GOLD continues to move in the ascending channel. After a pullback from the psychological level, the price reached the upper boundary of the area formed by a wide-range candle, where the chart immediately reacted with a bullish takeover. Now XAUUSD is trading near the resistance level, which coincides with the 62% retracement level of yesterday's pullback. We...
GOLD is near the psychological level of 2400. The chart reacted with a decline on reaching the upper boundary of the ascending channel. We expect a pullback to the area from 38.2% to 62% retracement levels of the last bullish impulse, which coincides with the boundaries of the wide-range candle. ------------------- Share your opinion in the comments and...
EURNZD is trading near the lower boundary of the descending channel. The price has fallen under the dynamic support, which now acts as resistance. The chart formed a bearish takeover when testing the trend line, and after the candle shadow re-defined the dynamic resistance. We expect the decline to continue after testing the lower boundary of the...
EURJPY broke through the upper boundary of the ascending channel. The price reached the resistance level and then corrected to the 38.2% retracement level of the last bullish impulse. The chart maintains the ascending structure. We expect the growth to continue. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks...
USDJPY is moving within the boundaries of an ascending wedge. The chart broke through the descending channel. The price is under the resistance level, which coincides with the 50% retracement level of the last bearish impulse. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCHF is moving in a descending channel between the trend lines. The price has reached the upper boundary of the channel. The chart has formed a bearish takeover. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
EURCAD is moving in an ascending channel between the trend lines. The chart has successfully confirmed the dynamic resistance line four times. The pace of movement has slowed down near the upper boundary of the channel. We expect a pullback upon reaching the channel boundary. ------------------- Share your opinion in the comments and support the idea with a...
CHFJPY is moving above the ascending channel and trend lines. Volatility has decreased. The chart tentatively broke the channel and reached the resistance level. We expect a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GOLD is currently trading in an ascending channel, making higher highs. It broke and closed above the strong resistance level which is 38.2% fibo retracment level as well. The market is currently consolidating following the bullish move. We anticipate a 38.2% pullback to the support level and a trend continuation potentially making new...
EURAUD is moving in a descending channel between the trend lines. The chart has reached dynamic support and a support level coinciding with the 62% retracement level of the last bullish impulse. The previous reach of support was followed by a bounce twice. We expect a rebound after the support retest. ------------------- Share your opinion in the comments...
GBPUSD is moving in an ascending channel above the trend line. The chart has reached the resistance level, which was the reversal point last time. We expect a pullback after the end of testing the current level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
EURGBP is moving in an ascending channel between the trend lines. The chart has reached the upper boundary of the channel and the dynamic resistance, and formed descending tops. Previous reaches of the resistance level were accompanied by declines. We expect a pullback to the 38.2% retracement level of the last bullish momentum. ------------------- Share...
CADJPY is moving in an ascending channel. The chart broke through the dynamic resistance, which now acts as support. The price is moving under the resistance level, which coincides with the 38.2% retracement level of the last bullish momentum. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with...
EURUSD is moving in an ascending channel near the upper boundary. The chart is under the resistance coinciding with the 50% retracement level of the last bearish impulse. The price is under the supply zone. We expect a pullback from the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDNZD is moving in an ascending channel between the trend lines. The chart is under the resistance level. The price has already reached the resistance, after which it quickly reacted with a decline and formed a bearish takeover after the second touch. We expect a pullback from the resistance. ------------------- Share your opinion in the comments and...
After the previous fall, the price not only came to the lower line of the channel, but also broke through it. However, the Resistance Level held and stopped the price. Moreover, I think that it will allow the price to gain strength (possibly with a small false breakout). And in the end, we will see Good Growth. Our goal is a strong resistance level of 1.252.
EURNZD is near the resistance at 1.79500, where price dropped before. It is trading in the consolidationg zone following sell off on the 4 hourly chart. There's a nice confluence zone to short at the resistance level, 78.6% fibo level and bearish harmonic pattern. We expect a bearish move from the confluence zone. ------------------- Share your opinion in...
NZDCAD is decelerating after completing the bearish harmonic pattern. The market overall is consolidating, bouncing from resistance and support levels. There was a big drop from this resistance level. We expect a sell-off from the resistance level since the market is decelerating and losing momentum. ------------------- Share your opinion in the comments and...