At the end of last week, the instrument consolidated above the local support level of 1.2174, the currency pair is currently in the buy zone. We expect growth to the key level - 1.235
At the end of last week, gold consolidated above the strong resistance of 1874.129, which suggests further growth and a test of the 1960.0 price peak.
At the end of last week, gold consolidated above the strong resistance of 1874.129, which suggests further growth and a test of the 1960.0 price peak.
The currency pair does not react to the upward support level formed by the trend reversal since January 2021 and actually breaks it down in the 108.8 zone. I expect the instrument to consolidate and further decline to support 107.99
The currency pair failed to break through the upper border of the ascending channel, we expect the instrument to correct to a strong support level of 150.0
At the end of last week, the instrument consolidated above the local support level of 1.2174, the currency pair is currently in the buy zone. We expect growth to the key level - 1.235
Gold is globally in a downtrend channel, the uptrend has reached the resistance level. Preconditions for a further fall: a false breakout of the technical pullback level of 1875.0, which almost coincides with the upper border of the downtrend, as well as a trend that is directed downward.
Gold is globally in a downtrend channel, the uptrend has reached the resistance level. Preconditions for a further fall: a false breakout of the technical pullback level of 1875.0, which almost coincides with the upper border of the downtrend, as well as a trend that is directed downward.
After a correction to the resistance level of 1.40995, the instrument continues to grow amid negative news for the dollar. In the near future, I expect the currency pair to continue to move to the key point - 1.4240
After testing the strong support level 1.2058, formed in September 2017, a false one was made. I think that after distributing and taking the target, the instrument can turn around, return to the descending channel and reach the nearest resistance level 1.2280
Yesterday, after the retest and breakdown of the level of 1.2184, the price consolidated above the resistance level, the instrument is in the buy zone, besides, both an upward trend and an upward channel play an important role. I look forward to consolidation, followed by growth. Key point to which the tool moves - 1.2390
An ascending base is forming on the chart. Yesterday the price broke through the resistance level 1.2184 and closed above the level. I am waiting for consolidation, with subsequent growth. The key point to which the tool moves - 1.2390
Key patterns of price action. Below I will describe several key patterns, but on the diagrams you can see the analysis from a technical point of view. And also please pay attention to the rules, which I do not advise to ignore. The Cup with a handle pattern is formed according to the following logic: - On an upward movement, the bulls cannot push through the...
AUDUSD is on the support line + the price is in a growing channel. + Trend is growing I expect growth to the resistance line.
EURUSD still cannot break through the strong resistance line. I expect a fall to the support line of the growing channel
Gold is in a growing channel. Now the price is on the resistance line + the price has made a false break. I expect to fall to the support line
Key patterns of price action. Below I will describe several key patterns, but on the diagrams you can see the analysis from a technical point of view. And also please pay attention to the rules, which I do not advise to ignore. The Cup with a handle pattern is formed according to the following logic: - On an upward movement, the bulls cannot push through the...
My yesterday's forecast continues to come true. The price is at the resistance line. The other day the price came to the resistance zone 1874.12. It crosses the resistance level and the line of the rising March January 2021. This strong reversal is the main reason why I expect the price to fall. The target is 1823.92. ------------------- Share your opinion in...