GOLD 👉New forecast The market is in range zone after impulse move down. The price is moving toward the resistance zone and upper border of the channel. The price is potentially creating a range and I think it might go down if price rolls back to recent resistance where price fall from it before. If the price rejectes the resistance zone at 2036 -2040 there's...
AUDUSD The price perfectly fulfills my last idea and it went down to support. The market broke through range zone and made new extension up. I look forward to pullback to the swing zone and if price makes a fake break at support level and trendline, I think price may go up because price is gaining bullish momentum by updating swing highs. My goal is to resistance...
EURUSD The price perfectly fulfills my last idea. The market reached the predicted level. The price made impulse move breaking through the descending channel and fixed above it. Currently, the market is testing amin resistance zone and possibly it will retest the support before continue trending. I think that the most logical place to enter is previous...
GOLD The price perfectly fulfills my last idea. The price reached the targeted zone. After building a double top, the gold market broke and fixed below its key price level at 2000. Price action is now back in a possible range zone. If the market fails to display enough strength to penetrate the range zone, I think it could fall from the zone because we can see a...
EURGBP The market in the descending channel and now price is pulling back towards the resistance again after testing the support level and impulse leg down. The price is near the the resistance zone and trendline. I look forward a pullback to support from resistance because price made a fake break. I think price will go down because the main trend is bearish . My...
EURUSD The ascending triangle pattern and range zone were created by the price action. Price is approaching the main zone of resistance. Price updated its highs, and it is likely to break the triangle formation before creating a new swing high. In my opinion, the market will test the main resistance again. I anticipate a breakout followed by expansion toward...
USDCAD The market is pulling back after impulse move downward. It shows bullish momentum is weakening because the main trend is bearish. The asceding channel is pullback. I expect fake breakout of the resistance or double top, then fall from the zone if the price ramains below it. My goal is support around 1.34030
EURUSD The price action formed the range zone and triangle pattern. The price is heading towards resistance zone. Price updated its highs and it probably will break through the triangle pattern, then make a new swing high. I think the market will retest the main resistance. I expect breakout, then a growth towards main resistance zone . My target is resistance...
EURUSD The price perfectly fulfills my last idea, it's heading toward support level from resistance zon. The market recently pulled back to the resistance after breaking through the descending channel. The price action formed a double top at the zone. I expect the price move downwards to retest the support level. My goal is a support around 1.09000 ➖➖➖➖➖➖➖➖➖ My...
EURUSD The price perfectly fulfills my last idea, it fell from resistance zone and hit the target. The market broke throug the previous daily low and fixed below it. The price is pulling back to the resistance after impulse move downward. I expect the price to come up to the nearest resistance and small range and then move downwards to main global upward...
EURUSD The price perfectly fulfills my last idea. It hit the targeted level. The price reached a strong resistance zone on the daily timeframe. The market is overbought, and it fell below the psychological resistance at 1.1000; therefore, the price may drop from it because the market bounced off from the resistance area before by making an impulse leg down. I...
EURUSD The price perfectly fulfills my last idea. It hit the target. The market is ranging near the resistance zone. Additionally, there's a divergence on the RSI indicator on the 1H timeframe and overbought conditions on the 4H timeframe. The price may drop. The market is struggling to make a new high because it reached daily resistance zones. I expect the...
GOLD The price perfectly fulfills my last idea. It's heading toward the next resistance zone. The price formed a range zone after breaking the level and making the impulse move. I think gold will breakout of the range zone and go upward to restest the resistance zone at 2035–2040 and even daily resistace at 2050. I expect gold to range some time and go up if the...
EURUSD The price was pushed higher, and it broke above the resistance. The price is updating swing highs on the 4H timeframe, potentially forming a triangle pattern. I think the market may test the main resistance at 1.1000 if it pulls back to the support area and upward trendline, which is the downward channel border. My goal is the resistance zone at 1.09500.
GOLD The price perfectly fulfills my last idea. The market is heading toward the resistance zone from the support level. The price made a divergence at the support level and bounced off it. Price action formed a descending channel, which is just a pullback on the 4H timeframe, and recently the price broke through it. I think gold might make another pullback...
GOLD As I wrote in my weekly market preview, gold made a complex pullback toward the main support level. The market formed an ascending channel, and the price might retest the lower border of the channel. Currently, gold is around 50% of the previous week's move. I think gold will range at the current support level for some time, and bulls will attempt to push...
EURUSD The price dropped from the resistance zone by forming a fake breakout. The market failed to remain above the resistance that rejected the price twice before. A fakeout is going to be a price rejection that will show the price might go down a third time. Price action made a similar move on February. My goal is to support around lower border of the ascending...
GOLD The price pulled back after the level rejection. The price made an impulse move from the support level , and now the price has pulled back approximately one third of the bullish move. The market is near the upward trendline and swing level at 2000 flat. The price is forming a potential double bottom . I think gold might go upward to retest the resistance...