AUDCAD Upward Trend 04 03 2021 One of the main lines on the chart is the support line formed in October 2020. Despite the fact that the line is not very long, it has repeatedly reversed the price during the fall. In addition, every reversal took place with little or no correction. Recently the price dropped from the resistance line of 0.999 and is now at the...
XAUUSD Forecast 02 03 2021 The GOLD price dropped a little more and is now in a strong support zone at position 1716.93. This zone is formed by two lines. The first one appeared in August 2020, the second stronger one - in July 2016 Now the main question for all investors is when exactly gold will stop and begin to grow. I think this support zone is the...
EURGBP Forecast 02 03 2021 At the end of February, the price of this currency pair dropped to the strong support zone of 0.859. In this zone, the level of support intersects as well as the senior strong line of July 2015. This zone stopped the prolonged fall in prices and turned it towards growth. However, after the growth spurt, the price returned to the zone...
EURCAD Forecast 02 03 2021 This currency pair is also moving in a very strong downtrend channel that formed on the chart back in the summer of 2020. And in this channel there was only one significant breakdown of the resistance line. However, the support line is very strong. The price broke through the senior resistance line 1.545 long ago. She appeared in 2012....
AUDUSD Forecast 02 03 2021 Last week the price touched the resistance line 0.7989 and after that it collapsed. During the growth, it managed to break through the resistance line 0.784 and the level 0.777 after which it still stopped at the strong support line 0.771. This support line, like the rest of the lines on the chart, has existed on the chart since...
GBPUSD 01 03 2021 The price started to drop from the strong resistance zone 1.418. This zone consists of two lines, one of which appeared in AUG 2018, and the other in 2013! The price collapsed from these two lines at the beginning of last week and is now in the process of a slight correction, however, we expect that after its completion it will continue to fall,...
AUDUSD Forecast 01 03 2021 Last week the price touched the resistance line 0.7989 and after that it collapsed. During the growth, it managed to break through the resistance line 0.784 and the level 0.777 after which it still stopped at the strong support line 0.771. This support line, like the rest of the lines on the chart, has existed on the chart since...
#USDCAD downward slope After a rebound from resistance in early February, the price finally came to support. It is at position 1.246. I expect a rise to resistance. The target is 1.273.
Bitcoin riding at 50k According to a recent 70-page Bitcoin ( BTC ) is the future of collateral in the finance industry. The report notes that Bitcoin is very similar to the internet, considering that it is a “blank canvas” on which developers can build creatively upon in any desired way. Originally, Bitcoin was intended to serve as a cryptographically-secure...