The AUDUSD 4H chart ...from CLOVER GOLD FX

The AUDUSD 4H chart displays a inverse head and shoulders pattern, signaling a potential bullish reversal. The structure is well-formed, with the left shoulder, head, and right shoulder clearly visible, each representing a phase of market accumulation after an extended downtrend. The neckline acts as the key resistance level, and a confirmed breakout above it would validate the pattern, suggesting that bullish momentum could accelerate. This breakout could attract buyers aiming for a higher target zone, which aligns with the projected height of the pattern. If the breakout sustains it would indicate a shift in market sentiment from bearish to bullish, reflecting growing confidence among traders anticipating further upward movement.

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USDJPY on the 1D timeframe is trading inside a clean ascending channel where price has respected both the upper and lower boundaries multiple times showing strong structure control buyers pushed price impulsively from the lower channel support creating a sharp bullish leg that completed a corrective move near the upper boundary after this exhaustion signs appeared near the top of the channel indicating weakening momentum and potential profit taking price is now reacting lower suggesting a corrective phase could unfold toward the mid or lower channel support as long as the channel holds the overall trend remains bullish but short term pressure favors a pullback before the next directional move confirmation will come from how price behaves near channel support where buyers may step in again to continue the higher structure or a break could shift the bias bearish.

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GBPUSD on the daily shows a clean pullback where selling pressure is getting weaker and price is holding the lower area with small candles which often means buyers are stepping in this kind of calm movement after a drop usually leads to a bounce higher if price breaks above the trendline with strength it can start the next upward move so the focus stays on waiting for a clear breakout and strong close before entering instead of jumping in too early.

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AUDUSD on the 4hour chart is showing a clear ascending flat support structure that has been respected multiple times indicating strong buyer interest at lower levels the recent corrective pattern has completed its abc formation suggesting the potential beginning of a bullish impulse the market is now reacting from the support zone aiming toward the highlighted resistance area where sellers may attempt to regain control as long as price remains above the ascending trend line the overall sentiment stays bullish and a continuation toward the upper resistance zone is likely

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