foxforex3

foxforex3

USDNOK closed above its downtrend for the first time since May 2023. It also broke the downtrend channel it had been holding since April. I expect a serious rise after the retest.

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cadchf received support again from the median of its rising trend. With this support, it will advance to the upper resistance of the channel.

foxforex3

cadchf received support again from the median of its rising trend. With this support, it will advance to the upper resistance of the channel.

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EURGBP broke the falling trend channel on the hourly basis and tested it with its 4-hour support. It will rise to the upper resistance.

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eurcad has re-entered its wedge. There is a solid resistance at 1.488 on the daily, this resistance can be used as a stop, and a short position can be opened up to the lower support of the wedge.

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USDCHF broke and tested its 4-hour resistance. It then hit a resistance on the hourly and broke it as well. In order to keep the stop distance short, I open a long position using the resistance it broke on the hourly as a stop.

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The eurusd chart I shared yesterday reached its first target. It is currently breaking the wedge resistance and testing it. With a positive test result, our next target will be 1.0950.

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eurusd had made a nice rise after breaking and testing the falling channel. If it gets a reaction from the region that previously worked as a solid resistance, it will rise up to the wedge formation it made on the daily.

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cadchf has been in a downtrend for a long time and has formed a flag formation in this trend. It is currently testing this formation in the region it is in. It will continue its sharp decline as a result of the retest.

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Audcad had formed a triangle formation above its uptrend. It broke it and tested it several times. From here it will pull back to the lower trend support.

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EURCHF broke the minor resistance. From here it will rise to the major trend resistance.

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EURCHF broke the minor resistance. From here it will rise to the major trend resistance.

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audusd had recently broken the rising trend channel and is now retesting it. These levels may now be the time to open short positions.

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Euraud broke its downtrend last week, but continued to fall by acting on this trend. It has now received a sharp reaction from the point where this trend intersects with the support zone. As a result of the continuation of the price action, the targets on the chart will come.

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audusd has broken the channel. It will pull back to the 0.6480 level from here.

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cadjpy had previously made a fakeout in the minor downtrend. Now it is approaching this trend with volume. In case of breakout, it will rise to the channel median and also the session resistance level of 109,000. In case of breakout of the 109,000 level, it will rise to the upper region of the channel, 111,000.

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I had previously shared a post about USDCHF expecting an upward movement once the 0.8550 resistance is broken. Now it has broken the minor resistance it created above here. I think the area it is in is suitable for a long position. It looks bullish.

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USDCHF broke the resistance and made this area permanent after testing. After that, it will rise to the upper resistance of 0.87300.