#NZDUSD#NZDUSD
The instrument is in an uptrend. At the moment, it moves in an upward price channel . We came to the resistance 0.7315 the first time with this channel, we did not break through the line, but the currency pair enters the retest of the 0.7315 level without updating the lows and breaking the picture.
I expect the price movement to continue, resistance breakdown and achievement of the global target - resistance 0.74328
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#USDCHF#USDCHF
The trend is downward. Inside the channel, the price came up at the upper border.
I think that either a rebound from this 0.901 boundary or its false breakout will be completed.
If we pay attention to the global chart, we can see the breakdown of the channel and the entry of the price for the correction.
I expect to see a consolidation below the support of the channel and further downward movement towards a strong support - 0.8758
EURJPYAs I said last weeks...EJ will climb in the next few days or stay in this area ... Just like I told you at EG, EJ made 6 green candles on the 1 month chart, which has only happened twice in the last 15 years! for now I will be very reserved with this pair and I will look for massive SELL in the first part of May especially since W did!
EVER in EJ's history he has never made 7 consecutive positive candles!
On both charts, it is perfectly closed a W so down the 500-700 pips is imminent!
If we look into the left on the 1st chart we will see that EJ has formed a W in 2018 where a 1500-pips descended and even if it seems unreal I think at least 50% of this move will also do it. this date!
Anyway ... I expect the climb to the area 133,100-133,400 and after a very powerful descent to area 125-127
THIS WEEK...If we make a parallel between the chart on a week and one month we can see as EJ Pattern Pattern formed since 2018!
In the 1 week chart we observed that this is a very important area for EJ's near future ... if you see in the left circle, any closure even for 1 day over the green line means an imminent climb in the 137,300 area
However ... if the month of May closes below 134,050 then we can take into account a very strong retreat movement up to the 125,000 area and so on ... UP AGAIN!
anyway ... it looks like it will be the first time in 15 years when EJ ends 7 consecutive months on GREEN
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GREAT ATTENTION:
*This information is not a Financial Advice.
#EURUSD #EURUSD
👉New forecast
The price returned to the lower part of the channel, failed to break through the strong resistance line.
Therefore, at the moment I expect them to go down - to the lower level of the channel.
In general, in such an unstable situation with my strategy, I advise you to wait a little.
EURJPYAs I said last weeks...EJ will climb in the next few days or stay in this area ... Just like I told you at EG, EJ made 6 green candles on the 1 month chart, which has only happened twice in the last 15 years! for now I will be very reserved with this pair and I will look for massive SELL in the first part of May especially since W did!
EVER in EJ's history he has never made 7 consecutive positive candles!
THIS WEEK...If we make a parallel between the chart on a week and one month we can see as EJ Pattern Pattern formed since 2018!
On both charts, it is perfectly closed a W so down the 500-700 pips is imminent!
If we look into the left on the 1st chart we will see that EJ has formed a W in 2018 where a 1500-pips descended and even if it seems unreal I think at least 50% of this move will also do it. this date!
Anyway ... I expect the climb to the area 133,100-133,400 and after a very powerful descent to area 125-127
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
#GOLD#GOLD
The price broke through the support at 1790.57, thus leaving the falling channel.
She continued to grow in a small growing channel.
It touched the resistance of 1844.72 and began to fall.
Before reaching the support line, the price began to rise again.
I expect a return to resistance.
The target is 1868.70.
#EURUSD#EURUSD
After the rise from the 1.170 support (after the third wave of the collapse), the price rose to the resistance line. It bounced off the resistance at 1.214. But after the rollback, 1.218 was fixed on it.
Since the beginning of the week, the price has been slightly falling. I expect it to continue to the support line.
The target is 1.182.
🔔 11 / 13 last EURUSD forecasts come TRUE
XAUUSD 05 05 2021XAUUSD 05 05 2021
Gold continues to rise after a rebound from the support level of 1675.91. During the growth in April, it broke through the support lines: 1742.92 and the level of 1763.79. Then it rose to the resistance zone 1798.59 where the resistance lines of August 2020 and March 2018 intersect. Strong resistance is the main reason for the fall. I expect the price to fall again, break through the support level of 1763.79, fix on it and come to the support line at 1707.20. This will be our goal.
US30 Analysis.We have seen US30 (also known as Dow Jones) decline for two weeks now, bearish movement all the way.
On Today's analysis Bias: Short Bias
Based on the break of previous market structure, wait for retest.
Entry: Enter upon retest.
All the best!!
EURJPY 04 05 2021EURJPY 04 05 2021
#EURUSD
In April, the price rose from the 1.168 support (the main turn line in March 2020) to the resistance of 1.215 The price reversed and started to fall. I expect the fall to continue.
The main reasons for this are:
- breakdown of the support at 1.197 (slowdown in price).
- strong resistance line of February 2020.
The target is 1.186.
EURJPY 03 05 2021EURJPY 03 05 2021
1 - false breakout of the resistance at 131.45 (the price has already returned to the line).
2 - strong resistance in July 2019 (border of an uptrend) without any breakout.
3 - the end of the growth, which has been from the beginning of January from the lower support of the channel 125.64.
