The price finally decides to break the resistance level of the prolonged consolidation. If the breakout is not false, then there is a potential to renew the upper point - 111.65. But now I am waiting for the rise after the pullback to the resistance below. My target is 110.78
My past forecasts on USDJPY 👩💻
The currency pair is gaining energy in order to break through the support level .
After a false breakout, there is practically no reaction, it was returned back to the retest level.
Waiting for the price to fall for the level to the support of 1.17
The instrument, after the breakdown of the upper border of the price channel , went into a sideways range,
I think that for some time the price will move from the upper border to the lower one and vice versa.
After exiting the downtrend, the price rested against the resistance of 0.859. Buyers are pushing the level. If the formation does not break and the support is not broken, then I expect a squeeze to the resistance with a further breakdown. My target is level 0.864
The price reached our yesterday's goal, since the forex market is 80% of its range, I think that it will not be possible to break the local level down the first time, because strong support, I'm waiting for a pullback. My goal is a pullback to strong resistance - 1.177
The instrument breaks through strong trend support and closes the last weekly session in the short zone near the local low.
I think that after a pullback and consolidation below the level, the price may further fall to support 1.1704
After an attempt to break through the resistance of 1.19, the Eurodollar consolidates between it and the support of 1.183,
I think that if the price does not go lower to the support of the global channel, and the retest, plus the global and local trends coincide, then a breakdown of 1.19 and further growth is possible up to 1.20
The price consolidated against the local resistance level of 1.1846 in the long zone. I expect the price to rise. My target is the downside resistance formed from the May 11 high.
My past forecasts on EURUSD👩💻
Impulse movement is approaching a strong support level .
After the distributive insertion, the tool enters the consolidation phase and will be in flat for some time,
I think that after testing the 1.35 level, the price will roll back, tentatively, to 1.37
After breaking through the resistance, the currency pair was unable to keep the trend and continue its growth, the price was returned to the borders of the price channel and now it is rolling back to support. I look forward to a rollback from the level and growth to resistance. Target - 154.7
The Eurodollar is trading at the lower border of the price channel .
At every attempt to buy it out, they immediately try to sell it, there is strong pressure on the instrument.
The level is strong enough.
I expect a rollback or reversal of the local trend from the support level of 1.178
11 / 12 last EURUSD ideas come TRUE
✅EURUSD №1 ...
The price last week tested the support level , which is the lower border of the price channel .
It bounced off it and at the moment is trading above the local support level formed from the low on March 9th.
Consolidation above this level suggests further growth as the price is in the buy zone.
The target is the resistance formed by the price stopping at the...
EURUSD 26 04 2021
The growth in the price of this currency pair continues within the upward channel, which will exist on the chart since November 2019. In early April, the price fell to the lower border of this channel the 1.170 support line. At this point, another support line also passes - formed in September 2019. From this point, the price pushed off and...
#XAUUSD 26 03 2021 resistance of 1748.07.
However, during this entire time, the gold moved along the line. Since Tuesday, I have extended the forecast for the fall. The price started moving on Wednesday. Yesterday it finally unhooked from the resistance line and dropped several points. I am confident that after gold broke through the resistance of 1773.86 in...
USDJPY 19 03 2021
This growth is based on a small support line, which also formed in January. The last time the price bounced off this line at 105.19 was at the end of February and the momentum was enough for a strong growth. During the growth, the price broke through the support level 108.40 and eventually came to a strong resistance zone at 109.32. In this...
XAUUSD 18 03 2021
Now the price is working out the correction, which should stop in the support zone 1733.33 This is a small area formed around the two support lines. The oldest is December 2020 and very small from the beginning of March. As you can see, the price has tested this zone several times. Thus, I expect the price to reverse from the support line and...