#EURGBP
And so, Recently ago, the instrument tried to break through the descending resistance line three times. The difficulty may lie in the downtrend and the fact that the resistance is strong enough, since the trend resistance coincides with the one that was formed back in April 2020. I expect consolidation below the level of 0.8671 with a further breakdown upwards.
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And so, Recently ago, the instrument tried to break through the descending resistance line three times. The difficulty may lie in the downtrend and the fact that the resistance is strong enough, since the trend resistance coincides with the one that was formed back in April 2020. I expect consolidation below the level of 0.8671 with a further breakdown upwards.
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#GOLD
So. Gold breaks the ascending channel to the top, strengthening its trend movement. The strongest bear hunt is underway. The instrument at the moment breaks through the resistance of 1906.800 and will most likely continue its movement. I assume either a consolidation at the level or a correction to the 1906.8 level after a small long movement with further growth to the important target - 1960.0
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So. Gold breaks the ascending channel to the top, strengthening its trend movement. The strongest bear hunt is underway. The instrument at the moment breaks through the resistance of 1906.800 and will most likely continue its movement. I assume either a consolidation at the level or a correction to the 1906.8 level after a small long movement with further growth to the important target - 1960.0
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You can see from the early analysis that the price is currently in Growth.
At the same time, on the nearer TF, we can examine the previously falling channel , which has passed into the Growing one.
Now the price is from a strong resistance level and the line is ready to show Growth.
The target is 1.245.
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#EURUSD
You can see from the early analysis that the price is currently in Growth.
At the same time, on the nearer TF, we can examine the previously falling channel , which has passed into the Growing one.
Now the price is from a strong resistance level and the line is ready to show Growth.
The target is 1.245.
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#AUDUSD
The Australian dollar has rested against the support of the rising channel at 0.775. The instrument at the moment of time is in the range, that is, it is gaining energy for further movement, a false breakdown is a property of gaining energy. Therefore, in the near future, I expect from the currency pair a false breakdown of the lower border, seizure of liquidity, a return for the upward support level and the achievement of the nearest target - resistance 0.8000
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The Australian dollar has rested against the support of the rising channel at 0.775. The instrument at the moment of time is in the range, that is, it is gaining energy for further movement, a false breakdown is a property of gaining energy. Therefore, in the near future, I expect from the currency pair a false breakdown of the lower border, seizure of liquidity, a return for the upward support level and the achievement of the nearest target - resistance 0.8000
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#USDCHF
The instrument made a breakout of the channel support - 0.902, but if we look at the previous breakout moments, then later they turned into deep false breakouts, so we won't consider it a true breakout ahead of time, but the sellers' initiative is clear to us. I expect a decline in the currency pair after the end of the correction to the key point - 0.87587
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The instrument made a breakout of the channel support - 0.902, but if we look at the previous breakout moments, then later they turned into deep false breakouts, so we won't consider it a true breakout ahead of time, but the sellers' initiative is clear to us. I expect a decline in the currency pair after the end of the correction to the key point - 0.87587
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#GOLD
Gold continues to rise. The instrument overcame the path of almost $ 103 without a rollback, at the moment it is at the upper border of the ascending channel , having previously broken through a strong resistance level . I expect in the near future a correction to the level of 1874.1, with further growth to 1958.5.
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Gold continues to rise. The instrument overcame the path of almost $ 103 without a rollback, at the moment it is at the upper border of the ascending channel , having previously broken through a strong resistance level . I expect in the near future a correction to the level of 1874.1, with further growth to 1958.5.
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Since the beginning of the week, the instrument has been consolidating at the strong support 1.21746, continues to be in the buy zone, but before going up and ditching the highs, it will need to try to break through the strong upward resistance. The trend is upward, the instrument does not roll back downward, updating local lows, I suppose that the bullish trend will continue its movement. I expect growth from 1.21746 to 1.235
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#EURUSD
Since the beginning of the week, the instrument has been consolidating at the strong support 1.21746, continues to be in the buy zone, but before going up and ditching the highs, it will need to try to break through the strong upward resistance. The trend is upward, the instrument does not roll back downward, updating local lows, I suppose that the bullish trend will continue its movement. I expect growth from 1.21746 to 1.235
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#EURGBP
The breakdown of the ascending channel turned out to be true and the tool reached support at 0.8582.
Stopped and continues to consolidate.
I expect a downward movement to support 0.8560 at the end of the consolidation
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The breakdown of the ascending channel turned out to be true and the tool reached support at 0.8582.
Stopped and continues to consolidate.
