AndeWave

AndeWave

Gold against the background of a bearish trend is forming a setup that could reverse the price direction. The bearish trend, with a small degree of probability can stop TA on the high timeframe: 1) Price forms a retest of 1902.87 after a month and a half. The price will not break the level from the first time, most likely a rebound may be formed 2) A sideways...

AndeWave

GBPCAD is forming a retest of resistance at 1.71041. The price is preparing for further strengthening along the trend. After the correction a set-up is formed which may give the market an impulse to 1.7216 in the near future TA on the high timeframe: 1) The correction from 1.7222 ends with consolidation in the range of 1.710 - 1.690 2) After a false breakout, the...

AndeWave

Gold is testing trend resistance again, Price is forming a strong consolidation and there is a noticeable lull in the market, most likely before the storm TA on the high Timeframe: 1) Local support is forming at 1912, and consolidation near the level 2) There is still a potential for a decline to 1902. TA on the low timeframe: 1) Price is forming a bounce from...

AndeWave

EURUSD is testing flat support. There is both the possibility of forming a false breakout, but in this case the previously broken trend resistance will be confirmed, and an attempted breakout, in which case the price will head down. TA on the high timeframe: 1) There is consolidation forming around 1.09526 and numerous retests. 2) Price is testing a strong...

AndeWave

Gold is testing one of the mentioned support lines and on Friday the price closes the session near the border. When the session opens on Monday, a quick fall to 1900 is possible TA on D1 1) The dollar index smoothly tends upwards after the consolidation above 102.09, which indicates that the price is ready to grow further, and in this perspective gold will...

AndeWave

Gold is testing a new low and updating the low. Price is forming a bounce and testing trend resistance, but more likely another decline may be formed which will further weaken the price. TA on the high timeframe: 1) We should consider 1902.87 as a medium-term target 2) Yesterday's daily candle formed a strong enough signal to fall - a shakeout was formed (a...

AndeWave

USDJPY is testing the resistance of the ascending channel and the resistance of the 144.897 range. On the local timeframe, the price is preparing for a breakout and further growth TA on the high timeframe: 1) A retest after a month, and a quick approach to the level may give a bounce down, for example to 143.7 2) Price has stopped and is forming a decrease in...

AndeWave

Gold finally breaks the lower boundary of the bearish channel. The market is forming a 0.6% impulse drop and the price is testing 1914.4. Technical pullback may fix the price in the zone for selling after which the fall will continue TA on the high timeframe: 1) Breakout of the range support forms a strong impulse. The way is open for a decline to 1892 2) Price...

AndeWave

EURUSD is forming a reversal setup after a false breakout of the daily support level. The price may experience an attempt to change the local trend TA on the high timeframe: 1) A false breakout is formed. The global correction may be over at 1.09526 level 2) Price is testing the liquidity area of 1.1200 TA on the low timeframe: 1) Price is breaking the bearish...

AndeWave

Gold is reducing its volatility and continues to consolidate at 1933.9. On the global timeframe, support at 1938.9 is broken and preconditions for further decline are forming TA on the high timeframe: 1) False breakout after correction. The level of 1938.9 2) Liquidity area. The price is forming another retest. TA on the low timeframe: 1) A situation of buying...

AndeWave

USDCHF is forming a local bullish trend. Globally - correction. A pattern is forming between the liquidity areas, the breakout of resistance of which can form a rapid rise TA on the high timeframe: 1) A correction is formed after the breakout of 0.8860 level. The growth will continue to the resistance 2) A bullish liquidity area is forming at the bottom, the...

AndeWave

Gold has been declining since the opening of the session with the result of -0.5%. Earlier a false breakout of 1943 was formed, most likely the price will continue its fall, but only after breaking the support of the bearish channel TA on high timeframe: 1) After breaking the support, the price forms a retest of 1938.9, but makes a false breakout 2) Liquidity...

AndeWave

GBPUSD forms a false break of the support at 1.2652. The price reacts in a bullish way. A correction is forming on the market since the opening of the session. Most likely a slight decline may follow before further growth. TA on the high timeframe: 1) Uptrend. The price is forming a correction wave, most likely the correction is directed to the support at...

AndeWave

Gold is forming a false breakdown of a strong support line. The support and liquidity area formed forms a bullish rally. TA on the high timeframe: 1) False breakout. Price closes above the 1938 support line, gold may rise to 1950-1960 at the beginning of the trading week 2) Price is testing the liquidity area of 1942.8, the market may open with a gap or continue...

AndeWave

Gold continues to consolidate and gather liquidity to move in one direction or the other. The NFP report will be released soon which will give a medium term view on pricing TA on the high timeframe: 1) Price has broken 1938.9 support and is forming accumulation below the level. 2) The market is preparing to develop medium-term interest. Consolidation below the...

AndeWave

EURNZD is forming an ascending triangle and for the past few hours, the currency pair has been showing potential that is preparing the price for upward movement TA on high timeframe: 1) A retest of 1.8000 is forming 2) Consolidation near liquidity on the resistance side TA on the low timeframe: 1) An ascending triangle is forming 2) Price into the range and...

AndeWave

Gold is breaking a new milestone and breaking the support of the descending price channel. Price is consolidating between the downtrend line and 1933.9 support, pre-breakdown consolidation may break the support and price will fly downwards TA on the high timeframe: 1) Break of support at 1938 (lower boundary of the global range 2) Consolidation below the...

AndeWave

EURGBP is in a sideways range amid a downward global trend. The price is testing the upper boundary, which plays the role of a strong resistance, where there is a high chance for a rebound TA on the high timeframe: 1) False breakdown of 0.8666 forms a fall to the support, thus the price confirms the presence of flat 2) Impulse is forming, most likely the area of...