AndeWave

AndeWave

NZDUSD is making a perfect move within the previously formed idea. The currency pair breaks the ascending support and falls to 0.618. The target has been reached, But! TA on the high timeframe: 1) Price has passed only the first half of the way. The global target could be 0.6084 or 0.5985 2) Overcame the liquidity area, which is resistance at the moment and the...

AndeWave

Gold after a false breakdown on July 18 forms a pullback and tests the local support of 1972. After the false breakdown, against the basic stereotypes, the price retraces to retest the resistance. TA on the high timeframe: 1) Closing of the last two daily candles forms near range resistance. There is no downside after the false breakout 2) Price forms a liquids...

AndeWave

GBPAUD is forming a false breakout and a global reversal pattern that could send the price 400 pips down. TA on the high timeframe: 1) False breakout of the resistance zone: 1.9183 - 1.9035 2) Price breaks the base of the reversal pattern and forms an impulse. TA on the low timeframe: 1) The H&S reversal pattern starts the realization phase 2) As the price is...

AndeWave

Gold is testing a strong resistance area that could push the price back quite a bit. If the price shows strength against the bears and signals further upside, we will take advantage of it TA on the high timeframe: 1) Price is testing the global flat resistance. A rebound from the resistance is possible 2) The bullish trend is resuming 3) At the same time...

AndeWave

EURJPY is forming a flat. The wide range allows to accumulate enough liquidity before a further surge in the impulse format. TA on the high timeframe: 1) False break of support 154 forms a strong momentum that breaks several local resistances 2) Price passes the key liquidity area of 155-156 and aims for 158 TA on the low timeframe: 1) A break of 156.789 gives...

AndeWave

NZDUSD is forming a false breakout that could potentially send the price to the bottom. Price is testing key fibo areas and could give a bounce. TA on the high timeframe: 1) False break of 0.6305 forms bearish momentum 2) Price is aiming for the liquidity area of 0.62000 TA on the low timeframe: 1) A retest of 0.382 fibo is formed, which may form a correction...

AndeWave

Gold amid a rally halt after a breakout of the global downtrend forms a pattern of breakout and continued upside. TA on the high timeframe: 1) After the breakout and trend change, the price stops and forms consolidation. The absence of a fall will be regarded as the readiness of the market to continue growth 2) Consolidation is formed near 1960 TA on the low...

AndeWave

GBPJPY is forming a correction which is smoothly developing into a reversal set-up. Yen stops weakening? TA on the high timeframe: 1) The price is bumping into the limit zone at 183.76 2) Resistance level 182.00 is formed, through which the price cannot pass, correction to the lower liquidity area is formed. TA on the low timeframe: 1) After the main...

AndeWave

Gold stops after an active rally. The price is testing 1963 and forming a double top. Consolidation after resistance breakout may lead to correction. TA on the high timeframe: 1) Gold is still unable to pass through the resistance of 1963, a bearish candle and a stop is formed on D1. The candle closes below the opening of the previous candle. 2) Price stops...

AndeWave

Gold breaks the global bearish trend and forms momentum, but price fails to reach key zones and starts to form a reversal set-up. TA on the high timeframe: 1) The key liquidity area that is of interest to many is in the 1970-1980 area 2) A correction is being formed and most likely the growth to liquidity will continue after it TA on the low timeframe: 1) A...

AndeWave

USDCAD formed a head and shoulders after a false breakdown of key resistance. It was at this point that the dollar began to weaken and led the currency pair to test the local bottom at 1.30900 TA on the high timeframe: 1) A false break of resistance sends the price to support at 1.3138 2) Since the forex market is flat more than 70% of the time, the price is...

AndeWave

Gold is testing 1963 after breaking trend resistance. A correction and a retest of the local level 1959 is forming. There is a possibility of a pullback to 1953, but now we can say that we are dealing with a bullish trend. TA on the high timeframe: 1) The breakout of the descending channel gives its results. the bullish impulse continues to form 2) The price is...

AndeWave

EURAUD failed to break through the resistance at 1.65000. Having formed a false breakdown, the price falls and breaks the support of the ascending triangle, thus opening a red carpet for itself TA on the high timeframe: 1) Price in range. From resistance, price may reach support in the medium term 2) Weakness on the buy side will lead to a quick test of...

AndeWave

Gold is breaking through global channel resistance, but is also bumping into a strong horizontal level. TA on the high timeframe: 1) The trend is still bearish, price is under strong resistance 2) Price is discovering a new range. But if price consolidates below 1930, a bearish potential will form TA on the low timeframe: 1) A bullish wedge is forming. A...

AndeWave

EURGBP is breaking the descending triangle support and at the same time forming a retest of the previously broken boundary. Global trend, 0.85220 resistance plays a key role TA on the high timeframe: 1) A break of flat support defines a new path for price. A channel to 0.84600 is opened 2) Price is in the liquidity zone. The resistance level at 0.85220 may form a...

AndeWave

Gold is making a false breakout of resistance and testing local support while the dollar is losing ground and testing areas of liquidity TA on the high timeframe: 1) an attempt to break the resistance of the global channel is formed 2) The resistance of 1938 plays a key role 3) Flat is possible, but the medium-term outlook looks bearish 4) The dollar index is...

AndeWave

EURCAD is breaking the channel resistance, but there is no the reaction that everyone is waiting for. A bottom has formed on d1 and a counter-trend movement is starting to form. TA on the high timeframe: 1) Price breaks the resistance at 1.45120, but there is no impulse, which should happen when breaking the resistance 2) The same flat is formed. The price may...

AndeWave

Gold is testing sideways range support and forming a rebound. The nearest level breaks and the price forms a momentum. TA on the high timeframe: 1) the bearish price channel is still relevant. Consolidation is forming after a false breakdown of resistance 2) The price is in a sideways range. On Friday, gold is likely to continue trading inside the TA on the...