DeGRAM Forex Signals and Forecast
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#USDJPY
πŸ”₯New idea - Link
USDJPY is coiling up at the resistance zone . The marker is moving downward in a channel. Price action has gained momentum, and there is a high chance that trend will continue.
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#GOLD
πŸ”₯New idea - Link
GOLD is pulling back to resistance after being pushed lower. The market broke out of the ascending channel meaning trend is changing. Price action is creating an equal-measured move AB = CD. We can look for a potential sell trade if the price makes a false break at the resistance.
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DeGRAM Forex Signals and Forecast
#AUDCAD πŸ”₯New idea - Link AUDCAD broke out of the ascending channel with an equal-measured move. The market is near the resistance and a psychological level of 0.9200. Price action is likely to move down from the psychological level and test the support level.…
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Hello everyone!
#EURUSD
πŸ”₯New idea - Link
EURUSD is moving sideways at the resistance level. Price action is printing equal highs and lows, indicating a consolidation . The market is coiling up before expansion. We expect further consolidation until a new trend is confirmed.
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#EURNZD
πŸ”₯New idea - Link
EURNZD broke out of the descending channel and moved higher to the resistance level , which is a psychological level at 1.7000. The market overall is moving sideways on the daily timeframe. There's a nice confluence zone to short at the resistance level . We expect a pullback from the resistance.
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#AUDCHF
πŸ”₯New idea - Link
AUDCHF is approaching the resistance zone , which is the consolidation border. Price action has previously reacted to that zone several times. The market is pulling back against the major bearish trend . We expect the price to retest the support .
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#GOLD
πŸ”₯New idea - Link
GOLD is still trading near the resistance level. The market broke out of the ascending channel and moved lower. Price action is creating an equal-measured move AB = CD. We can see the price was rejected at resistance; the price has printed a pinbar pattern.
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Hello everyone!
#EURUSD
πŸ”₯New idea - Link
EURUSD is consolidating. Most likely, it is going to do so for the next couple of weeks. The market is trading in an ascending channel. If price action rejects the resistance level of consolidation, we can look for a potential sell trade.
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#AUDJPY
πŸ”₯New idea - Link
AUDJPY made massive sell off and now price is pulling back. The market is clearly in downtrend. Price is trading in the ascending channel, and now it's pulling back to recent resistance. We will look for selling opportunities because of the pullback within the global bearish trend.
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#AUDUSD
πŸ”₯New idea - Link
AUDUSD moved out of the ascending channel . Price action is testing support level that was respected before. The market attempted to break the support level at 0.66500 but failed. We expect price expansion after the pullback.
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#GOLD
πŸ”₯New idea - Link
GOLD is trading in the channel, and it is testing a resistance level at 1810. The market rebounded twice from this level before. Look left. We expect a short term pullback from resistance.
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