So, the price continues to move in an upward channel, which formed in late November - early December after the price broke through the support line 1806.93. After the breakout, it touched support 1768.05 and started to rise. As a result, this line of support became the lower border of the channel. Last week, the price touched it at point 1858.13 and started to...
Since November this year, the price of the currency pair has shown a steady growth. During this growth, the price consistently broke through the support line at 0.742, then the support line at 0.757. And as a result, it came to the resistance line 0.764. This is a very strong line, which began to form back in 2009, and therefore it is not surprising that its...
Since August, the price growth has been stopped by a strong resistance line. It is also trending - it directs the price in a downtrend. During the fall at the end of November, the price came to the support line 1803.05, broke through it, and then returned to the line. A small ascending channel originates from the breakout low of 1766.14, in which the price has...
The price is at the strong resistance level 1.222, which forms the direction of the price since the year the chart appeared - 1994. As you can understand, this is a very strong level. The last global breakdown of it, after which the price dropped beyond the level, occurred in 2018. In mid-December, two false breakouts of the level happened one after another....
Autumn has become a period of quite impressive growth for this currency pair, the price rises to the highs that the last time reached in 2018. However, now the price is on the way - a strong resistance level 1.221. And also, passing nearby, the line of resistance. She is the youngest, formed only in September. But, on the other hand, without a single...
The price continues to fall in the course of a long downtrend, which began a new round in July this year. At the same time, a resistance line was formed on the chart, which became a guide line for the trend, preventing the price from rising higher. During the fall, the price came to the level of 104.02. Since November, she tried to break through this level and go...
My idea went perfectly and brought us 173 p. Profit! And now the price is in a position that will bring us a good profit again! Remind you that after falling in August, the price is moving in an uptrend, but now it has run into strong resistance and is unlikely to grow stronger. As I said last time, after the price touched the 1.330 support line, it bounced and...
After in May 2019 the price broke through the level of 139.60 during the fall, it began to double along this level, every several months, either rising above it, or dropping beyond it. This movement is regulated by two main trend lines, support - formed in August 2019 and resistance, which began to form in April 2018. In August of this year, the price touched the...
This currency pair experienced a rather impressive collapse in March this year. However, after the collapse, the price almost immediately started the same strong and strong growth and quickly recovered in positions. And after that, it continued to grow. During the growth period, it broke through the 0.690 line. And this line later became a strong support for the...
Since the beginning of last week, the price has been trying to break through the strong resistance line at 0.917. Each time, 0.901 support was the basis for a strong spasmodic growth. This is the zone that was formed in October and regularly adjusts the price during both rallies and falls. Both times, after the price touched the resistance, it fell back to the...
After the price for a long time - from October to December - moved below the support line, it finally returned to an uptrend. This trend started in July of this year and is formed by two equivalent lines - resistance from July and support from June. The price did not break through the resistance line even once, but for the support it collapsed quite seriously in...
Autumn was very hectic for this index. Global and local news led to strong price fluctuations with large spikes and falls over short periods. But since late November, the price has entered a relatively moderate uptrend between the support and resistance lines. She hit the trend after breaking the support line 12250.2 and continued to rise until it touched the...
Last week we made 530 pips on this pair! Last few predictions to remind you of price movement: December 16 December 17 December 18 Let me remind you that during the week we talked about the fact that the price should break through the support line and come to the resistance line - 1914.40. And the first part of the forecast has already come true. The...
The price continues to move above the historically strong level of 1.197. After the breakout and consolidation on it, the level gave the price quite strong support, which was used to explain its current growth. However, I am not inclined to expect strong jumps from the price in the near future, since it is in a zone of strong resistance - a line formed back in...
Since May, the price of this pair has been in a powerful uptrend, which is controlled by two lines: support and resistance, which are strong enough to prevent significant breakouts. However, at the beginning of December, the price dropped sharply beyond the support line, after which it took advantage of the local support and began to rise again from the point...
After the price came to the support line at 1.522 in July and bounced off it, it rallied strongly. However, it then dropped from the resistance line 1.561, which served as a starting point for the formation of a downward channel. The channel has also existed since July, the fall is guided by the trend lines of support and resistance. The lower border of the...
After a significant collapse in October, the price climbed out and now continues to rise steadily. In mid-November, it first touched the support level of 0.958, then moved along it for a while and finally managed to break through. After the price broke through the level, it fixed on it and started a new strong growth, however, it did not come to the resistance...
In January 2020, the price collapsed very much, falling behind a strong support line. This line has existed on the chart since 2009 and up to this point it has often stopped the price drop. However, at this rate, the yen was first able to break through during the fall - which occurred as part of an older downtrend. The first serious price collapse occurred in...