DeGRAM | GOLD crowd divorceThe situation with gold is similar to a divorce regarding a cumulative flat.
We made a false breakdown of support, now we are trying to break through the upper border, but there is a strong trend resistance ahead.
I expect a return to flat after a false breakout and a decline to support.
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DeGRAM | USDCAD keep fallingThe currency pair is working out the upper border of the channel and going down to support.
The trend is downtrend, I suppose there will be a slight pullback from support with a further breakdown and decline to the level of 1.206
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DeGRAM | EURUSD Long The instrument is trading in the support zone, at the bottom of the price channel.
Globally, the instrument looks long.
At the moment, the currency pair rolls back to the level of 1.19,
I think that after the pair will retest the lower border of the channel, after which it will continue to grow along the trend.
Key point - resistance 1.227
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DeGRAM | EURUSD growth after correctionThe instrument is in a correction phase in an uptrend.
The goal of the end of the correction, I suppose, is a strong support level .
The global trend is growing. It is quite difficult to trade against the trend, so I recommend waiting for the level to be tested and further searching for the required formation.
I expect growth from the support level to the point of intersection of several resistances at the price of 1.217
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DeGRAM | GOLD range resistance testingGold returns after a false breakout to the upper savings line.
The trend is downtrend, so I expect a false breakout or rebound from one of the upper boundaries of either accumulation or trend and a further decline to level 165
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DeGRAM | GOLD range resistance testingGold returns after a false breakout to the upper savings line.
The trend is downtrend, so I expect a false breakout or rebound from one of the upper boundaries of either accumulation or trend and a further decline to level 165
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DeGRAM | GBPUSD false breakout. LongThe PoundDollar rolled back to a strong level on the retest and made a false breakout, where it took out the players it did not need and "took" liquidity for further movement.
According to statistics, the strongest movements are obtained after a false breakout.
I expect growth to the key point - resistance 1.423
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DeGRAM | AUDUSD shortLast week, after testing the lower border of the consolidation, that is, after the pullback from the breakout, there was a bearish impulse, which gives hints of a trend change.
I expect a drop to support, which was not reached at the end of last week's session. Level - 0.7411
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DeGRAM | EURUSD growth after correctionThe instrument is in a correction phase in an uptrend.
The goal of the end of the correction, I suppose, is a strong support level.
The global trend is growing. It is quite difficult to trade against the trend, so I recommend waiting for the level to be tested and further searching for the required formation.
I expect growth from the support level to the point of intersection of several resistances at the price of 1.217
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DeGRAM | CADJPY False breakout. ShortAfter a false breakout, the currency pair corrected downward. After a rollback, the instrument does not update the vertices. Closed above the level, but I assume that if it does not update the local top, the instrument will go down to support
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DeGRAM | AUDJPY LongTool in a wide range.
After the breakdown of the strong trend support, it did not go far down, limit buyers are holding back at the border of the flat.
The trend is up,
I suppose that the price can reach the range resistance and test the strong trend level.
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DeGRAM | EURNZD growth from channel support The currency pair is at the end of the correction inside the upward price channel.
A rapid distribution movement may end up at the support level.
After testing this border, I expect an increase along the trend to the resistance of the channel
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DeGRAM | AUDCAD breakout of support. Short The instrument closed under a strong support level, this fact indicates a high potential for a breakdown of this level downward, since it is also a retest.
Downward trend.
I think that we will have to test the level 0.9199 and then reach 0.9107
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DeGRAM | GOLD in consolidation. Short Gold is trading in a narrow range of 1795 - 1764, the trend is downtrend, they cannot buy back the instrument from the levels, perhaps there is selling pressure in the market.
I assume that after testing the upper border of the channel, gold will go down and continue the downtrend.
Target - support 1725
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DeGRAM | GBPAUD breakout of resistance. LongThe instrument on retest breaks through the upper limit of the annual accumulation.
Consolidation above the level foreshadows a strong upward movement.
I expect growth within the formed bullish channel to the resistance of 1.8774
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DeGRAM | EURJPY breakout, Short The instrument came out of a strong ascending channel downwards.
The pair rolled back and consolidated below the support level.
After consolidation, we can understand that there should be a slight drop now. I expect the price to reach 130.5 support
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DeGRAM | EURUSD growth from channel supportThe Eurodollar is in a local bearish trend within the global price channel, from the nearest levels it is a strong trend support, which the price will be testing.
There should be a pullback from this level, I expect a trend change and rise to 1.2177
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DeGRAM | EURUSD testing trend supportThe instrument was unable to gain a foothold and go up relative to the level of 1.19, as there were key points below that were not tested, one of them that interests us now is the strong support 1.178.
I expect growth from this level.
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DeGRAM | GOLD shortYesterday the instrument tried to break through the lower border of the flat, but a cumulative flat without a false breakout is quite a rare occurrence.
A false breakout is a counter-trend and it is very dangerous to trade it.
I think that for some time the price will remain in a flat, and then it will continue to move down to 1724
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DeGRAM | GOLD short Yesterday the instrument tried to break through the lower border of the flat, but a cumulative flat without a false breakout is quite a rare occurrence.
A false breakout is a counter-trend and it is very dangerous to trade it.
I think that for some time the price will remain in a flat, and then it will continue to move down to 1724
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DeGRAM | USDCHF False or True Breakout?The tool tests the resistance of the global price channel. At the moment, an attempt is made to break through. The price got to the level quite quickly, with a destroying movement, I suppose that there would not be enough energy for a breakdown. I expect a false break.
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