Hello everyone!
#EURUSD
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EURUSD is trading in an ascending channel. The market is making shallow higher highs, indicating bearish pressure, and we might see some pullback. Price was rejected by psychological level 1.06000, and it is likely to pull back or consolidate at that level.
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#CHFJPY
🔥New idea - Link
CHFJPY is trading in the descending channel. The market is testing the resistance level (swing zone) and channel border. Price action is printing lower lows and lower close. The trend is bearish , so the price is likely to test the support level .
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#USDCAD
🔥New idea - Link
USDCAD moved out of the descending channel and created an ascending channel . The market is consolidating after bouncing off of resistance and dynamic resistance (trendline). Price is expected to fall from psychological level 1.35000. We expect the downtrend to continue since the trend is bearish.
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#GOLD
🔥New idea - Link
Gold failed to break through the psychological level of 1800 and the trendline. Price pulled back after making a higher high and higher close. The market is in consolidation, and price is likely to move higher and test resistance since we have a bullish trend. We are considering buying at the confluence level: the support and border of the channel, which act as dynamic support.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD bounced off the resistance level . The price action tested the trendline and closed below it, creating a double top. It failed to make a higher high, resulting in a potential Head&Shoulders pattern. We anticipate retest the support level.
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✅EURUSD№1 ✅EURUSD№10
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#EURJPY
🔥New idea - Link
EURJPY moved out of the descending channel . The market is testing the psychological level 144.000 by making a pullback. Price action is printing lower lows and lower close. The trend is bearish , so the price is likely to test the support level .
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#EURAUD
🔥New idea - Link
EURAUD has reached the major resistance level. The market is moving sideways. Price is approaching the resistance level that was respected multiple times before. Look left. We expect a further sideways move until the new trend is confirmed.
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#GOLD
🔥New idea - Link
GOLD moved lower, tested the support level , and created a double bottom . The market is creating a triangle pattern , and price is likely to move higher to test recent resistance. We expect a bounce-off from the support level .
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD bounced off the resistance level and went down as we predicted yesterday's session. The price action closed below the psychological level of 1.0500. The market is printing an equal-measured move, where D point is right at support level . We still anticipate retesting the support level .
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❌EURUSD№7 ✅EURUSD№16
✅EURUSD№8 ✅EURUSD№17
✅EURUSD№9
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#NZDUSD
🔥New idea - Link
NZDUSD is currently in the range after moving out of the ascending channel . The price rebounded from the strong resistance at 0.6400. NZDUSD and EURUSD have similar price action, and the market is printing an equal-measured move. I expect a bearish move if the range zone breaks out.
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#AUDJPY
🔥New idea - Link
AUDJPY is trading in a descending channel , with a consolidation at support. The market is testing the psychological level of 92.000, which is a swing zone as well. Price action is printing lower lows and lower close, indicating a bearish trend . We expect further consolidation until a new trend is confirmed .
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