foxforex3

foxforex3

gbpjpy has created a falling channel on its 4-hour chart. When it tried to break the lower trend of the falling channel, it created a fakeout and received an upward reaction. I think this price movement will continue until the upper trend of the channel.

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It had created a nice head and shoulders formation on the eurusd chart. It broke the resistance. 1st target: 1.1200 2nd target: 1.7500

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eurnzd created a nice pennant formation on its 4-hour chart. The first possibility is that it will break the pennant directly and rise. The second possibility is that it will decline to the lower support of the pennant and react from there.

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Silver received support from the lower support of the ascending channel by making a double bottom. The target is 35,000 according to both Fibonacci and channel trend.

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The silver chart I shared before is working very well. The flag formation has now been broken. The price will reach the 35 level again in the coming months.

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Gold has broken the downtrend it made within the rising trend. If it confirms this breakout, the upper levels of the target channel will be 3,100.00.

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AUD USD is about to touch the rising trend. As a result of the reaction, it will rise to the yellow trend.

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EURGBP is in an important support area within the falling trend channel. If it moves downwards, its first target is 0.82000, then 0.80500. If it moves upwards, its first target is the 0.84600 resistance.

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EURJPY made a double bottom inside the rising trend channel. If it passes 162,000, its next target will be 164,000.

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After breaking the 0.9500 support, the EURCHF is forming a flag formation on its chart. It is currently at the lower support of the formation. If it reacts from here, its first target is 0.9700.

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USDCAD tested the main support area after breaking this area. The next target is the support area located at 1.4200.

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gbpchf fell to the lower support of the rising trend channel. With the reaction it will receive from here, a long position can be evaluated by targeting the median of the channel.

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Euraud is retreating towards a strong support area within its falling channel. I think there is a possibility of a reaction from this area and a price increase to the upper part of the channel.

foxforex3 Updated 

eurjpy breaks its trendline with a strong movement. 164.000 will be the next target.

foxforex3 Updated 

A bearish wedge has formed on the hourly chart of nzdusd. If it breaks, the first target will be 0.5600.

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audnzd broke its uptrend. and is currently retesting. TP levels are as in the chart. TP1 1.10080 TP2 1.09400

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EURNZD has fallen back into the rising trend channel. Short positions can be carried up to the median of the channel.

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gbpjpy broke the downtrend within the channel. For those who cannot trade from here, there is a resistance at the level of 193,000, and with the break of this resistance, a long position can be held up to the upper channel of the channel.