EURAUD according to my analysis will go up first touching the 61.8% Fibonacci retracement level of the price 1.63828, before finally going back down again. If it turns out to be moving but crawling up past the price of 1.64196, it is possible that EURAUD will move up.
Let me analyze WTI from my point of view. If you look back at the chart above, at the 61.8% Fibonacci retracement level (Fib 1) at the price of 45.48 has been formed, which means we hope to sell it. The first target is at the price of 43.90 at the Fibonacci retracement level of 161.8% (Fib 2), and then the second target is at the price of 42.85 at the level of...
It seems that for some time in the future we expect to be able to buy USDJPY , because it can be seen from the displayed chart, there has been confirmation at the price of 104.022 touching the 61.8% Fibonacci retracement level (Fib 1).
Here I added a presentation of chart ideas that I previously explained on the previous chart (below). So there is a change, if the price moves upwards, above the price 49.05 (previously priced at 48.42, chart below at Fib 2 right), then the possibility will go up.
We can see from the EURAUD chart presented, that on November 25, 2020 the price has hit the 61.8% Fibonacci retracement level (Fib 1) at 1.62128 price.
It can be seen from the chart above, that the price of Brent (UKOIL) at 48.40 has touched the Fibonacci retracement at the 61.8% level (Fib 2 left) and there is a big possibility of a downward movement with the first target at 46.66 at the 161.8% Fibonacci retracement level (Fib 2 right), and continued with the second target at the price of 45.57 at the level...
So the GBPUSD price has touched 1.33674, at the 61.8% Fibonacci retracement level. As can be seen on the chart above, we expect the first downside target at 1.32869 at the 161.8% level, and further the second target at the price 1.32288 at the 261.8% level. If the price moves above 1.33808, the possibility will continue to rise.
It looks like a breakout movement above 29911 at the 61.8% Fibonacci Retracement level, so we expect the target to change to 30113 at the 423.6% level.
As we can see, the Fibonacci retracement at the 61.8% level has touched the price 29911, the expectation will decline down with the first target at the 161.8% level at the price 29639, and the second target at the 261.8% level at the price 29471. If the movement is above 29911, then the possibility bigger leads to continue the upward trend.
Let me present my idea, it looks like Platinum has touched the 61.8% Fibonacci retracement level at the price 953.066, and we hope to go to the first price direction in the 982.739 range at the 161.8% level, and the second price at the 999.925 range at the 261.8% level, but I personally prefer to set the profit point at the first price range. If the movement...
Silver has tested the 61.8% Fibonacci retracement in the 15-minute time frame, and we expect the first profit target to be achieved in the 23,586 price range and the second price range at 23,888.
Gold in a few hours after touching the 61.8% Fibonacci retracement, and we expect the first profit target to be reached in the price range 1824.45 and the second price range at 1837.96.
Gold in a few hours has tested the 61.8% Fibonacci retracement, and we expect the first profit target to be achieved at the 1824.45 price range and the second price range at 1837.96.