GBPUSD❗Go to resistance 1.36💲GBP / USD four-hour chart. The currency pair has broken through the four-hour super trend line. This is a signal for the continuation of the corrective movement. After a slight rollback to the mark, we expect the upward movement to resume with the target at the level of 1.3611. This scenario will be canceled after the quotes drop below the four-hour supertrend line.
Trading solutions: buy 1.3535 take profit 1.3611
Have a nice trade!
Fxsignal
EURUSD❗Resistance $1.1627📈The four-hour chart of the EUR / USD pair. The pullback movement continues to develop on the chart. The price has broken through the main support / resistance level today. This is a signal to continue the upward movement. Therefore, today, after a rollback to the four-hour supertrend line, we expect quotes to rise to 1.1627.
Trading solution: buy 1.1580 take profit 1.1627
Have a nice trade!
XAUUSD💲Fall to $ 1645?❗An additional signal in favor of a rise in quotations and prices for GOLD in the current trading week on November 8 - 12, 2021 will be a test of the trend line on the relative strength index (RSI), as we can see, prices push up after the test of this line. The second signal will be a rebound from the lower border of the “Head and Shoulders” pattern. Cancellation of the growth option for XAU / USD quotes will be a fall and a breakdown of the area of 1685. This will indicate a breakdown of the support level and a continued fall in GOLD prices with a target below 1595. Confirmation of the growth in the value of the asset will be a breakdown of the resistance area and closing of quotes above the level of 1875, which will indicate completion of the formation of the "Triangle" model and the beginning of its development.
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USDJPY❗Price fixing below $ 113.28📈USD / JPY four-hour chart. The currency pair remains in the horizontal channel. Now the price is in the lower part of the sideways trend, so we are waiting for the development of a moderate upward movement to the upper border of the sideways trend in the short term. This scenario will be canceled after the price consolidates below the 113.28 level.
Trading solutions: buy at 113.40, take profit at 114.30
Have a nice trade!
GBPUSD❗Pivot point level $ 1.3550💲GBP / USD four-hour chart. A pullback movement develops on the chart after testing the support at 1.3428. But in the medium term, the currency pair remains under strong pressure. The downward movement can be resumed from the four-hour supertrend line. The next pivot point is the intermediate resistance level 1.3550.
Trading solutions: sell 1.3515 take profit 1.3428
Have a nice trade!
EURUSD❗$1.1525 downtrend💲The four-hour chart of the EUR / USD pair. A pullback movement develops on the chart after an unsuccessful attempt by the price to gain a foothold below the level. Nevertheless, the downward movement vector remains the priority in the medium term. We are waiting for the resumption of the downward movement either from the current levels from the four-hour supertrend line, or after a correction to the main support / resistance level of 1.1597.
Trading solution: sell 1.1600 take profit 1.1525
Have a nice trade!
XAUUSD🤑 Retest support line?📈XAU / USD quotes continue to move as part of the fall and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1790 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1745 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!
GBPUSD❗Go down??💲GBP / USD four-hour chart. The currency pair fell sharply at the auction on Thursday. Now the price continues to hold below the four-hour supertrend line. Therefore, we consider the scenario with the further development of the downward movement towards the main support level 1.3428 as a priority one.
Trading solutions: sell 1.34499 take profit 1.3428
Have a nice trade!
EURUSD❗Breaking through the level📈The four-hour chart of the EUR / USD pair. The currency pair was unable to stay in the channel for a long time. The price resumed its downward movement from the daily supertrend line. Now sellers are gradually increasing pressure on the level. Today we are waiting for the breakdown of this mark and a decline to the reversal level.
Trading solution: sell 1.1517 take profit 1.1505
Have a nice trade!
XAUUSD🤑 Retest support line?📈XAU / USD quotes continue to move as part of the fall and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1778 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1750 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1845.
Have a nice trade!
USDJPY❗Sideways📈USD / JPY four-hour chart. The situation on the chart has not changed. The currency pair continues to move in a sideways direction. Most likely, in the coming days the price will remain flat. From the current position, we are waiting for a moderate decline in quotations in the direction of support on the daily supertrend line.
Trading solutions: sell 114.30 take profit 113.45
Have a nice trade!
