USDJPY is moving between the trend lines. The chart has broken down and continues to move under the ascending channel. The attempt to break through the resistance was unsuccessful and the price returned under the resistance level. We expect a pullback after the resistance retest. ------------------- Share your opinion in the comments and support the idea with...
EURNZD is trading near the lower boundary of the descending channel. The price has fallen under the dynamic support, which now acts as resistance. The chart formed a bearish takeover when testing the trend line, and after the candle shadow re-defined the dynamic resistance. We expect the decline to continue after testing the lower boundary of the...
NZDCAD is moving between the trend lines in an ascending channel. The price broke through the level coinciding with the 78.6% retracement level of the bearish momentum. The chart successfully tested the lower boundary of the channel. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
EURUSD is moving in an ascending channel between the trend lines. The chart rose from the lower boundary of the channel after forming a double bottom. The price is holding above the support and 50% retracement level of the last bearish impulse. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with...
USDCHF is moving under an ascending channel. The price broke through the trend lines and the lower boundary of the channel. The chart dropped under the support level and broke the ascending structure. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
USDCAD is moving above the trend line in a descending channel. After a false breakout of the upper boundary, the price has returned to the channel. The chart is holding under the 50% retracement level of the last bullish impulse. We expect a decline in the channel after a retest of resistance. ------------------- Share your opinion in the comments and support...
GOLD again failed to hold the previous ascending channel and dropped into the next one. The chart is trading near the trend line. The price is under the 62% retracement level. We expect the decline to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPUSD is moving in an ascending channel above the trend lines. The price has reached the upper boundary twice, forming a double top. The chart has formed a pattern AB=CD. We expect a pullback after consolidation under the trend line. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
NZDUSD is trading in a descending channel between the trend lines. The price continues to hold under the resistance level. The price has already reached the support three times, but the bounces that followed them decreased each time. We think that the pair will continue to decline from the resistance level. ------------------- Share your opinion in the...
NZDJPY is moving in an ascending channel between the trend lines. Volatility decreased after the second touch of the resistance level. We expect a correction to the support level coinciding with the 50% retracement level of the bullish momentum. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
NZDJPY is creating a harmonic pattern where the D point completes right at the resistance level and fibo golden zone. Price is approaching the previous high, where the market dropped. The market created a kill zone where we have a harmonic pattern, psychological level, fibo extension level, and upper channel boundary. We expect a bearish move from the Fibo...
NZDCHF is trading in an ascending channel between the trend lines. The chart is under the psychological resistance at 0.56. The price instantly reacted with a decline after reaching the resistance level and the trend line. We expect a pullback after the resistance retest. ------------------- Share your opinion in the comments and support the idea with like....
GOLD returned to the demand zone. The ascending structure was broken. XAUUSD is in the ascending channel between the trend lines. We expect a rebound after a retest of the lower boundary of the demand zone. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPAUD is moving in a descending channel between the trend lines. The chart is trading in the range between the levels. The longer the price stays in the upper half of the range, the more likely an upward breakout. After reaching the support, the pair formed a bullish takeover. We expect growth after the breakout of the range. ------------------- Share your...
GOLD rebounded from the 50% retracement level XAUUSD returned to the ascending channel. The chart retained its ascending structure. We expect the growth to continue. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPNZD is moving in a descending channel between the trend lines. The past reaching of the channel boundary was accompanied by a sharp decline followed by a reverse sharp move. We think that the pair will continue to decline along the trend. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPJPY is moving in an ascending channel. The chart has reached the resistance level. The pair has reached the maximum since 2008, and the chart is barely reacting to the news that the Central Bank of England will probably not cut the rate this year. The volatility of the price movement has decreased. We expect a correction in the...
GOLD is in an ascending channel. The price has reached the upper boundary of the channel and the psychological resistance of $2450. We expect a pullback to retest the resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!