Used the Traders Insight plugin on ChatGPT, prompt used: Requesting weekly analysis

EURJPY

The EURJPY has experienced a triangle breakout, suggesting a good opportunity to buy.

S/L: 155.58

T/P: 156.967 (target at first resistance)

Analysis: https://www.tradingview.com/chart/EURJPY/AwK4BUL3-EURJPY-Triangle-Breakout/

 

XAUUSD

Gold has crossed the 1963 support, presenting a good opportunity to buy from 1960 with targets at 1965, 1970, and 1982. Another analysis points out that Gold is currently forming a bullish trend, and after a strong rally, it’s moving into a narrow consolidation. The price is testing resistance at 1981.7, and in the long term, there’s an expectation for growth to 1993 and 2000.

S/L: 1951

Buy signal @ 1960

Analysis: https://www.tradingview.com/chart/XAUUSD/23exySTl-GOLD-A-temporary-respite-after-a-high-jump/

 

USDCAD

The USD/CAD exchange rate is uncertain around the 1.3170-80 level. While the downtrend has paused, traders are looking for more evidence to support buying the Canadian dollar against its US counterpart. Canada’s inflation numbers were disappointing, and the US Retail Sales data, along with a decline in WTI Crude Oil prices, may attract buyers of the USD/CAD pair.

S/L: 1.31442

T/P: 1.32264

Analysis: https://www.tradingview.com/chart/USDCAD/Fo8355Wb-USDCAD-Today/

Categories: market-sentiment

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