Technical Forex

XAUUSD
3220 to 3190 is Demand Zone , below 3190 we can look for more sell .. UpTo 3030

Looking at the EUR/JPY 4-hour chart

Current Market Behavior:

Price Level: Currently trading around 161.93.

Recent Trend: There was a clear bearish move from the recent highs around 163.80 down to a low near 161.30.

Pullback/Consolidation: Price attempted a small bullish retracement but is currently stalling below the 162.40 resistance area.

Currently above the price, reinforcing the short-term bearish outlook.

Support and Resistance:

Immediate Resistance: 162.40 – where price recently got rejected.

Immediate Support: Around 161.30 – recent swing low.

Next Major Support (if 161.30 breaks): Around 160.50–160.70 zone.

Price Action Insight:

The current structure shows lower highs and lower lows forming, which confirms a bearish trend.

Sellers are still in control unless price breaks and holds above 162.40 with volume.

Bias:

Bearish below 162.40.

Neutral-to-bullish only if price breaks and closes above 162.75–163.00.

Would you like trade setup suggestions or potential entry/exit levels based on this analysis?

BitCoin Price On Eid

2010: $0.06

2011: $3

2012: $5

2013: $100

2014: $450

2015: $280

2016: $660

2017: $2,550

2018: $6,650

2019: $7,400

2020: $8,700

2021: $45,400

2022: $38,000

2023: $27,100

2024: $67,500

2025: $83,500

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