afford to lose. Past performance is not indicative of future results. We recommend seeking advice from a qualified financial advisor before making any trading decisions.

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