At the beginning of the month, the price touched the support line at 1.520. This support line is also the lower border of the descending channel in which the price has been moving since July 2020. Despite the breakdown in December-January, the channel is very strong. Therefore, I expect that the price will push off from the support line and get an impulse for new...
After the growth spurt in the last year's pair, the price fell into the zone between the two strong resistance levels of 1.838 and the equally strong support line formed in 2013. Moving between them, the price also broke through the level of 1.785. After another touch of the resistance level, the price reached the support level of 1.785 and this is an excellent...
Since June last year, the price has been moving in an uptrend, which is guided by two diverging lines. The last few months, starting in November 2020, the resistance line has become the main line for price movement. Since the price practically does not concern the support. Regardless, I expect that after the price has made a false breakout and reversed from the...
The GOLD price dropped a little more and is now in a strong support zone at position 1716.93. This zone is formed by two lines. The first one appeared in August 2020, the second stronger one - in July 2016! Now the main question for all investors is when exactly gold will stop and begin to grow. I think this support zone is the perfect starting point for growth....
At the moment, the price of the pair is standing still and I am extending my previous forecast. Let me remind you that after the price fell from a strong resistance zone, it stopped at the support level of 1.202. From this position yesterday, I expected a fall to the support of 1.196 and after that a new growth began. I am extending my forecast and also...
The GOLD price dropped a little more and is now in a strong support zone at position 1716.93. This zone is formed by two lines. The first one appeared in August 2020, the second stronger one - in July 2016! Now the main question for all investors is when exactly gold will stop and begin to grow. I think this support zone is the perfect starting point for growth....
At the moment, the price of the pair is standing still and I am extending my previous forecast. Let me remind you that after the price fell from a strong resistance zone, it stopped at the support level of 1.202. From this position yesterday, I expected a fall to the support of 1.196 and after that a new growth began. I am extending my forecast and also...
During the growth in an uptrend, which originates in December 2020, the price broke through the support zone of 0.904 and then came to the resistance zone. This zone consists of the resistance line of December 2020 and the strong level of 0.918. The price is on the line right now, but I expect it to rise a little more and be able to break it. After that, it...
At the end of February, the price of this currency pair dropped to the strong support zone of 0.859. In this zone, the level of support intersects as well as the senior strong line of July 2015. This zone stopped the prolonged fall in prices and turned it towards growth. However, after the growth spurt, the price returned to the zone again. I consider this...
This currency pair is also moving in a very strong downtrend channel that formed on the chart back in the summer of 2020. And in this channel there was only one significant breakdown of the resistance line. However, the support line is very strong. The price broke through the senior resistance line 1.545 long ago. She appeared in 2012. Then it dropped to support...
The price continues to move in the upward knaal that formed at the beginning of December 2020. This is a fairly strong channel - undoubtedly, line breakouts happened, but after each, the price returned to the trend boundaries again. At the beginning of this week, the price again tried to break through the resistance line at 91.17. And now it is behind this line,...
Gold bounced off the 1726.19 support line and returned to the 1750.36 support line. This is a hopeful rsot after the massive collapse that happened last week. The price bounced off a strong support line formed in June 2016. From this line, I expect the price to rise to the resistance zone. The price will first fix on the line in the area of 1745.68, after...
The price began to fall from a strong resistance zone, as I said in my previous forecast. Now is the time to update the forecast. The 10 hour TF shows that the price has been in a strong growing channel for a long time - since March 2020. Falling in the channel, the price approached its middle near the support level of 1.2013, after which it made several...
Gold bounced off the 1726.19 support line and returned to the 1750.36 support line. This is a hopeful growth after the massive collapse that happened last week. The price bounced off a strong support line formed in June 2016. From this line, I expect the price to rise to the resistance zone. The price will first fix on the line in the area of 1745.68, after...
The price began to fall from a strong resistance zone, as I said in my previous forecast. Now is the time to update the forecast. The 10 hour TF shows that the price has been in a strong growing channel for a long time - since March 2020. Falling in the channel, the price approached its middle near the support level of 1.2013, after which it made several...
The price started to fall from the strong resistance zone 1.416. This zone consists of two lines, one of which appeared in August 2018, and the other in 2013! The price collapsed from these two lines at the beginning of last week and is now in the process of a slight correction, however, I expect that after its completion it will continue to fall, as the...
Moving in an uptrend since April 2020, the price eventually came to the resistance line 130.23, which appeared on the chart in October 2019. Having touched this line, the price reversed and is now in the process of falling. I expect it to go down to the 127.86 support zone first. This zone is formed by two lines - May 2020 and August 2019. Therefore, I expect...
At the beginning of last week, the price touched the resistance line 0.799 and after that it collapsed. During the growth, it managed to break through the resistance line 0.784 and the level 0.775, after which it still stopped at the strong support line 0.771. This support line, like the rest of the lines on the chart, has existed on the chart since spring 2020....