#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...
#GBPUSD 05 04 2021 During the rally in an uptrend that began in May last year, the price was able to break through several strong and important lines on the chart. First, this is the 1.341 support line from April 2020, then the 1.376 resistance line from January 2019. After the breakdown of this line, the price reached its local maximum - resistance zone 1.418....
#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...
#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.
#XAUUSD 26 03 2021 resistance of 1748.07. However, during this entire time, the gold moved along the line. Since Tuesday, I have extended the forecast for the fall. The price started moving on Wednesday. Yesterday it finally unhooked from the resistance line and dropped several points. I am confident that after gold broke through the resistance of 1773.86 in...
#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...
#EURGBP 26 03 2021 the price did not stop until February of this year. At this time, it broke through the resistance level 0.866 and the support line 0.869. However, then she returned to the line. The price movement along the line has formed a support zone since February this year. The last time the price rallied from this zone was a week ago, but then returned...
#AUDCAD 26 03 2021 price was able to break through this level and moved above it for some time. But in the end, in March, it fell again, broke through the level, fixed on it and continued to fall. The fall in the price stopped only at the support zone of 0.953. This is a pretty strong zone that consists of the January and August 2020 support lines. You can already...
#XAUUSD 24 03 2021 We continue to observe the formation of a fall in the price of gold. Let me remind you that yesterday we expected that the gold will reverse from the resistance line 1751.13 and begin to fall. And so it happened. The fall began for several reasons. Firstly, this resistance line is very strong - it has existed since August a year has passed and,...
#GBPUSD 24 03 2021 This week we have seen a strong price collapse from the resistance line 1.393. This line appeared on the chart in December 2020. During its existence, there was one strong breakdown, but after its completion, the price fell again, returned behind the line and continued to fall to support. Now the price is not far from the strong support zone of...
As I said last weekS ...EJ closed 1 week and 1 month below the trend line which makes me believe that W is over and now it should drop at least 200-250 pips until it makes the next major move! (see also analysis for 1 week) I will continue to look for SELL on EJ for at least 200-250 pips! However, a close even for 1 day over 130,200 forces me to think of BUY up to...
XAUUSD 19 03 2021 The price continues to move in line with my past predictions. First, the price came to the support line, broke through it, consolidated and continued to grow. Then the price continued to rise and came to the correction zone, which I also mentioned earlier. After the rollback, the price again touched the support zone 1734.01, thereby working out...
EURCAD 18 03 2021 Now the price is at a very important moment. For the first time in a year, it returned to the support level of 1.482. The last time the price touched this level was in February 2021, when it broke through and showed an increase. Despite the fact that the price has been in a small downtrend since July 2020, it nevertheless moved quite high above...
EURUSD 17 03 2021 Since we make a forecast for large time frames, one should not expect very rapid growth. Now we expect that the price will continue to rise from the support line and, through a correction, will come to the resistance zone at the intersection of the February 2020 line and the December 2020 zone. Thus, my final target is the resistance zone of 1.207
USDCAD 17 03 2021 After the price fell from the resistance line 1.273 and broke through the resistance line 1.259, it stopped at the support line 1.243. Then it bounced off it, but again adjusted to the line. Today the price is in position 1.244 and I think it is ready for growth. I expect the price to rise from the support line to the resistance area of 1.259.TARGET
EURUSD 16 03 2021 Yesterday a long-term forecast for the development of the Eurodollar. It is important to note that during the fall at the end of February, the price was able to break through the strong resistance line at 1.197. This line has existed on the chart since February last year. After the breakout, the price dropped to the support line and then rose...
AUDUSD 16 03 2021 The price movement is determined by the support and resistance lines that appeared on the chart last spring. These lines give a small upward bias to the price so that it continues to rise all this time. At the beginning of the year, another one joined the main lines of the chart - formed at the point 0.782 during a small downtrend. Now the price...