At the end of March, the price broke through the resistance at 0.716 and thus left the main uptrend, which had been continuing since April 2020. After that, the price continued to fall in a smaller downtrend. However, at the end of March, it bounced off the support 0.693, rose and broke through the trend line at 0.704. After that, she continued to grow. Now we can...
Last week ended with the price breaking through the support level of 1760.82. After that, it continued to grow and came to the resistance line of 1791.20. This heavy line of resistance emerged in August 2020. Despite the rare breakouts of the line (for example, during the turmoil in the US in January), the price fell after each touch of the line. Therefore, now we...
At the beginning of the month, the price broke through the support line - the border of the falling channel - 1.187. This channel was formed at the beginning of the year and the price has followed it all these months. Can we now talk about a trend reversal and the beginning of strong growth? I think that in the near future the price will rise to the resistance...
The price consolidated in the resistance zone 153.27. This zone is at the intersection of the corrective rally (from March 2020) and the strong 2007 resistance line. Over the past month, the price has touched this zone twice. I take this as a good fixation and believe that now we can expect a fall. The price will go down to the support line at 145.50.
Remember,...
Gold has come to the level of 1763.01. This is a fairly strong resistance level, which was broken through in February 2021. After the breakout, the price fell to the no less strong support level of 1677.63. After that, it made the first rebound, stopped at the resistance line 1743.36, and fell back to the level. And already having rebounded for the second time, it...
The price still continues to rise minimally, but I am nevertheless confident that this short rise will only be a false breakout. The price has recently broken through the 1.192 resistance zones. In which the line of the beginning of the year and the line of March 2020 intersect. After this breakdown, we can expect that the price will finally begin to fall, return...
Since the beginning of April, the price has been at the local price zone 130.31. The first time the price touched it back in March, near the trend line, which has existed since 2019. Then it fell to the trend support 128.26 (May 2020), bounced back and rose again to the resistance. The price has been at this resistance since April 4 and now we can expect it to...
The price is still at the resistance level of 1760.82, to which it came at the end of last week during the growth from the support level of 1677.45. Despite the fact that the price has practically not left the resistance zone for the last week, it can be expected that it will eventually fall (as it already happened from this level) and come to support at...
Since the beginning of the year, the price has been falling in a downtrend from point 1.234. During this fall, a channel was formed, but after the breakdown of the resistance line in April at point 1.187, the price left the channel. Now it has almost grown to the local resistance line, which formed at the tops of price breakouts. We can expect a fall in the price...
Since yesterday, the price has increased minimally and is again in the process of reversal. I will extend my forecast as I still believe that this growth and the breakdown of the border of the descending channel is only a correction, the breakout will turn out to be false and the price will return to the channel. I expect the price to start global growth only from...
Since June 2020, the price has been falling in a downtrend almost without breaking through its main trend lines. After each touch of the resistance line (June 2020), the price starts a small downtrend to support. Now the price is at the resistance level 1.259, which it reached at the end of March. We can expect a fall in the price to support 1.238.
Remember,...
Let's consider a long-term forecast on a weekly chart. The price is following a global trend between the historically strong support level of 74.92 and the resistance line formed in 2015. After each touching the line, the price collapsed and touched the level sooner or later. Now it stands close to the 88.54 line. we can expect the price to touch it and fall in...
During the fall in the global downtrend, which began in August immediately after the rapid rise in the price of gold (due to the unstable world situation), the price was able to break through the strong resistance level 1763.01 and is now moving between this level and the support level 1677.63. At the end of last week the price bounced off the resistance level and...
The price is in a strong resistance zone at 1.193. In this zone, the resistance line of the global uptrend (which the price left in March of this year, breaking through the resistance at 1.186) and the resistance line of the minor downtrend formed in January 2021, cross. Now we can expect that the price will push off against the resistance and continue to fall...
Since the beginning of February this year, the price of the low-value pair has been falling in a downtrend after it bounced off the main resistance line at 0.745. During the fall, the price was able to break through the border of the main uptrend 0.717. Then it continued to go down in the channel and eventually came to the resistance of 0.703. Now we can expect...
I am bearish for UBER on the short term based on technical analysis and I have pointed everything out I look for. I will explain each aspect from Upper Left to Bottom right in order. Everything is also color coded.
Sell signals: Red sell signals are given by Guth 3x confirm and D+ both of these scripts use formulas based on market to provide accurate sell...
The price continues to fall in a downtrend that began in August last year, when investors began to massively sell gold. Now the price is in the correction zone - a pause - between the resistance level and the support level. And it stands just at the resistance level of 1760.82. We can expect the price to fall from this level to the support level of...
Last week, the price broke through the resistance line of the bearish trend at 1.187. This rent was formed at the beginning of the year when the price started to fall from position 1.234. However, after breaking the line, the price stopped at the resistance level of 1.192. And now we can expect the price to fall, break the trend line, fix at 1.181 and fall to...
