foxforex3

foxforex3 Updated 

EURNZD fell to an important support level. We think it will break its downward trend with the reaction it will receive from this support. After the retest, the first TP will be 1.8400, then the second TP will be 1.8500.

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If nzdjpy rises to the 86,500 resistance in its falling channel, it will be a good setup for a short position.

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gbpnzd started to pull back with the reaction it received from the upper resistance of its falling channel. It will first pull back to the level of 2.1840.

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A cup-handle formation has formed on the eurusd chart. A short position with a stop above the 1.035 level will be a profitable position.

foxforex3 Updated 

XU100 is in contact with the upper resistance of the wedge it entered in December 10. I think it will decline to the lower support, but the target is to return to the 11,000 level with the wedge break.

foxforex3 Updated 

EURGBP broke out of its falling wedge and tested this breakout at 0.8400. Its next target will be 0.8550.

foxforex3 Updated 

The cup-handle formation formed by gold is working very well. After pulling back to the 2,760 level and testing the price, the target area is 2,800.

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EURUSD broke and tested its downtrend last week. It has currently broken and tested the 1.047 level. The next targets are 1.062 1.076 1.095 respectively.

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If eth breaks the wedge it has created, it will test the breakout at 3,400 and rise to 4k. However, if this breakout is downward, it will retreat to 2,700.

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BTC is about to break the wedge it formed on its hourly chart. After the upward breakout, it will continue to rise after testing the 107k region.

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USDJPY tested its daily rising trend for the 4th time. It may break this trend at the next contact. The targets are as in the chart with the retest after the break.

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After breaking the downtrend, EURUSD was stuck at a resistance on the 15-minute chart. It has now broken this resistance. After the retest, we can expect sharp upward movements.

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Isn't it time to break Others' wedge? Other seems to be about to break the wedge it entered at the end of November. As a result of its breakout, we may now see sharp increases in many altcoins.

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I had previously shared a chart for nzdchf. I was expecting the wedge to rise to 0.5250 if it tested the support zone after the upward breakout, but the price broke the wedge downwards instead of upward. Now it is inside the wedge again and has formed an inverted flag formation. With the downward breakout of the channel, the TP zones will be as in the chart.

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gbpjpy broke and tested the 195,800 area again. It will rise to the 198,800 area.

foxforex3 Updated 

eurnzd created a nice pennant formation on the hourly chart. A nice long trade can be opened with its breakout.

foxforex3 Updated 

Although Ethereum broke its downtrend strongly, it could not pass the 4k region. It is currently testing the trend breakout again. If it passes the 3,555 level, it will try to pass the 4k region again.

foxforex3 Updated 

A nice short position can be opened when eurusd breaks the triangle formation it made on the hourly basis. Don't forget to set an alert on the lower trend line.