Hello everyone!
#EURUSD
The price broke resistance line during the fall at 1.195 in March 2021. Then it consolidated and fell to the 1.169 support. From which it then grew again to the line 1.211.
I expect the price to drop again to support.
The target is 1.179.
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#USDCAD
In March, the price touched the 1.238 zone: channel line + March 2019 line. The price almost touched the resistance at 1.268 and dropped again. I expect the fall to stop at the fears of the line (2019) 1.232. After which it will push off and grow again.
The goal is 1.257.
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#GBPUSD
Last week the price touched the resistance level at 1.400. Then it collapsed and struck:
- resistance 1.394.
- support 1.387.
After the second breakout, the price dropped to support 1.382 (February 2020). Bounced off the line and returned to support 1.388. From this position, I expect the price to rise to resistance.
The target is 1.395.
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#GOLD
Now the price is below the resistance level 1785.48.
In July last year, the price broke through it during the growth.
And in February 2021 during the fall.
The current breakdown is false.
I expect the price to fall from this level.
The goal is 1710.90.
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Hello everyone!
#EURUSD
At the end of March, the price came to the support zone of 1.168. The main trend line (March 2020) and the falling channel line (January 2021) intersect here. The price jumped from the support. It has broken through the line of support (the border of the falling channel) 1.198. Then it rose to the resistance line (February 2020) - 1.214. I expect to fall from this point to support.
The target is 1.190.
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#EURCAD
After the breakdown of the channel in March 2020, the price increased. Additional resistance lines formed at the growth highs: May and July 2020. In March of this year, the price dropped from these lines and broke through the resistance at 1.515. After returning to the channel, the price made a false breakout of the 1.487 support line. However, it then rose to the resistance level 1.518. And from it again fell to support (lower limit) 1.489. I expect the price to bounce off the line and rise to resistance (May 2020).
The target is 1.514.
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#USDJPY
After a false breakout of resistance, the price fell back to support.
After an unsuccessful attempt to break through this line, the price turned upward. Fixed on support 108.67.
I expect continued growth.
The target is 109.77.
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#GOLD
At the beginning of the month, the price increased from calling support 1684.17. And last week it touched the resistance 1802.38.
After the first touchdown, the price rolled back but returned to the line. Now it stands at 1792.73. I expect the price to fall after the second touch.
The target is 1722.74.
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Hello everyone!
#EURUSD
Reasons for the fall:
1 - strong growth from trend support 1.170 throughout the month (correction is needed)
2 - the breakdown of the January 2021 support line at point 1.191 weakened the price.
3 - the strong resistance line of August 2020 at which the price is at 1.215.
The target is 1.184.
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#CADJPY
The next step I expect is falling.
The main reasons for this are:
1- strong resistance line 83.39 - trend line of June 2020.
2 - the fact that during the entire existence of the turn, its resistance has never been broken through.
Price will be paid to support.
The goal is 86.11.
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#GBPUSD
Now I am expecting the following price movement:
1 - fixing on the line at point 1.395 (the price worked out this movement today).
2 - falling to support 1.388 (strong line of December 2018).
3 - growth to the resistance line.
The target is 1.396.
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#GOLD
The reasons for the fall are as follows:
1 - strong resistance line for August 2020 (the only breakout - false - was in January of this year).
2 - additional resistance April 2020
3 - the fact that the once has been in this resistance zone 1786.19 for a week (since April 20).
You can sell from the resistance of 1776.01.
SL - 1789.84.
TP - 1728.00.
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