I expect a downward movement to support 0.8560 at the end of the consolidation
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#USDJPY
The currency pair is in an upward channel, there have been attempts to break through the borders, but these are only false breakouts - liquidity seizure. At the moment, the tool is at resistance, having previously updated local tops. I expect the instrument to fall to the support of the channel to the value of 108.70
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The currency pair is in an upward channel, there have been attempts to break through the borders, but these are only false breakouts - liquidity seizure. At the moment, the tool is at resistance, having previously updated local tops. I expect the instrument to fall to the support of the channel to the value of 108.70
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#GOLD
After a deep false breakout, gold begins to correct, possibly directed towards a strong upward support level . The instrument is in a growing channel, I think that a false breakout will not give a large reaction in such a trend, there is a need to update the local high 1912.0 before larger targets 1960.0
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After a deep false breakout, gold begins to correct, possibly directed towards a strong upward support level . The instrument is in a growing channel, I think that a false breakout will not give a large reaction in such a trend, there is a need to update the local high 1912.0 before larger targets 1960.0
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#EURUSD
At the end of last week, the instrument consolidated at the lower border of the ascending channel ,
at the strong support of 1.2172, having made a false breakout and presumably headed up.
I expect the movement to continue until the January peak - 1.2347
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#EURUSD
At the end of last week, the instrument consolidated at the lower border of the ascending channel ,
at the strong support of 1.2172, having made a false breakout and presumably headed up.
I expect the movement to continue until the January peak - 1.2347
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#GBPUSD
The instrument is in the ascending channel . The trend is growing. A triangle-like pattern is forming between strong resistance 1.4226 and the support of the ascending channel . We have a clear resistance at 1.4226 and ascending local minimums. I expect the currency pair to update the nearest tops and, after the breakdown of the level 1.4226, the long-range resistance of 1.4376 will be reached
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The instrument is in the ascending channel . The trend is growing. A triangle-like pattern is forming between strong resistance 1.4226 and the support of the ascending channel . We have a clear resistance at 1.4226 and ascending local minimums. I expect the currency pair to update the nearest tops and, after the breakdown of the level 1.4226, the long-range resistance of 1.4376 will be reached
———————
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#USDCHF
The trend is downward. Inside the channel, the price came up at the upper border.
I think that either a rebound from this 0.901 boundary or its false breakout will be completed.
If we pay attention to the global chart, we can see the breakdown of the channel and the entry of the price for the correction.
I expect to see a consolidation below the support of the channel and further downward movement towards a strong support - 0.8758
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The trend is downward. Inside the channel, the price came up at the upper border.
I think that either a rebound from this 0.901 boundary or its false breakout will be completed.
If we pay attention to the global chart, we can see the breakdown of the channel and the entry of the price for the correction.
I expect to see a consolidation below the support of the channel and further downward movement towards a strong support - 0.8758
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#GOLD
Gold at the moment continues to be in the ascending channel .
The trend is strong upward.
The key point to which the instrument is heading is 1958.5, a strong historical level.
I expect a small correction with support, which formed inside the channel and is clearly visible, with further upward trend movement.
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Gold at the moment continues to be in the ascending channel .
The trend is strong upward.
The key point to which the instrument is heading is 1958.5, a strong historical level.
I expect a small correction with support, which formed inside the channel and is clearly visible, with further upward trend movement.
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#EURUSD
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At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level.
Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment.
At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance.
Now we see the beginning of the upward movement from the support 1.2177.
I expect an update of the peak 1.23496 and further growth towards strong resistance
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#EURUSD
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At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level.
Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment.
At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance.
Now we see the beginning of the upward movement from the support 1.2177.
I expect an update of the peak 1.23496 and further growth towards strong resistance
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#NZDUSD
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The instrument is in an uptrend. At the moment, it moves in an upward price channel . We came to the resistance 0.7315 the first time with this channel, we did not break through the line, but the currency pair enters the retest of the 0.7315 level without updating the lows and breaking the picture.
I expect the price movement to continue, resistance breakdown and achievement of the global target - resistance 0.74328
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The instrument is in an uptrend. At the moment, it moves in an upward price channel . We came to the resistance 0.7315 the first time with this channel, we did not break through the line, but the currency pair enters the retest of the 0.7315 level without updating the lows and breaking the picture.
I expect the price movement to continue, resistance breakdown and achievement of the global target - resistance 0.74328
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#BTCUSD
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The cryptocurrency is in a downtrend in a channel.
Moreover, it is sandwiched between the support of the channel and the resistance formed inside.
The false breakout of the support did not change much the picture, the price continues to go down.
The instrument is being pressed by sellers,
I expect a consolidating downward movement with a breakout of support and reaching the key mark of 30000.0
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The cryptocurrency is in a downtrend in a channel.
Moreover, it is sandwiched between the support of the channel and the resistance formed inside.
The false breakout of the support did not change much the picture, the price continues to go down.
The instrument is being pressed by sellers,
I expect a consolidating downward movement with a breakout of support and reaching the key mark of 30000.0
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