BTC USD 79,676.4 Gold USD 3,995.86
Time now: Jun 1, 12:00 AM

My trading journal using technical analysis

USDJPY: The resistance level at 158.94 proved quite strong, pushing the price down for a second time. I'm considering selling, targeting the support level at 157.24.
 

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EURUSD: After a fairly lengthy assault on the 1.1160 support level, the price finally made a false breakout and bounced upwards. This included an upward breakout of the descending trend line on H4 and the resistance level of 1.1212, which has now become support, suggesting bullish sentiment for this pair. I'm considering the resistance level of 1.1311 as my first buy target, and the resistance level of 1.1360 as my second.
 

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XAUUSD: The price is moving within a descending channel formed on H4. However, according to my calculations, there is an increased probability of an upward reversal from support at 3986 or the lower boundary of the channel, where the first target for an upward move could be resistance at 4066. If this level is broken, the second target could be resistance at 4150.
 

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