GBPCAD broke uptrend line and retested it
price rebounded from 61.8% fibo
price below key level around 1.7650
price based below SMA 100
MACD shows start of bearish momentum
so its expect bearish movement to demand zone around 1.7475
GBPAUD retested broken downtrendline
MACD shows bullish momentum
It's expected to target first HVN at level 1.7919
then finally target key level at 1.8020
Strong bullish wave (a) ended at level 1.6710
then corrective bearish wave (b) rejected from key level at 1.6540
Price is based above HVN at level 1.6580 which indicates that pair is in accumulation phase
Price broke consolidation area
Above SMA 100
MACD shows start of bullish momentum
It's expected forming bullish wave (c) to target resistance level at 1.6845
GBPNZD broke downtrend line and retested it
price rebounded from 50% fibo level
price above key level around 1.9150
price also above SMA 100 and HVN around 1.9230
MACD shows bullish momentum
RSI above 50
so its expect bullish movement to resistance level around 1.9400
As I said yesterday in my last forecast, after gold dropped to the strong support zone of 1718.90, the price turned around and started to rise.
We had been expecting this growth for a long time, but the price continued to fall in a long downtrend. Now, one should not expect that...
The price of this currency pair adhered to a downtrend for a long time, but at the beginning of December last year it was able to break through the resistance line at 1.295 and fall to the support line at 1.266, which eventually contained a strong fall. Nevertheless, the downtrend has been preserved for now.
After a short movement between these two lines, the...
Since June last year, the price has been moving in an uptrend, which is guided by two diverging lines. The last few months, starting in November 2020, the resistance line has become the main line for price movement. Since the price practically does not concern the support.
Regardless, I expect that after the price has made a false breakout and reversed from the...
At the beginning of the month, the price touched the support line at 1.520. This support line is also the lower border of the descending channel in which the price has been moving since July 2020. Despite the breakdown in December-January, the channel is very strong.
Therefore, I expect that the price will push off from the support line and get an impulse for new...
After the growth spurt in the last year's pair, the price fell into the zone between the two strong resistance levels of 1.838 and the equally strong support line formed in 2013. Moving between them, the price also broke through the level of 1.785.
After another touch of the resistance level, the price reached the support level of 1.785 and this is an excellent...
Hello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in GBPCAD ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE
Traders, if you liked this idea or if you have your own opinion about...
AUDCAD retested broken downtrendline
Price respects major uptrendline
Price is based on HVN at level 0.9840 which indicates that pair is in accumulation phase
MACD shows weakness in bearish momentum
RSI is in uptrend
we r waiting price to break consolidation area around level 0.9855 to open long trade
It's expected to target resistance level at 0.9990
EURJPY rebounded from 61.8% fibo level around 129.50
price below key level around 128.50
price based below SMA 100
ELLIOT WAES shows that price finished last bullish impulse wave (5) and start bearish corrective waves
so its expect bearish movement to HVN around 126.80
CADCHF rebounded from minor uptrendline with strong bullish movement
Price is based above support level at 0.7135
Price rejected from 50% Fibonacci level
Above SMA 100
MACD shows start of bullish momentum
It's expected forming bullish Elliot wave 5 to target level 0.7350
AUDCHF rebounded from 61.8% fibo and uptrend line
MACD shows bullish momentum
RSI in uptrend line above 50
so its expect bullish movement to resistance level around 0.7160
EURGBP broke downtrend line
Price now retesting broken downtrend line
price rebounded from 50% fibo level
price above key level around 0.8640
price based above SMA 100
MACD shows weakness of bearish momentum
so its expect bullish movement to supply zone around 0.8800
EURGBP broke downtrend line
price now retesting broken downtrend line
price rebounded from 50% fibo level
price above key level around 0.8640
price based above SMA 100
MACD shows weakness of bearish momentum
so its expect bullish movement to supply zone around 0.8800
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...
At the moment, the price of the pair is standing still and I am extending my previous forecast. Let me remind you that after the price fell from a strong resistance zone, it stopped at the support level of 1.202.
From this position yesterday, I expected a fall to...
