At the end of July, the price broke through the strong support line that was formed back in 2017 and fixed on it. And now the price is in the upward channel formed by the lines since July 2020. Recently, the price touched the resistance line and started to fall. I expect it to continue falling as the price has already broken through the resistance...
As I predicted in my previous forecast, the pricethe price first broke the support line... ... and after that touched the strong resistance line and went down. I expect the price to reach the support line in the near future. However, we see that the price is near a small support zone and therefore I believe that it will work out a small correction and only...
My last forecast for this pair was on October 6th. Let me remind you that then we analyzed that the price entered a small channel and broke through the support zone and after that growth to the upper border of the channel - the resistance line. Now we see that the price continued to move in the channel. Also, there is a strong support line near the lower...
At the end of last week, the price of the pair broke through the support line, but then bounced off the next line and worked out its positions. Now the price is at a strong support (close location of the line and the support level), which serves as a good signal for its future growth. In this situation, you can start trading and open a buy deal. I expect the...
Both of my previous predictions for this index came true. First (October 16) the price dropped to the support line. And then (October 21) the price, having slightly deviated from our price and breaking through the support line, returned to the resistance line. Right now, the price is at the support line and is ready to rise from it. I expect the price to...
The previous signal worked out perfectly and the price even managed to turn and come down again. Now I expect growth from the support zone again. We open a buy deal. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
As indicated in the previous forecast. The price went up. Now the price has entered a clear channel. And it fixed on the upper channel line - the resistance line. I expect her to go down. The target is the support line at 0.902. Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
The price has been trying to gain strength and show growth for a long time. In the previous forecasts, we see how it began to grow more than once - but in the middle the fuel ran out and it went down again - to the support line. I think AUDUSD is now ready to rise. You can open a half trade for now - for safety - but I personally expect a rise straight to the...
Despite the fact that the previous forecast broke SL. I am still expecting a bearish move. Now we can see how the price perfectly touched the upper resistance line - the upper channel line. Therefore, the price remains in the channel. And we continue to hold the deal on SHORT. Traders, if you liked this idea or have your opinion on it, write in the comments. I...
We have many people who are just learning to trade, so I want to help you with this. For professionals - Reminder. THE IMPORTANCE OF PATTERNS 1) How to use Forex Patterns Patterns are often found on the PICTURE chart, which are formed due to price movements. They are not easy for beginners to notice, but for professionals they are GOOD helpers in predicting...
The price fell heavily on October 19 and dropped behind the resistance line and the support zone, but now it is renewing its growth attempts. Since the price has recently collapsed, I assume that it will not fall below and, on the contrary, will try to rise to the resistance line. In this case, we still have a little time to complete the transaction. If you risk...
As I expected in my previous forecast, the price reached the resistance line and even broke it. However, the movement was very strong and sharp, which indicates the interest of traders in this pair. Now the price has dropped back to the support line. This is a support line formed in March 2020 so I I expect that in the near future she will touch and push off...
Both my analysts on this pair come true! October 13 As I said in my previous forecast for this pair, the price of the currency pair came to the support line. October 22 At the beginning of this week, the price broke through the support line and fixed on it during several corrections. Now the price has touched the support line again. I expect the price to...
We see that this situation is very similar to the one we analyzed yesterday with the NZDUSD currency pair. Since the beginning of July, the price has been moving between two strong support and resistance lines. The support line was formed back in August 2019, and the resistance line was in December 2019 - and they are very important for price formation. Now...
After the strong growth that the price showed in early October, the pair entered a small downward channel - forming the "Flag" pattern. This pattern is a continuation of the trend. However, before the price goes up, I expect the price to fall to the point of intersection of the line and the support level. Cause right now, the price is at the upper border of the...
On the daily TF, we see that the price has again approached the strong resistance line. Why strong? Since feral, the price has touched this price twice already and changed the trend both times. After the last touch of this line, the price rose sharply and formed a descending channel, in which it has been moving for the last two months. This facts, as well as...
Since July, the price has been moving within the boundaries of two lines: resistance and support, which were formed in the spring of 2020. At the auction yesterday, the price touched the resistance line, rolled back a little and now price again has almost come close to the this line thereby entrenched on it. And this is a good signal to open a sell trade! In...
My last analysis of this pair came out on October 14th. And during this time, the price reached my goal. Reminde: "The price has reached the level. Its value is 1.54262. From the support level , I expect a good increase to the resistance line". The price broke through the support line and, after a slight increase, fixed on it. This is also a good signal for...