GBPUSD❗Resistance level ⚡GBP / USD four-hour chart. The currency pair could not push through the level of 1.3611 and bounced up very strongly from it. At the same time, the currency pair completely ignores the main support / resistance level. All these signals indicate the possible development of sideways movement in the range.
Trading solutions: buy 1.3620 take profit 1.3733
Have a nice trade!
EURUSD📈Resistance level ❗The four-hour chart of the EUR / USD pair. The currency pair retested the resistance on the daily super trend line. The price bounced down once again, but here it is worth paying attention to the reaction to the level. The currency pair completely ignores this mark. At the same time, earlier the price bounced up from the level. All these are signals of the possible development of sideways movement in the range.
Trading solution: buy 1.1543 take profit 1.1627
Have a nice trade!
XAUUSD🤑 Symmetrical triangle📈XAU / USD quotes continue to move as part of the correction and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1782 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, 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 1765 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1860.
Have a nice trade!
USDJPY❗Sideways📈USD / JPY four-hour chart. During the day, the situation on the chart practically did not change. The currency pair continues to move mainly in a sideways direction. Most likely, most of the day the price will remain within the sideways range today. At the same time, the bearish scenario of the movement remains the priority in the medium term. The main target is the reversal level 114.84.
Trading solutions: sell 113.84 take profit 113.386
Have a nice trade!
EURUSD📉 Support level?❗The four-hour chart of the EUR / USD pair. After a slight correction, the currency pair resumed its downward movement. Today we can still see a new attempt by buyers to break through the resistance on the daily supertrend line, but the bearish price movement scenario remains the priority in the medium term. The target is below 1.1500.
Trading solution: sell 1.586 take profit 1.1490
Have a nice trade!
XAUUSD🤑Resistance level❗XAU / USD quotes continue to move as part of the correction and the formation of a large "Triangle" pattern. At the time of the publication of the forecast, the price of GOLD is 1792 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, 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 resistance level near the 1800 area. Where can we expect a rebound and a continued rise in the price of GOLD with a potential target above the level of 1855.
Have a nice trade!
GBPUSD❗Go down??💲GBP / USD four-hour chart. The currency pair has pushed through the main support / resistance level and continues to move down. There are no reversal signals on the chart, so the bearish price movement scenario remains a priority. The next target is 1.3611.
Trading solutions: sell 1.3631 take profit 1.3611
Have a nice trade!
EURUSD📉 Support level?❗The four-hour chart of the EUR / USD pair. An upward correction is developing on the chart. The price has already reached the first target on the four-hour supertrend line, therefore, at the current levels, we are waiting for the formation of reversal signals and the development of a downward movement towards the level.
Trading solution: sell 1.1615, take profit 1.1540
Have a nice trade!
XAUUSD🤑Decline before rise📈Gold completes the trading week near the area of 1795. The XAU / USD quotes continue to move as part of a slight rise and the formation of a “Head and Shoulders” reversal pattern. Moving averages indicate a bearish trend for Gold. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the price rise. At the moment, we should expect an attempt to develop a decline in prices and a test of the support level near the 1735 area. Further, the continued growth of the GOLD price with a potential target above the level of 2035.
Have a nice trade!
USDJPY💲Corrective reduction❗USD / JPY four-hour chart. A new bullish wave continues to develop on the chart. It starts at 113.26. The price has passed the mark, so the next target for growth is the reversal level 114.84. The bullish scenario of the movement will be canceled after the price drops below the level.
Trading solutions: buy 114.18 take profit 114.84
Have a nice trade!
GBPUSD❗Go down??💲GBP / USD four-hour chart. The currency pair showed a very strong decline from the level. The downward price movement was stopped by the main support / resistance level, but so far we do not see a strong pullback from this level. On the contrary, bears are building up pressure. Therefore, the scenario with the development of a downward movement towards the level of 1.3611 remains a priority.
Trading solutions: sell 1.3710 take profit 1.3610
Have a nice trade!
EURUSD📈Resistance level ❗The four-hour chart of the EUR / USD pair. The currency pair showed a very strong decline on Friday. The price tested the level of 11536. So far, we do not see a strong reaction to this level, therefore, as a priority, we consider the scenario with the continuation of the downward movement after the formation of a correction to the four-hour supertrend line.
Trading solution: sell 1.1575, take profit 1.1500
Have a nice trade!