Fisher_Fx

Fisher_Fx

The price of gold has been moving sideways for the past couple of weeks. We can pay close attention to the support level right now. If the support is being breached, we can expect the price to go much lower to test the 1870-1880. Of course, it can still bounce from there. Currently, my bias is to the downside.

Fisher_Fx

The large bull flag pattern has been broken. The price is in a strong uptrend at the moment. Will be expecting the price to rise higher to test the resistance zone above!

Fisher_Fx

It is pretty clear that the uptrend has been broken down. The price has gone up for a quick retest and being pushed down quickly. We can expect more downside from this pair.

Fisher_Fx

Bounced at the support to retest the resistance above. A bear flag seems like has been formed as well. Looking for more downside!

Fisher_Fx

Currently, the price is sitting right above the upward trend line. Pay close attention to what the price is doing now. It could potentially be a false breakout and then goes back up. If having another candle closing below the line, could be a signal that the price is ready to go down.

Fisher_Fx

The uptrend for the 4hr has been broken, and now it is moving down nicely in a downtrend. Once the zone is broken down, expect more downside from this one!

Fisher_Fx

Support is broken, currently sitting above another one. Very likely to go lower!

Fisher_Fx

We can see that the price is at a strong resistance level ATM, looking out for rejections and time to go down!

Fisher_Fx

The price is now down to test the support level, expecting a bounce from this level!

Fisher_Fx

The large uptrend pattern has been broken, can expect it to go even lower now!

Fisher_Fx

The price of EURUSD tried to breakout from the downward channel, but it got pushed back down immediately. We can expect more downside

Fisher_Fx

The price of EURGBP has formed a large wedge right at a support level. The price could potentially break to the upside!

Fisher_Fx

Price of GBPAUD is at a strong resistance level right now. We can probably expect some rejections here

Fisher_Fx

The price of EURUSD is respecting the downward channel. As long as it does not break out from the channel, it can still go lower!

Fisher_Fx

Once the bear flag is broken, we can expect the price of AUDJPY to go down

Fisher_Fx

The price of EURAUD is at a strong resistance right now, currently is being rejected. Can expect more downside from here!

Fisher_Fx

Although the price of EURUSD is still in a downtrend, it is respecting the large downward channel. The price is currently pulling back and it is very likely to test the top!

Fisher_Fx

The price of gold is still in a downtrend right now. It is back up to retest the downward trendline, as long as it is not broken, it can continue going down!