#EURUSD 07 04 2021
#EURUSD the price of this pair develops in waves.
Growth waves (usually 2-3) and falling waves alternate.
As you can see on the Chart:
- in 1995 and 1998, two global waves of decline developed.
- from 2002 to 2008 - growth.
- from 2008 to 2015, the price was falling (with corrections, of course).
- and since 2016 it has started a new wave of...
#EURUSD 05 04 2021
Let me remind you that since the spring of 2020, the price has been moving in a global upward channel. In early January of this year, it came to the upper border of the global channel and pushed off from it at point 1.234. From that point on, the price fell, forming a smaller descending channel. During the fall in this channel, it came to the...
#EURGBP 05 04 2021
The price movement of this pair is characterized by strong price jumps. In 2019, it showed a rapid rise, but also plummeted from the resistance level of 0.928. Then she repeated the same rise-fall movement in early 2020. And already in April last year it touched the resistance level for the third time. From this level, the price reversed in the...
#USDCAD 05 04 2021
The price of this currency pair has been following a downtrend since April last year. During the fall, it managed to break through the strong resistance level 1.303 and the 2016 resistance line 1.291. Then it continued to fall in trend. The price made at least 6 touches of the main trend lines - the resistance of April 2020 and the support of...
#XAUUSD 02 04 2021
After rising from support level 1684.17, the price showed strong growth towards resistance.
I expect it to touch the 1739.98 resistance line (Jul 2020).
Then it will push off and fall back to the support.
The target is 1640.79.
Last week the price broke through the resistance of 57817.5 and fell into the trend.
Then it bounced off support 51025.6.
I expect the price to touch the resistance zone (January line + March 2021 zone) 60716.5.
Then it will fall at the support.
Target - 54173.1.
#CADJPY 02 04 2021
After the breakdown of the 84.15 line, the price rose to the resistance (channel border) at 87.93.
Then it rolled back and consolidated at the 88.30 line.
I expect the price to collapse from this point.
She will drop to support.
The target is 85.42.
#AUDCAD 02 04 2021
From the strong resistance of 0.998 the price fell to the support zone of 0.952. In this zone, the channel line and the March 2018 support line intersect. I expect the price to start rising from this zone.
The goal is 0.997.
#XAUUSD 01 04 2021
Over the past year, the price of gold has experienced several strong surges. The first fell on the second wave of covid, then there were elections in the United States, and in January - riots in Washington. Gold dropped after each jump. As a result, the price dropped to the support zone of 1675.94. From this zone, it jumped in early March, then...
#EURAUD 01 04 2021
Since May last year, the price has been falling in a trend that was guided by two lines - resistance, also formed in May and support, which appeared on the chart in January. At the same time, the price made false breakouts of both lines. After a strong breakdown of the resistance line, the price returned to the trend at the end of last year -...
#CADJPY 01 04 2021
In 2021, there were two important breakdowns of the support lines at points 83.80 and 86.07. The first breakdown was in February, the second in March. And both of them speak of strong price growth. Since the first line, which the price broke in February, was formed in May 2013, and the second, which the price broke in March, appeared back in...
#AUDCAD 01 04 2021
After breaking through the historically strong level of 0.974 during the fall, the price returned to the zone of strong support, which is formed by two lines: July and February 2020. It is important to note that the February 2020 support line served as the basis for the price rise from 0.925 in October last year. And it was during the growth...
#EURGBP 31 03 2021
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...
#EURUSD 31 03 2021
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...
#XAUUSD 29 03 2021
(the upper border of the growing channel) 1695.91.
I expect the price to be:
1 - will rise to the resistance level of 1785.48.
2 - breaks the support 1710.45 (and fixes).
3 - will break through support 1618.17 and continue to fall.
Target - 1540.11.
#EURUSD 29 03 2021
The price continues to move in a falling channel. The fall started from the resistance zone 1.234.
After the price bounced off the 1.176 support, I expect a new growth to start.
The target is 1.194.
#EURUSD 26 03 2021 However, in early January, the price came to the resistance line - the upper border of the channel - 1.234, after which the decline began. During this fall, the price formed a downward channel. And as a result, falling in this channel, it was able to break through the resistance line 1.197 - the lower border of the ascending channel. This is an...
#AUDUSD 26 03 2021 The first line is the border of a small descending channel, which was formed in December 2020. The second one appeared in May 2020. And the last one is the oldest, the first touch of which happened in September 2019! Despite the fact that after the false breakdown of the 0.777 resistance line that took place last week, the price dropped...