#GBPUSD 21 04 2021
At the end of February, the price reversed from the strong resistance zone 1.416 where the lines of June 2018 and March 2013 intersect. After that, the price began to fall and formed a downward channel. Falling in this channel, the price came to the support line 1.375. This line was formed in April 2020 and is quite strong despite breakouts....
#CADJPY 21 04 2021
And one more pair that perfectly fulfilled my previous prediction! Let me remind you that last week we talked about the fact that the price will reverse at the strong resistance zone 88.39, where the historically strong resistance level and the line of 2007 intersect. As we can see today, this is what happened. The price bounced off the...
#EURUSD 20 04 2021
The price continues to stand at the resistance line in the area of 1.207 and therefore I extend my previous forecasts - I continue to expect a fall from the resistance. Let me remind you that since March last year, the price has been moving in an upward trend. In January of this year, it fell from the upper bound of the trend - 1.237 to its...
#USDJPY 20 04 2021
The price is at the support line, getting ready to make a correction to the fall and rise to the reversal. Let me remind you that during the growth in a downtrend, at the beginning of this year the price bounced off the support line 102.58. After that, it rose strongly and stopped only at the resistance zone of 110.69. At the point where the...
#EURAUD 20 04 2021
In October 2020, the price touched the resistance line at 1.677. This is a very strong line - the border of the main trend formed in July 2013. After touching the resistance level , the price fell and formed a downtrend. In March of this year, the price touched the support zone 1.527, started to rise and broke through the trend line 1.543....
#EURUSD 19 04 2021
Since March 2020, the price has been moving in a global upward channel. And during this movement at the beginning of this year, it touched the resistance line 1.237 - the upper border of the channel. Then the fall began. And now we see that falling in the channel the price has come to the lower border of the main uptrend in the support zone of...
#GBPUSD 19 04 2021
After the price came to the resistance zone 1.417, formed at the intersection of the 2018 and 2013 lines, at the end of February, it fell. During the fall, the price formed a downtrend. Falling in this trend, the price was able to break through the resistance line of December 2018 at 1.384. Then it dropped to the support trend line...
#USDCHF 19 04 2021
In March of this year, the price broke through the 0.918 level during the growth, thus starting a new upward trend. Let me remind you that the price moved below this level for almost a year, breaking through it during the fall in July 2020. Now, after the breakdown, the price continued to grow and even managed to break through the resistance...
#AUDCAD 19 04 2021
Over the year starting in April 2020, the price has risen in an uptrend. The growth began after the breakdown of the support level of 0.915. After that, the price successively broke through the 2012 support line - 0942, then the 2019 resistance line - 0.962. And as a result, it stopped at the resistance line of January 2012 at 0.998. And from...
I didn't say that this post is 'red hot'. And I don't know if or when the housing market is going to crash. The captioned question in a popular search engine rose 2,450% in the past month! That must be super red hot! What's the RSI on that? 😄😂 Expand the chart by pressing the + icon, for a clearer view.
There is extreme chatter in the blogosphere about housing...
WORRYING TREND FOR NORMAL PEOPLE
WITHOUT ASSET EXSPOSURE.
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CASH IS BEING BURNED AT AN ALARMING RATE
TO BENEFIT WHO?
DO WE NEED HIGHER STOCK PRICES
IF THESE COMPANIES JUST HOARD THAT MONEY... AND ACQUIRE MORE ASSETS
WITHOUT INVESTING THAT FREE MONEY INTO JOBS?!
#EURUSD 15 04 2021
The price is now at the 1.196 support line, which has been on the chart since August 2020. The price came to this point by pushing off from the 1.171 support line - this line was formed in March 2020 and is the border of the global ascending channel. Since the price has such strong global support, and no less strong local support, I expect...
#USDCAD 15 04 2021
At the same time, the line itself was formed. Let me remind you that the price broke this line after the growth from the strong 1.238 support at the end of March. However, as is already clear, the breakout turned out to be false. Therefore, now I expect that after the breakout, the price, which has already completed the fixation on the line at...
+ Very Bullish pre & post covid, even more so post pandemic as an increase in online businesses and sales as a result of distancing etc + Regulatory fine may create opportunity for a long term entry
- Slightly unknown consequences from stricter Chinese regulation , how will future regs impact price - Incoming Fines effect on stock price.
#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...
#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.