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The price continues to move according to my forecast, which I corrected yesterday. Let me remind you that after falling from the resistance line 1.232, the price broke through the level 1.221 and the resistance line 1.214. However, having dropped minimally from the line,...
Since September last year, the price has shown a very uneven movement, with strong periods of growth and sharp falls. Only at the beginning of December last year, after the price broke through the 124.92 support line and came to the 126.66 resistance line, the pair's movement became relatively even. Over the past months, the price has been moving between these...
The price continues to move in a downtrend that began in September 2020. The guiding lines for this trend are the support line - which also appeared in September, and the resistance line - December 2020. From the moment of the formation of the resistance line, the price moves exactly within the trend. Last week it came to the support line 1.559, pushed off more...
In September last year, during a small uptrend, the price suddenly collapsed and broke through the support line at 0.725, but stopped at the next support at 0.701 and, with its help, started a new uptrend. The price moved in this trend until the end of 2020, however, already in mid-December it rose to the support line, moved along it for some time, and in early...
After the price broke through the support line 12332.7 at the end of November, it began to grow steadily, using this line as one of the guides for the uptrend. The second trend line - resistance - is the line formed in September 2020. And although the price made attempts to falsely break the trend lines, it has been actively growing in recent months. However, the...
As we remember, at the beginning of January the price collapsed about the resistance level of 1959.22, after which it broke through the support zone - at that moment of resistance - moved in the zone without leaving it for several days, and then touched the support line at 1818.63. From this line, the price started a new growth and eventually managed to break...
We continue to observe the second stage of price movement in accordance with my forecasts from the beginning of this week. Let me remind you that the first thing the price broke through the resistance line at 1.215, during the fall from the strong level of 1.121. However, having dropped behind the line, the price stopped and reversed in order to work out the...
In September 2020, the price fell to the support line 1.268 and started to rise from this point. As a result, this line became one of the main lines correcting price movement in an uptrend. Over the past months, the price has increased, moving between the two lines and has now come to the resistance zone of 1.370. This zone began to form in early January at the...
Since last summer, the price has maintained a clear downtrend, guided by two strong lines: support from July 2020, and resistance from September. During the fall, the price was able to break through the resistance line 1.285, then bounce off the resistance zone formed by this line and the trend line. As a result, after falling from the resistance line 1.279, the...
In 2019, the price collapsed and dropped behind the strong support line at 0.658. This line was formed in 2009 and after the breakout the price was moving for almost two years, using it as resistance. However, in November 2020, the price was able to grow and break through this line again, this time during the growth at the 0.678 point. Also, the price, showing a...
In November last year, the index price rose to the resistance line 92.96 and, after touching it, began to fall. It was a serious drop during which the price broke through the resistance level of 92.18. And then it continued to fall, eventually coming to the 89.78 support line. However, the price did not start rising immediately from this line. The first push and...
Gold has finally moved out of the zone between the support line and the resistance, in which it has been moving over the past week. And now the price is showing confident movement. After touching the support line 1818.59, the price started to grow, then moved with a minimal change in positions for several days. And now it has definitely continued to...
Since the beginning of this trading week, price has consistently met our targets. First, after breaking through the resistance line at 1.215, the price started falling. Then it stopped and turned around in order to work out the correction and consolidate on the...
During a long uptrend that began in September 2020, the price came to a small resistance zone at 1.368. The price touched this zone at the intersection of the zone and the resistance line guiding the trend movement. The first touch occurred in early January and for the last three weeks the zone has been holding back the price growth every time it reverses to a...
The price of this currency pair has been characterized by an uneven movement in recent months, which is accompanied by strong collapses and equally strong growth spikes. However, we can still say that since the fall of 2020, the price has been in an uptrend. The main lines of this trend are the resistance formed in October and the support formed in November 2020....
At the beginning of this year, the price of the currency pair showed strong growth, during which it broke through the 0.987 resistance line - formed in September 2019 - and came to the 0.990 resistance line. After touching this line, the price reversed in the fall and stopped only at the 0.981 support line. These two lines formed a descending channel, in which the...
Since November last year, we have seen the price of the index move in a strong uptrend, formed within two lines: support - September 2020 and resistance - November 2020. Apart from a few false breakouts of the support line, the price generally follows the trend and continues to grow. At the beginning of the trade, it touched the resistance line 3831.9 and fell to...
Yesterday we talked about the fact that for the last week the price has been stuck in the zone between two lines and from this position the price movement can develop in two directions. An important expected moment in both cases is the breakdown of the resistance line 1873.32 or its...