ForexTrendline

ForexTrendline

Do you remember the analysis from the 20th of USDCAD The price dropped and did not allow entry. But that doesn't mean we stop looking at the possibility of getting involved in a trade. Now it is even more profitable, because there is an opportunity to get involved at lower levels...

ForexTrendline

Since the beginning of the year, we have seen an increase, which remains in the zone to 0.89. This rise turned into a sideways movement. It is clear that we have serious resistance at levels above 0.89, but if we see a break, we will see an additional rise to the next levels. The final goal will be 0.9015! If we look for figures, then here we can find at least...

ForexTrendline

USDCAD is in a downward trend in all periods. Today we expect the BoC to decide on interest rates. This can be a good opportunity to reverse the H1 trend! To do this, you do not have to enter into a trade in advance (unless you enter into trade without reason). Passing above 1.2768 will allow entry. Crossing the previous peak will confirm the reversal. The...

ForexTrendline

January 11 was the first sell opportunity at NZDUSD. It's already done! But now there is a new opportunity for another 100 pips! We expect the next downward pressure to reach 0.70345! You can look for an entry in case of repulsion from the resistance zone. If you have questions about how to...

ForexTrendline

The downward trend here was broken on January 6 and we saw an increase to 104.40. After that, the pair failed to continue up, and we see consolidation in the form of a triangle. In order to enter into a trade, we must see a breakt in resistance. This will allow the price to rise to: 104.62 and 105.30 DO NOT enter into a trade until there is confirmation of the...

ForexTrendline

In the last month we have a definite rise in GBPJPY. This week we also saw a break of the key resistance around 141.30. This gave new strength to the pair. We are currently seeing a consolidation of H1 in the form of a triangle. In the event of a break, we can expect the upward movement to continue with a higher probability. The resistance levels...

ForexTrendline

Since the beginning of November last year, we have an upward movement of H4 at CADJPY. Earlier this week, the price reached its high points from December, testing and holding them without being able to break them. Before making a new attempt we see that a triangle is formed on H1, which is broken and now with new forces it will try to break the previous peak! An...

ForexTrendline

The down movement from the last month was broken, and now the price is testing the trendline again. We already have higher bottoms and a break to a previous peak. This allows us to expect a reversal and a new rise. When starting an up movement, the price must reach at least: 1.2835 and 1.2869 The possibility is spoiled by breaking the previous bottom. If you...

ForexTrendline

In the last few days EURUSD has started a down movement of H1. This rise in USD is observed for all currencies. At USDCHF we saw an increase: After EURUSD has already fallen by 200 pips from the highest values, we expect it to continue and go below 1.2100! Before that, however, it is perfectly...

ForexTrendline

The new week begins with a trend reversal. One of them is the one at NZDUSD, where we were looking for buy trades till now. Here we already have lower peaks and we expect the downward movement to continue. The support levels are: 0.7160 0.7137 0.7092 In order to maintain the downward trend, we must not have a break of the previous peak! If you have...

ForexTrendline

Yesterday the price managed to make a higher bottom and a higher peak of H1 at USDCHF. This reversed the trend and now we expect an increase. The levels to which the continuation of the trend should reach are 0.8900-15. The script fails down when the second bottom breaks! If you have questions about how to trade this or another situation, contact us! To...

ForexTrendline

Last month we saw a down movement of H4 in EURGBP. Now, however, we see a break in the trend line and an impulse. If the price manages to continue, it will reach 0.9122 and 0.9161. Returning below the 0.9000 round level will break up this scenario. If you have questions about how to trade this or another situation, contact us! To support us, like and comment!

ForexTrendline

Yesterday, gold confidently continued to rise and reached 1955. The first few days of the year we already see a serious rise in it and it seems that it will have the strength to continue. Before that, however, we expect to make a correction! The current levels are suitable for this, and we expect to see 1922 again! If you have questions about how to trade this...

ForexTrendline

Yesterday we saw the uptrend in NZDUSD, today we have a similar situation in AUDUSD. The price has moved away from the support zone and it seems that the uptrend will continue. Possible resistance levels: 0.7752 0.7785 0.7823 In order to keep the trend and the good ratio, the price should not go below 0.7640! If you have questions about how to trade this or...

ForexTrendline

Happy New Year! We start the year with an uptrend at NZDUSD. The price has already found support from the lower trendline several times. We expect that the upward movement will continue this time as well. The support zone is 0.7140-0.7160, and if we push away from it, we expect to see 0.7240 again, as well as 0.7291! Critical for maintaining the upward trend...

ForexTrendline

EURJPY continues the range Since the beginning of December, EURJPY has entered a sideways movement and is moving in the range of 100 pips. A few days ago we saw a break, but very quickly the price came back. The direction will become clear only after a definite break and test, but for those who are looking for an earlier entry and a much better risk-return...

ForexTrendline

On December 15, the upward trend of M30 at EURCAD started. The trend continues to develop well, currently trying to break the resistance at 1.5737. Closing above this level will open the possibility of rising to: 1.5770 1.5803 1.5838 Don't enter into a trade before a break! The scenario fails when the previous bottom breaks. If you have questions about how to...

ForexTrendline

GBPJPY broke the upward trend last week and we are seeing a free fall. This morning GBP is under additional pressure after a new wave of closure. Brexit negotiations are continuing separately. We expect the movement to continue downwards. As the next support is at levels 137.05! The scenario fails down when the previous peak breaks. If you have questions about...