Here shows a simple analysis where The Euro is going to lose value against the US Dollar. Price not to long ago broke a major trendline and has been bearish ever since. Price is currently borderline testing a recent resistance Zone. After price test this resistance zone it will reject and sell towards the next support zone creating a new Lower Low for this new downtrend.
Here we have a bullish market. An uptrend consisting of Higher Highs and Higher Lows. Price recently brought off of a support zone that has already been tested 4 times previously. This new support zone was created after Election day November 3rd. The first test of support was on 11/05/20 around 2pm. The second test of support was 11/09/20 around 6pm (after New...
I'm look for Gold to sell Long term, Its been on the rise for multiple months. Gold Reached an all-time high and has definitely over brought. Current price is around 1930.967. Price will test trend line in this descending Triangle. As soon as price test 1953.500 (Trend line), Price will continue selling to next support zone Around 1700.
Here we have a bullish trend. Price is buying from support zone (1.14602) headed towards resistance zone (1.26528). Twice price tested resistance zone and went to test for the third time and broke resistance zone. Price is currently buying still towards new resistance zone (1.31417). 3rd buy entry for long term buy should be at newly support zone *1.26528*.
Here we have a bullish trend. Price is buying from (1.07797) headed towards resistance zone (1.14347). Price will test resistance but not break. Price will sell long term to test previous support zone (1.09949).