As I said earlier, the price first fell from the resistance zone 1742.67. And then it came to the support level of 1675.96. This is a strong level, which started the price growth last spring. Therefore, even now I expect the price to rise from it. Moreover, two strong lines of support last August run alongside. I expect the price to rise from support level...
As you remember, the price has been moving in a downward channel since January of this year. This movement began after the price stopped its growth in the resistance zone of 1.234. And after that she began to fall. Now the price is on the support line of the channel 1.171. It is important to note that in addition to this line, one of the main price levels also...
In February, the price broke through the strong resistance level of 0.866. The last time it was at this level was in March 2020. This breakdown was a continuation of the downtrend, which has been continuing since September. However, now the price is near the strong support zone of 0.851, where two lines of 2020 intersect at once. And I expect the price to bounce...
At the very end of last year, the price came to the support line around 103.10 and started an uptrend along this line. During the growth, the line acted for the price either as a support or as a resistance, but at the beginning of March the price broke through the line during the growth at the point 107.37 and used it as a support for the growth. During this...
Over the course of two weeks, you and I watched the price move along the resistance zone and expected a fall. And now, finally, yesterday the price started to move and fell towards the support line. The fact that the fall will happen sooner or later, I said all last week. It is important to bear in mind here that since August 2020, the price has been following a...
As I said yesterday, the price first bounced off the 1.175 support line, and then returned to it again, consolidating at the 1.174 point. This movement continues to fall in the price in the descending channel, which formed at the beginning of the year after the price bounced off the resistance of the older channel 1.234. Now the price is close to the strong...
Over the course of two weeks, you and I watched the price move along the resistance zone and expected a fall. And now, finally, yesterday the price started to move and fell towards the support line. The fact that the fall will happen sooner or later, I said all last week. It is important to bear in mind here that since August 2020, the price has been following a...
As I said yesterday, the price first bounced off the 1.175 support line, and then returned to it again, consolidating at the 1.174 point. This movement continues to fall in the price in the descending channel, which formed at the beginning of the year after the price bounced off the resistance of the older channel 1.234. Now the price is close to the strong...
The price of this currency pair has been steadily falling since June last year. During the same period, a downward channel was formed, which guides the price movement. At the same time, during the entire existence of the channel - that is, for almost a year - the price made only one significant false breakdown of the resistance line. This happened at the end of...
In February of this year, the price of the currency pair touched the 84.7 support line, after which it collapsed greatly. The price stopped only at 73.6, where it was picked up by the younger support line. This happened in early March and the price is still in a growing trend. In the course of this trend, it was able to break through the old support line at 86.06...
The global upward price trend has been maintained since February-March last year. However, it grows in leaps and bounds, often making strong pullbacks and breakouts of the leading lines. In December, the price once again rose strongly and was able to break through the resistance line at 0.958 and then at the level of 0.974. However, in early March, the price broke...
The price has been moving in an upward channel since January this year. And during all this time, she made only one tangible breakdown of the support line. It happened in February. Otherwise, it is a very strong channel. Now, during the growth, the price came to the upper border of the channel, the resistance line 93.1. At the same point, another stronger line,...
The price has continued to move in a global downtrend since August. And also - like all last week - along the resistance line, in the middle of this channel. A zone has formed at this resistance line, in which a strong level and another line inside the channel are also crossed. The price has been moving along this line throughout the week. During this time, the...
Since October 2019, the price has been moving in an upward channel with minimal breakouts. However, in January of this year, it came to the resistance zone of 1.238 at the intersection of the resistance lines of the two channels and began to fall. During the fall, a younger downward channel was formed, which continues to this day. Falling in this channel, the...
The price has continued to move in a global downtrend since August. And also - like all last week - along the resistance line, in the middle of this channel. A zone has formed at this resistance line, in which a strong level and another line inside the channel are also crossed. The price has been moving along this line throughout the week. During this time, the...
Since October 2019, the price has been moving in an upward channel with minimal breakouts. However, in January of this year, it came to the resistance zone of 1.238 at the intersection of the resistance lines of the two channels and began to fall. During the fall, a younger downward channel was formed, which continues to this day. Falling in this channel, the...
The price has been actively increasing since April 2020. At the same time, of course, there were collapses, but in general, the upward trend has been preserved all this time. The basis of the growth is the support line, also formed in April. During the growth, the price was also able to break through the 1.340 support line, which had previously been a correction...
In early March, there was an important breakdown of the 0.915 support line and then immediately - the 0.918 level. This breakout became the basis for the price growth, before that it moved under the support line using it as resistance. But now both the line and the level will give the price strong support. This means that the price may continue to move in an...