ould retrace briefly down toward the 1.2150 and 1.22 price area, look for the development of the price action to signal a continuation of the uptrend. If the GBP USD breaks strongly above the 1.23 resistance level , the price could continue trading higher toward . the next key resistance level of 1.2645.
GBP/USD NEXT The available range is indicated by the blue line Support 1 20 /its near bottom1 20080 Resistor 1 21233 It is a quiet day ahead for the GBP/USD. There are no UK economic indicators for the markets to consider, with the UK markets closing early for the New Year. The US Session It is a quiet day ahead on the economic calendar, with the Chicago PMI...
Currency pair USD/CHF Dollar/Franc ends the trading week near the level of 0.8922. The pair continues to move within the correction and the downward channel. ****However, in the next few days, the price will fluctuate between 0.90000 / 0.88000. ******* we should expect an attempt to continue falling prices and test the support area ...
The future of the USD CHF pair is very clear. The couple seems to be gradually losing the power to push further up. Accordingly, over the next few days, with clear support and resistance levels, we can move forward a few more days in trading: RS: 0.91000 SP: 0 .89560 Center limit: 0.90492
We expect another increase in the Usd chf pair. The patent pattern shows the forward direction. If it breaks the above resistance, the price will easily rise to 0.94000 0.93729. The expected trend is a reversible barrier. So we are looking for suitable places to trade with a keen eye.
Resistance was introduced on March 5th and is still working well. We expect the price to fall to 0.92250. However, be aware that prices may go up from time to time.
According to the built-in pattern; The price goes up in the direction of the trend and will easily go up to 0.95000.
In what direction does this pattern break? Stay tuned to identify the next trajectory.
According to the built-in pattern; The price goes up in the direction of the trend and will easily go up to 0.95000.
The behavior of the pair at this point will confirm the way forward. If it is a bull, the pair can be expected to cross the 0.96 mark. If it is bearish it should focus on a reversal at 0.92800 and 0.92300 is also a sensitive zone.
On April 7, two scenarios were clearly visible - 0.92800-0.92300 is also a sensitive zone - which is now more confirmed. Now we have to wait and see if the pair will complete the trophy and handling pattern and have the potential to rise again. We are looking for a pattern that confirms a turn.
Breaks 0.92399 and moves upwards. If so.96 moves easily to the limit. Breaking 0.91826 and moving down easily leads to 0-91000.
Yes; The price of the pair could fall to 0.92970 area and if that happens we can expect an increase to 0.94400 area. However, a 0.93000 retest should also increase the price to 0.96000.
Although the price of the pair will fall in the short term, the main trend is bullish. Again significant resistance is seen at 0.95180. Then we expect an increase in the mainstream.
The bull flag pattern clearly indicates the tense of the pair and will move upwards to 0.96000. Expect to reach .95 first.