Luther_f

Luther_f

At the moment, the EUR / NZD currency pair is trading near the global support level, which has more than once provoked a stop and a further rise in the price, which means this is a good zone for buying EUR / NZD in the medium term.

Luther_f

At the moment, the GBP / USD currency pair is trading near historical highs of a 3-year period, which may indicate an increase in the activity of sellers and a further decline in prices. If you are looking for a place to sell GBP / USD for the medium term, this is an interesting area.

Luther_f

The price is on the border of a strong resistance line, the global trend is downward, in general a good opportunity for sales

Luther_f

In my post earlier I described 2 models of the situation on GBP / JPY 1. Bounce from the channel's level / boundary (the model of the ascending movement) 2. Breakdown of the channel's level / boundaries and price fixing is lower (downward motion model) Obviously, we see on the graph option № 2 I recommended looking for an input into the purchase from the retest...

Luther_f

The price is in the key zone near the strong mirror level of 147.500 which previously acted as both a resistance and as a support (the areas are marked on the graph) And also next to the lower boundary of the rising channel. Options for the development of the situation: 1.The price will bounce off this zone that will be a signal for the purchase and continuation...

Luther_f

The price broke through an important level of support and then tested it. All this indicates a change in trend. P.S (I'm sorry for the grammatical errors, English is not my native language)

Luther_f

The price is close to the strong level of 111.00, which is supposed to act as a support without letting the price fall lower. This indicates an upward price correction to resistance level 112.13 which is also a 50% level of the previous downward momentum. From there it is worth looking for the entrance to sales

Luther_f

Just a good zone for short positions. Take into account the level of 0.9840 there maybe strong resistance.

Luther_f

I see the price is not ready to stop trying to break through the level of 1.2082, in connection with which we can observe the formation of the figure "flag" (continuation pattern), which means that we can see another attempt of bulls to break the level of 1.2082. Soon this figure works until each next minimum is higher than the previous one. If the price closes...