UnknownUnicorn15614419
At the end of February, the price changed the main uptrend, which had lasted since 2019, starting to fall from the 0.998 point. During the fall, it approached the support level of 0.948 and its strength was driven by the fact that during a new rise, the price could break the downtrend at 0.956. After that, the price stopped at the resistance level of 0.962 and now...
Gold continues to rally in a major downtrend as anticipated from the end of last week. The price bounced off the support level 1680.06, after which it rose to the correction line 1735.89, broke through it and continued to grow. Now we can expect that the price will touch the resistance at 1765.77 and only after that it will fall back to the support at 1680.06. SL...
The Eurodollar has perfectly worked out the growth to the resistance line of 1.187 and is now at the upper border of the falling channel (January 2021 - present). This is the fifth touch of the resistance line in the channel, and after each of them the price fell. The fall can be expected even now. The price may go down to the 1.173 support, this is the correction...
Since May last year, the price has been in a downtrend, during which it regularly touches both trend lines, practically without making serious breakouts. In March, the price bounced off the support at 1.230 and rose to the resistance at 1.263. During the first week of April, the price continued to move along this line, fixing on it at point 1.260. Now we can...
The price almost came close to the strong resistance line, which it last touched in 2018 at 91.41. Now the price is in the process of rising. It has already managed to break through the 86.54 support, will gain a foothold on it and continue to grow. Now we can expect that the price will touch the resistance at 89.21 and then fall first to the support at 86.54 and...
In February, the price bounced off the resistance of 0.746 (the line of the main growing turnle since March last year) and began to fall. During the fall, a channel was formed. The chart shows how after each touch of the resistance line (Fall 1.2) the price collapsed to the support line. Now the price is at the resistance 0.706 and can be expected to fall to...
For a long time, the price has been moving in an uptrend (since April 2020). Within the trend, at least three main corrections are clearly visible. One of these corrections - the falling wedge - was completed by the price the other day. The pattern will continue the previous trend - namely, growth. We can expect that from the support of 0.759 the price will rise...
The price continues to rise within the channel, which formed after the trend reversal in December last year. Starting to fall from the point 1.234, the price regularly touches the channel lines. During the movement, it also went beyond the main growing turn, breaking through the resistance at 1.191. After that, the price dropped to 1.170 support and is now...
After a perfect fixation at the support level 1677.63, the price started to rise again. It broke through a small resistance at 1711.28 (a downtrend since January this year), which during the previous rally was able to contain the price. Now we can expect that after the breakout the price will rise to the level of 1763.01. Then it will turn around and fall to...
The price came to the resistance 1734.50 - the line of correction, which formed in the middle of the global downtrend (Since August last year). Last time we expected the price to break through this zone and continue to rise. But you can see that she makes a small correction. There is a chance that the price will first fall and fix on the support line again. And...
The price continues to move in the bearish channel that formed in December last year. As you can see, it perfectly touches both trend lines. Also, a correction zone has formed inside the channel. Recently, the price just bounced off the 1.170 support and corrected in the 1.179 zone. Now we can expect it to break through the line and continue to rise to the...
In October last year, the price bounced off the support zone at 98.68 and started to rise in an uptrend. This trend is also supported by the October line. Resistance is the line of November 2020. At the end of March, the price bounced off the resistance of 78.79. It fell to support 75.75 and has already started a new growth. Now the price is at the resistance...
Since 2017, the price has been falling in a global trend. Within this trend, the price regularly makes bullish corrections, after which a new collapse occurs. The last such correction took place in 2013, then in 2020 from the support level of 125.89. After the rise, the price is at the resistance 153.75. Hence, we can expect a fall to the support of 125.58. SL -...
In March, the price came to the support zone 1678.09, after which it stuck for several weeks near the resistance zone 1751.86. Then she again returned to support and from her began a new growth. Now the price is again at the resistance of 1735.86. However, it can be expected that it will break through this line and rise to the resistance of 1765.77. After that, a...
As we expected from the beginning of the week, the price came to the 1.170 support and, having pushed off from it, began to grow. It is now in the middle of the falling channel. This channel was formed during the fall in price since the beginning of the year from the point 1.234. In the middle of the channel, there is a zone of correction, and we can expect that...
After the formation of the head and shoulders pattern, which ended in February this year, the price showed a strong growth during which a local channel was formed. The channel crosses a strong resistance zone. In this zone, there is a resistance level as well as the line of April 2019. Therefore, now we can expect that after fixing the at-trend support at 0.938,...
The price has been moving in an upward trend since October 2019. The trend is also a global pattern - an ascending triangle. The price is in its narrow part near the intersection of trend lines, which means that it will soon be able to leave the pattern. But for now, we can expect the price to touch the 131.13 turn resistance and fall to support at 129.36. SL -...
After a rebound from the support zone at 1677.63, the price stood at the resistance zone for a long time. But at the beginning of this week, it finally moved, fell back to support and started a new growth. Now we can expect that the price will continue to grow, break the nearest resistance line (January 2021) 1715.90 and reach the resistance level 1763.01. SL -...