Currency pair US Dollar Canadian Dollar USD / CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2441. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates...
The four-hour chart of the EUR / USD pair. The currency pair failed to gain a foothold above the main support / resistance level, but the four-hour super trend line continues to be held. Therefore, the bullish scenario of the movement remains the priority. We are waiting for the price on the daily super trend line. Trading solution: buy 1.1575 take profit...
An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index (RSI). The second signal will be a rebound from the upper border of the "Triangle" pattern. Cancellation of the option to raise GOLD prices on November 9, 2021 will be a fall and a breakdown of the level of 1735. This will indicate a...
USD / JPY four-hour chart. The currency pair came out of the horizontal channel downwards. This is a signal of further development of the downward movement. Therefore, after a slight pullback of the price to the four-hour supertrend line, we are waiting for the resumption of the downward movement and the decline in quotations to the main support / resistance level...
GBP / USD four-hour chart. The currency pair has broken through the four-hour super trend line. This is a signal for the continuation of the corrective movement. After a slight rollback to the mark, we expect the upward movement to resume with the target at the level of 1.3611. This scenario will be canceled after the quotes drop below the four-hour supertrend...
The four-hour chart of the EUR / USD pair. The pullback movement continues to develop on the chart. The price has broken through the main support / resistance level today. This is a signal to continue the upward movement. Therefore, today, after a rollback to the four-hour supertrend line, we expect quotes to rise to 1.1627. Trading solution: buy 1.1580 take...
An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week on November 8 - 12, 2021 will be a test of the trend line on the relative strength index (RSI), as we can see, prices push up after the test of this line. The second signal will be a rebound from the lower border of the “Head and Shoulders” pattern. Cancellation...
USD / JPY four-hour chart. The currency pair remains in the horizontal channel. Now the price is in the lower part of the sideways trend, so we are waiting for the development of a moderate upward movement to the upper border of the sideways trend in the short term. This scenario will be canceled after the price consolidates below the 113.28 level. Trading...
GBP / USD four-hour chart. A pullback movement develops on the chart after testing the support at 1.3428. But in the medium term, the currency pair remains under strong pressure. The downward movement can be resumed from the four-hour supertrend line. The next pivot point is the intermediate resistance level 1.3550. Trading solutions: sell 1.3515 take profit...
The four-hour chart of the EUR / USD pair. A pullback movement develops on the chart after an unsuccessful attempt by the price to gain a foothold below the level. Nevertheless, the downward movement vector remains the priority in the medium term. We are waiting for the resumption of the downward movement either from the current levels from the four-hour...
XAU / USD quotes continue to move as part of the fall and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1790 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the...
GBP / USD four-hour chart. The currency pair fell sharply at the auction on Thursday. Now the price continues to hold below the four-hour supertrend line. Therefore, we consider the scenario with the further development of the downward movement towards the main support level 1.3428 as a priority one. Trading solutions: sell 1.34499 take profit 1.3428 Have a nice trade!
The four-hour chart of the EUR / USD pair. The currency pair was unable to stay in the channel for a long time. The price resumed its downward movement from the daily supertrend line. Now sellers are gradually increasing pressure on the level. Today we are waiting for the breakdown of this mark and a decline to the reversal level. Trading solution: sell 1.1517...
XAU / USD quotes continue to move as part of the fall and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1778 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the...
USD / JPY four-hour chart. The situation on the chart has not changed. The currency pair continues to move in a sideways direction. Most likely, in the coming days the price will remain flat. From the current position, we are waiting for a moderate decline in quotations in the direction of support on the daily supertrend line. Trading solutions: sell 114.30 take...
GBP / USD four-hour chart. The currency pair could not push through the level of 1.3611 and bounced up very strongly from it. At the same time, the currency pair completely ignores the main support / resistance level. All these signals indicate the possible development of sideways movement in the range. Trading solutions: buy 1.3620 take profit 1.3733 Have a nice trade!
The four-hour chart of the EUR / USD pair. The currency pair retested the resistance on the daily super trend line. The price bounced down once again, but here it is worth paying attention to the reaction to the level. The currency pair completely ignores this mark. At the same time, earlier the price bounced up from the level. All these are signals of the...
XAU / USD quotes continue to move as part of the correction and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1782 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset...