When we look at the H4 chart we see a momentum decline at the end of last month. It broke the upward trend of this period. After the impulse decline, we have been seeing a correction for several days now, which we are looking for when it will end. We can see this on the H1 chart. The break of the support line signals the completion of the correction and allows...
After a short rise in H1 EURGBP last week, we saw a decline again. We see a break of the upward movement and at the moment it shows no signs of higher values. The current movement resembles a correction to end in the zone to 0.8688 and see a new downward pressure. We can look for a reversal in the area or a break of the previous bottoms to make an entry! In...
Last week we saw a drop of over 200 pips in just 2 days. If this decline continues, we should see a break of the previous bottom of 0.7220. This will also allow for new sales with a target of 0.7142! The last peaks in the area around 0.7280 have a role of resistance. If you have questions about how to trade this or another situation, contact us! To support us,...
Last week we saw a rise in the USD and the reversal of most currency pairs. One of the places without change is USDJPY! Here the upward trend continues. This makes it possible to look for new entry to buy, as the goals go up. We expect to see reaching 107.20. Levels not reached since June 2020. If you have questions about how to trade this or another...
Yesterday caused great hesitation. Today in many places we see engulfing candles. At USDCAD yesterday completely absorbed the previous decline and closed above it. This is a strong signal that the bulls are currently the stronger participants and we expect them to raise the price further. It is currently under serious resistance from previous levels, but in the...
Here we have an interesting opportunity from a reversal candle on D1 Yesterday GBPCAD closed very strongly down, leaving a long queue at the top before that. In this way he managed to absorb the day before. Viewed on the H1 chart, this represents a break of the upward trend. At the moment we can expect a correction and test of the resistance levels, after which...
We are on an upward trend in almost all periods at EURJPY. On H1, the price forms lower peaks and higher bottoms - a figure known as a triangle. We already have a break of the resistance and we expect the upward movement to continue. The resistance levels are: 128.52 128.87 129.25 The triangle breaks if we see a break under the previous bottom! If you have...
From the beginning of the year, a downtrend in H4 gold began. It represents a correction of the rise in 2020. And the main question always, is it time to buy or will we see another drop? It will become clear today! We are currently facing resistance from the trend line, as well as resistance from previous peaks. This is an opportunity to look for a new...
Before looking for an entry here, first look at the weekly trend! Then open the daily chart and see what the movements is! Now you can look at the break of H4, which allows the price to continue to: 1,7608 th most common and 1.7460 Correction to H1 levels is possible before the movement continues. This scenario breaks when the previous peak breaks! If you have...
On February 17, we expected the USDCHF to break the previous peak By the end of the day we saw a definite breakthrough. One possibility was then to look for an entry and continue the movement. The other is now, wait for the end of the correction and join the next rise to 0.9043. An entry candle is expected! If you have questions about how to trade this or...
Since the beginning of the month we have seen an increase in AUDUSD. There was a break in the uptrend this week. There is still no break of the previous bottom, but if we now see a decline below 0.7720, we can expect a downtrend. The initial target down will be 0.7607! Entry can be made only after a definite break of the previous bottom, as well as in a test...
Yesterday we saw a definite break of the downward trend at USDCHF. Today we can see a break of the previous peak, which will confirm the rise. This allows us to expect reaching 0.9043! FOMC Minutes are expected today, so be careful! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
The movement in GBPUSD is very definite and long. The last buy opportunity was on Friday at 1.38, and we are now heading for 1.40 The level of 1.4000 is psychological. It has not been reached since April 2018. Usually these levels are a time when most buyers will reap the profits. This is a good time for those who have buy trades to close. And also, if we tend...
EURNZD is in a downtrend of the periods above H1. And on H1 we see: - break of support line; - lower peak; - we expect a break of the previous bottom. This will allow sells up to 1.6666! Entry is made after breaking the bottom! If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
This week we saw a new rise in GBPUSD and reaching 1.3866. It is currently in the support zone 1.3794-1.3750. As with repulsion from the zone, a new rise can be expected, to 1.3900. A reversing candle or a break of the correction is sought for entry. The stop options are under the previous support, where the model breaks down or as close as possible under the...
Today's option is at AUDJPY. We see an upward movement of both H1 and larger periods. At the same time, the price currently forms a triangle, which we expect to continue moving to 81.65! A break of the triangle and the previous top is assumed to confirm the direction. Stop is placed under the triangle! If you have questions about how to trade this or another...
Opportunity again with GBP! It's movement is very definite. As long as we have a rise in GBP and a weakness in EUR, EURBGP will move down! Technically, we have an extremely well downtrend. On continuation, the first support is from the previous bottom 0.8741. And in case of a break comes 0.8693. The scenario breaks down when the trend breaks and cross the...
See daily chart - we expect an increase! See H4 chart - we expect an increase! See H1 chart - we expect an increase! See the M30 chart - expect it to close above the resistance to buy up to 1.7707. Higher values can be expected for a longer time. The situation fail when the previous bottom breaks! If you have questions about how to trade this or another...