AUDNZD is moving within the descending channel between the trend lines. The chart instantly bounced lower after reaching the dynamic resistance level. The price formed a bearish takeover. We think that the price will correct from the resistance before continuing the momentum. ------------------- Share your opinion in the comments and support the idea with a...
USDJPY is trading in the range between the trend lines. In the last attempt to test the dynamic resistance, the chart reacted with a sharp decline. We expect a decline. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURJPY is moving in an ascending channel. The volatility continues to decline, which means that a new impulse is about to emerge. The price is approaching the psychological resistance level of 165. The chart has already reacted twice with a sharp decline after reaching the dynamic resistance. We expect a pullback to the 50% retracement level after the...
GBPUSD held above the lower boundary of the descending channel as well as support and dynamic support. The chart repeatedly failed to break the nearest support. The price formed a bullish takeover. We think that the chart is ready to bounce off the support. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
EURJPY is moving in a descending channel. The chart has reached a strong resistance at 164.500 We think that after retesting the resistance, the price will fall back to the 38% retracement level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD reached the lower boundary of the channel. The chart formed long lower shadows on the downside and afterwards formed a bullish takeover. We think that after breaking the dynamic resistance, the price will continue to rebound. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
EURCAD is moving from the lower boundary of the channel. The chart has pushed off from an important support, forming a double bottom. The price is testing the dynamic resistance. We think that the price will continue to rebound to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for...
XAUUSD reached the resistance level, which it could not break through. The chart broke through the dynamic support, which now acts as resistance. The long upper shadow on the candlestick after breaking the dynamic support signals the weakening of the bulls, as well as the doji formed near the resistance. We expect a pullback to the 50% retracement level from...
GBPUSD continues to move in the descending channel after rebounding from the support level. The chart formed a bullish takeover near the support level. The fall that occurred after the formation of two tops reached the level coinciding with the fibbonacci retracement level. We expect a rebound to the retracement level after retesting the nearest support...
USDJPY is trading in the ascending channel, making higher highs and higher closes. The price broke out of the accumulation range and reached the channel boundary. We expect a re-test of the support level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURCAD broke out of the channel. The chart broke the level of dynamic support, which now acts as resistance. The price has reached the 62% retracement level. We think that after the support breakout the price will continue to decline. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
CHFJPY has reached important levels, under which it is now trying to consolidate. The price corrected by 38% from the last upward impulse. The chart has formed a reversal candlestick pattern Hammer. We expect a rebound from the current level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPAUD has formed a bullish flag. The chart is above the dynamic support. We think that after retesting the current support, the price will rise to the 50% retracement level of the last bearish impulse. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
AUDNZD went down from the ascending channel. The chart reached the 50% retracement level of the last bullish impulse. The price formed a candle with a long upper tail. We think that after the support retest the price will go down. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
The strength of CHFJPY rebounds has decreased. The chart came out of the descending channel. The price reached the resistance level coinciding with the 38.2% retracement level. We think that the pullback will take place after the resistance retest is completed. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
EURUSD is moving in a global descending channel. The volatility of the movement has slowed down by the time the price approached the dynamic resistance. The chart was already showing a bearish takeover after reaching the 62% retracement level. We think that the price will continue to decline after reaching the resistance level. ------------------- Share your...
AUDUSD is currently testing the structure resistance level by completing the AB=CD pattern. Volatility decreased, approaching the resistance level. After reaching the dynamic resistance, the chart formed a bearish takeover. The market reached the strong resistance level on the D chart. We expect a sell-off from the resistance. ------------------- Share your...
USDCAD is moving in an ascending channel. The volatility of price movement has decreased. The chart has reached the 50% retracement level of the last upward impulse. The price is above the level of dynamic support. We expect a rebound after a retest of the current support. ------------------- Share your opinion in the comments and support the idea with...