Target - 127.98
USDCHF 28 04 2021USDCHF 28 04 2021
At the end of March, the price touched a resistance zone consisting of April and January 2019 lines at point 0.946. After that, the price collapsed and a week ago made an important breakdown of the resistance level of 0.918. The price has already broken this level - during the fall in July 2020 and during the rise in March 2021. Now, after the breakdown of the level, the price tried to gain a foothold on it and grow. The price is supported by the strong line formed on the chart in June 2019. The price has already made two touches of this line and now bounced off it at the 0.910 point. Now the price is at the level and I expect it to be able to break through the 0.918 level, rise and come to the 0.930 resistance line. This will be our goal.
#EURUSD 21 04 2021#EURUSD 21 04 2021
Let me remind you that since the beginning of this week, we expected the price to stop rising, its reversal from the resistance line and the beginning of a fall.
First, the price came to the resistance line at 1.205. Then she began to fall. During the growth, the price was also able to make a small false breakout of the 1.200 resistance zone formed at the intersection of the local level and the September 2020 line. However, it is already clear that the scene turned around and fell back to the zone. So now I expect the price to be able to break through this zone and return to the growing channel. I expect that after the breakdown of the 1.198 line, the price will continue to fall and come to the 1.175 support line. This will be our goal.
#XAUUSD 20 04 2021#XAUUSD 20 04 2021
As we expected at the beginning of this week, the price completed its growth and reversed its decline. After the price touched the call support 1675.91 for the second time at the end of March. It grew, during the growth it was able to break through the support line 1741.46. After that, it fixed on this line, rose to the resistance level of 1763.79 and even broke through it. However, the resistance line of August 2020 - 1776.26 also passes near the level. And the price stopped growing. Now it has moved down from the line, came back to the resistance level, and I expect that after that the price will continue to fall and come to the support zone 1688.69. This will be our goal in October 2019 - 1.207. we expect the price to fall from this point and come to the 1.184 support line.
#NZDUSD 20 04 2021#NZDUSD 20 04 2021
As we expected last time, after the price dropped to the 0.694 support level, bounced off it and fixed at the 0.701 line, it started a new growth stage. Let me remind you that all this movement takes place within an uptrend, which was formed in March 2020 and into which the price returned after it broke through the resistance line 0.723. Now, I expect that after fixing at the support line at 0.701, the price will continue to rise and first of all touch the resistance trend line at 0.737. Then it will turn around and return to the fall. So my final target is the 0.713 support line and resistance Level
#XAUUSD 16 04 2021#XAUUSD 16 04 2021
gold continued to grow and during the growth was able to break through the support line 1736.07. Then it fixed on this line, pushed away from it and continued to grow, eventually reaching the resistance level of 1770.35. As we expected yesterday. Now the price is at a strong resistance level. Despite the fact that over the past six months the level was broken several times, I expect that this time the price will stop and will not be able to break it during the growth. The reason is the lack of strong support for growth. I expect the price to fall to the support line at 1722.93. This will be our goal.
#XAUUSD 13 04 2021 #XAUUSD 13 04 2021
At the end of last week, the price almost reached the resistance level of 1763.79, after which it bounced off and began to fall. Yesterday we expected a continuation of the fall and so it happened. The price has not yet reached the set goal, but has definitely approached it. Now the price is at the resistance line of 1735.55, let me remind you that it was at this line that the price stood for almost two weeks in March of this year. However, last time she pushed off and fell to the support level. I expect the same thing to happen in this case. The price tried to break through this line and rise to the level of resistance, but eventually stopped. I expect it to start falling now and return to the support level. So my final target is support level 1679.67.
#EURUSD 13 04 2021 #EURUSD 13 04 2021
The price of the currency pair remains in position as at the beginning of the week, which means that at the moment I continue to expect a fall. Let me remind you that the price has been falling since the beginning of the year from the resistance point of 1.237. During this fall, it came to a strong support at 1.170, where two lines intersect at once - 2009 and 2007 (!), As well as a historically strong level of support. From this point, the price rose to the upper border of the descending channel and even tried to break it out at point 1.189. However, I am sure that this breakout will turn out to be false and the price will fall again in the near future. It will return behind the line, fix on it at point 1.181, after which it will continue to fall and come to support at 1.172. This will be our goal.
#EURUSD 12 04 2021#EURUSD 12 04 2021
As you remember, since November 2019, the price of this currency pair has been forming a strong upward channel. However, the range of oscillations inside the channel is quite large, and, as a consequence, additional lines of support and resistance are also formed inside. At the beginning of the year, the price bounced off the upper border of the channel of the resistance line 1.236, after which it fell and, during the fall, was able to break through the resistance zone of 1.199. In this zone, the resistance lines of September 2019 and March 2020 intersect. After the breakdown and consolidation on the line, the price fell to the lower border of the channel, the support line at 1.172. Then it bounced off and showed a slight increase. I expect that now the price will work out the correction, return to the line and consolidate on it at the point 1.180. After that, a new growth will start and come to the resistance at 1.215. This will be our goal.
#EURCAD 12 04 2021#EURCAD 12 04 2021
Since December 2012, the price has been growing in an uptrend. However, breakouts do occur. after the last breakout, the price returned to the trend in February 2020. Within the trend, it managed to rise and followed the strong resistance line of December 2012 twice. After the second touch - 1.600 - the price began to fall. During the fall, the resistance line of August 2020 was formed. During the fall, the price was able to break through the strong resistance line 1.525, which has existed on the chart since 2013. Then - level 1.490. And as a result, it stopped at the line of the ascending channel support - 1.477. The price jumped from this line, broke through the 1.490 level again, worked out the rollback and fixed on it. Now I expect that after fixing the price will continue to rise. So my final target is the 1.526 resistance zone.