ForexFarmAnalysis

ForexFarmAnalysis

EURUSD is still sideway and weekly support and resistance is same as previous week.

ForexFarmAnalysis

I drew support and resistance areas on chart.

ForexFarmAnalysis

Gold is bullish for the next four or five year. but for mid-term, eyes should be on the pattern that was drawn on chart.

ForexFarmAnalysis

We should wait till August candle close to see if it confirms the breakout of Wedge pattern or not!

ForexFarmAnalysis

Upward sloping flag is forming which could trigger a move lower. A break below 1.3070 would expose 1.2980 and perhaps 1.2800

ForexFarmAnalysis

EURUSD is still sideway. so the resistance and support areas are same as last week.

ForexFarmAnalysis

Gold is consolidating since it is below 2075. But long-term trend is still Bullish.

ForexFarmAnalysis

Since 0.6500 is intact as support, the pair is bullish. Because it has just broken the multi-year Wedge pattern.

ForexFarmAnalysis

Since the pair is still consolidating, support and resistance areas are same as last week.

ForexFarmAnalysis

Since EURUSD is consolidating, supports and resistances are same as last week

ForexFarmAnalysis

Supports and Resistances

ForexFarmAnalysis

Supports and Resistances

ForexFarmAnalysis

supports and resistances

ForexFarmAnalysis

For the week ahead, 2000 is resistance and 1900 to 1915 is support.

ForexFarmAnalysis

Did the pair break the multi-year pattern?! yes, but it was marginal. For the week ahead, 106.00 is resistance and 101.00 is support.

ForexFarmAnalysis

For the week ahead, 1.2800 is support and 1.3160 is resistance.

ForexFarmAnalysis

EURUSD just broke Multi-year wedge pattern in July close. For the week ahead, 1.1900 is resistance and 1.1770 to 1.1780 is support.

ForexFarmAnalysis

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