GBPUSD second chance to open shortHello Traders!
In the previous forecast, an important line was incorrectly drawn, so the forecast did not come true.
Now the picture is more clear.
The pound will continue to fall from the resistance level of 1.249. to the support line, and after a small correction will continue to fall to the level of 1.228
Forextimes
USDCHF broke support lineHello Traders!
USDCHF is well analyzed by the support and resistance lines.
The price after touching the Strong resistance line broke through the support line and after a rollback to this line began to fall.
I predict a fall to about the support level of 0.98, but before that the price can rise to the level of 0.99 after reaching the support line.
USDJPY will continue to fallHello Traders!
Consider a short-term USDJPY scenario. After touching an important line the price went down as we predicted. Now the price is limited by a small resistance line and I predict a price drop after touching this line at about 107.76.
The fall will be to the support level of 106.7
GOLD broke the resistance levelHello Traders!
Gold broke the resistance level of 1507 and a small resistance line, plus there was a touch of a strong support line, followed by strong growth.
So far, in the short term, it is better to wait for a fall to the support level of 1507 and enter long with the target to level 1526.
NZDUSD at strong support lvl Hello Traders!
Now NZDUSD is at an important support level of 0.625 from where I expect growth to at least to the resistance level of 0.6319 and there may be further growth to the level of 0.644.
Do not forget that now we are in a small falling channel and for a start we need to get out of it.
Ah BTC, here we go againHello Friends!
Again we are stuck between the line of resistance and the line of support. Bitcoin made a false break of the support line and stayed in this triangle for a very long time, so I expect strong growth or a strong drop. You can open 2 trades with small stop loss in both directions.
In case of growth, I expect thatthe price to reach at least the resistance level 10900, and in case of fall, I expect the price to reach the important support line at 9118.
GBPUSD. Good opportunity to open short.Hello Friends!
My favorite currency pair. Of the last 10 times, I only made a mistake 2 times on her.
GBPUSD is now approaching a key resistance line.
Do not forget that we are still in the falling channel, which means you should not buy GBPUSD. Enter short from the resistance line. For those who are short-term traders, close position from the first zone of purchases (about two support lines), and the rest can wait and close position at the upper line of a small channel at the support level 1.2286
Time to buy dollarHello Traders!
Today we analyze the dollar index.
Price approached an important zone. DXY is at support level 98.12 and near the support line.
But! on the other hand, there has recently been a false break of an important level, followed by a rollback to this line, so the dollar index still has the potential to fall.
I choose growth from this line since the trend is growing and it is better to buy a dollar than sell it.