The price of gold is currently hovering around the rising trend line and around the support level on the H1 and H4 charts. We expect a rebound from the trend line and support upwards at least to the levels of the previous swing, where our take profit is also located. We expect that thanks to the reduced volatility in the markets so far, gold should continue to...
This currency pair is now moving at the level of price support (support) and around the previous short-term trend line. The price previously formed lower highs and we can see selling pressure on the H4 chart. We currently assume that the price could break through the support level and continue to decline to the previous support level, where our target price is...
The price of the franc on the pair against the US dollar is currently at the level of key support, which has already been tested several times recently. This price level of support (support) is key, it has already been tested by the price many times in the past. As we can see on the H4 chart, there is a medium-term downward trend on this currency pair, however,...
The price of this currency pair is currently moving on the H1 chart around an important support price level. After rebounding from a key resistance level, the price fell and made several new lower highs, indicating selling pressure. Now, in our opinion, testing the support level and breaking below it and continuing to make new lower highs below the short-term...
The price of gold is moving in a slightly downtrend on the H1 chart and is currently near the upper line of the short-term trend channel. We assume that the price will break this level and test the resistance level again, where our target price is also located.
The price of this currency pair moved in an upward trend on the H1 and H4 charts. Currently, the price is slightly below the bottom line of the trend channel and at the level of price support (support), which indicates testing and a possible breakthrough of this price level. After breaking through the trend line and the support level, we can expect the price to...
The price of this currency pair is currently on the border of the support level on the H1 chart. The target price is placed on the border of the next support and the stop loss is placed above the border of resistance. The price made a lower high and even looking at the higher time frame we can see that there is a lot of selling pressure. The support level that is...
The price of gold is now at the support level. After rebounding from a key resistance level, the price creates lower lows and lower highs (Lower high and lower low). Currently, it looks like the price has formed near the support and at the same time near the forming short-term trend line, combined with the previous break below the long-term rising trend line, this...
The price of the NZDUSD currency pair is now hovering around the key support level on the H1 chart. Furthermore, the price moves to the border of the rising trend line, where it has created higher lows so far. Now it looks like a breakthrough not only of the trend line, but especially of key support. The stoploss is placed almost symmetrically with the resistance...
This currency pair is currently on the border of the resistance level on the H1 chart. We expect a break through the resistance line and subsequent growth towards the next resistance level. Due to the previous slightly downward trend, it is possible that there will also be a rebound from the resistance level downwards, where the price level is support (support),...
The price of gold is moving on the H4 chart along the rising trend line and at the same time it is near the support level. We assume a bounce from the trend line and continuation of the trend. The stop loss is placed just below the support line in case the trend line is broken and our target price is below the resistance price level.
The price of this currency pair is hovering around the maximum of August 2021. We can see this on chart D1. On the H4 chart, we can see that the price has been moving in a short-term upward trend since January of this year. The price level is now in the area around the highs and around the median of the rising trend channel, which indicates a possible correction,...
The price of the Australian dollar against the US dollar is currently on the H4 chart around the support level. The price has been moving in a slightly uptrend since breaking the descending trend channel, which we see thanks to the creation of new higher highs and lows. Not only based on these facts, we think that now there may be a rebound from the support level...
The price of this currency pair reached the resistance level on the H4 chart after the previous bounce from the support level and at the same time the bounce from the rising trend line. We expect that further growth is possible, which would lead to a breakout of the current resistance level and an impulsive move to the upside. Our take profit is placed below the...
On the H4 chart, the USD-CHF currency pair is still moving in a cage trend and at a support level that is very important. This support level has already been tested several times in the past weeks and is currently forming a descending triangle formation where a downward breakout is expected.
The price of the commodity rose in the previous days after US GDP data came in lower than expected. As a result of bank deposits insured by the FED, fears of bankruptcies of smaller banks have subsided. The Fed requested an increase in funding for the Federal Insurance Corporation to increase the limits on insured bank deposits. All this resulted in an increase in...
The price of this currency pair has been moving in a downward trend on the D1 chart since June 2022. On the H4 chart, the price has reached a resistance level that previously served as an important support level. In addition, the price is very close to the upper line of the descending trend channel, which is another indication of an opportunity to open a SELL position.
The price of this currency pair is currently around the resistance level and we are also around the median of the descending trend channel where there has been a bounce towards the upper line of the trend channel. We expect that the price may now reach at least the level of the upper line of the trend channel, or the price may rise further above this level, which...