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Forex Trends to Look Out for in 2024

Forex

<div><img width="750" height="430" src="https://assets.iorbex.com/blog/wp-content/uploads/2023/12/27123011/Forex-Trends-to-Look-Out-for-in-2024.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Forex-Trends-to-Look-Out-for-in-2024" decoding="async" srcs

EURGBP H4 | Falling to support level

Forex

TitleEURGBP H4 | Falling to support levelTypeBearish ReversalPreference:EURGBP is pulling back from the pivot at 0.86844, the swing-high resistance and the price could reverse to the 1st support at 0.86469, the overlap support.Alternative scenario:The price could reverse from the current price and break out of the pivot at 0.86844 and rise to 1st r

EURUSD H4 | Rising to Fibo level?

Forex

TitleEURUSD H4 | Rising to Fibo level?TypeBullish BouncePreference:The price could bounce off the pivot at 1.10293, the overlap support and rise to the 1st resistance at 1.10947, which is the 127.2% Fibonacci extension level.Alternative scenario:EURUSD could pullback from the overlap support at 1.10293, and the price could fall to the 1st support l

GBPUSD H4 | Potential bearish reversal

Forex

TitleGBPUSD H4 | Potential bearish reversalTypeBearish ReversalPreference:GBPUSD could reverse from the pivot at 1.2744, the pullback resistance and the price could fall to the 1st support, the overlap support at 1.26154, which aligns with the 61.8% Fibonacci retracement level.Alternative scenario:The price could breakout of the pullback resistance

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