EURAUD 16 03 2021 During this fall, the price tried to break through the support level 1.535. However, the first time she did not succeed, since there was a trend line of support nearby. However, now the support level is close to the resistance line of the channel. The price is between the support and the resistance line and I expect it to rise first and touch...
USDJPY 09 03 2021 Throughout February, the price showed a strong uptrend. At the same time, in the last weeks of the month, it grew, practically without making a single correction. During this rise, the price managed to make an important breakdown of the strong support line at 106.62. This line was formed in 2015. After the breakout, the price fixed on the line...
As I said last week ...EJ closed 1 week and 1 month below the trend line which makes me believe that W is over and now it should drop at least 200-250 pips until it makes the next major move! (see also analysis for 1 week) THIS WEEK...I will continue to look for SELL on EJ for at least 200-250 pips! However, a close even for 1 day over 130,200 forces me to think...
EURJPY 01 03 2021 From April 2020, the price eventually came to the resistance line 130.23, which appeared on the chart in October 2019. Having touched this line, the price reversed and is now in the process of falling. I expect it to go down to the 127.86 support zone first. This zone is formed by two lines - May 2020 and August 2019. Therefore, I expect that,...
EURAUD We are waiting for the price to rise to a strong resistance zone (channel line + 2019 resistance line). And a fall towards support (the lower line of the channel). The target is 1.515.
EURUSD GOING DOWN The price is close to the resistance line at 1.225. I am waiting for the touch of this line and a new fall. the price will return to the support zone. The target is 1.211.
AUCAD UP THEN DOWN TREND After in early February the price was able to break through the strong resistance zone of 0.973, where the trend line and the strong level crossed, it showed a steady growth. The price continues to grow even now, practically without making any corrections. It is located near the thorn resistance line. This line was formed in February...
EURUSD DONWTREND The price bounced off the strong support zone of 1.207. Now I expect it to rise to the 1.225 resistance line. After that, it will turn around and fall back to the support. The target is 1.207
The price is at position 1.260, which it came to after the return of the downtrend and fall from the resistance line. This support zone is incredibly strong. It is formed by the June 2018 line and the 2008 line! Therefore, new growth can now be expected. While the overall downtrend continues, I now expect the price to bounce off the strong support zone and rise to...
The price has continued to move along a strong resistance line that originates in March 2020. But the strong rise in prices is also held back by the resistance zone, the first touch of which occurred at the end of December 2020. I expect the price to fall soon for two reasons. Firstly, it is a strong resistance zone of 0.985, and secondly, it is that since the...