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Fxsignal

2 Possible moves for EURUSD pair - SHORT then LONGWe can see EURUSD trading in a channel range on the bigger timeframe of Weekly. Currently we see the pair ranging in a local area of 1.119 to 1.138 after dumping down. The MACD is still strongly trending down, not yet showing clear sign of reversal in momentum. 1. SHORT TRADE : We can look to SHORT the retest of the neckline it has broken down from, 1.15. Target the bottom of the channel around 1.1035 SL above the 3 EMA 50, 100, 200 2. LONG TRADE : We can look to catch a LONG from the support zone confluent with bottom of channel line at 1.098 Target top of channel but TP along the way. SL below channel support line I mainly trade cryptocurrencies as I love the volatility. Let me know if I should do more forex pairs. Do like and follow if you like this idea and benefited in some way :)
by Gold_D_Roger
XAUUSD🤑 Retest support 1825$📈XAU / USD quotes continue to move within the growth and bullish channel. At the time of the publication of the forecast, the price of GOLD is 1856 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1825 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1925. HAve a nice trade!
FOREXCOM:XAUUSDShort
by TradingAlchemist
7
XAUUSD🤑 Retest support line 1825$📈XAU / USD quotes continue to move as part of the growth and the beginning of the development of the large "Triangle" pattern on the daily Gold chart. At the time of the publication of the forecast, the price of GOLD is 1824 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1825 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1850. Have a nice trade!
FOREXCOM:XAUUSDLong
by TradingAlchemist
3
USDCAD❗Correfction on 1.275💵Currency pair US Dollar Canadian Dollar USD / CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2441. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 1.2375 area. Further, a rebound upward and a continuation of the rise of the currency pair on Forex. The potential target of such a movement of the instrument is the area above the level of 1.2575. Have a nice trade!
Long
by TradingAlchemist
3
XAUUSD🤑 Growth to 1845📈An additional signal in favor of raising the XAU / USD quotes will be a test of the support area on the relative strength index (RSI). The second signal will be a rebound from the upper border of the "Triangle" pattern. Cancellation of the option to raise GOLD prices on November 9, 2021 will be a fall and a breakdown of the level of 1735. This will indicate a breakdown of the support area and a continued fall to the area below the level of 1695. Expect an acceleration of the rise in XAU / USD quotes with the breakdown of the resistance area and closing of the price above the level of 1825. Have a nice trade!
FOREXCOM:XAUUSDLong
by TradingAlchemist
2