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Eurusd uptrendEurusd
The instrument has practically worked out the support,
the moments when it does not reach the level and turns around should not be traded,
most often it is a cheat from the market maker,
it will collect the necessary position and turn around to test the level.
I am waiting for a support test with a further rollback if the rollback is more than 30% movement,
you can ponder and look for prerequisites confirming the change of the local trend to an upward one.
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❗️7 / 7 last EURUSD ideas come TRUE ❗️
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#GBPUSD#GBPUSD
The instrument is in an upward price channel .
Ahead of the trend is strong resistance - the February price peak 1.4242, followed by the historical target - 1.4375, which the currency pair should reach in the near future.
Now we expect the end of the correction and a rebound from the support of the price channel to 1.4242, a breakdown and growth to the upper border of the channel, which intersects with the key resistance 1.4375.
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10/ 11 last GBPUSD ideas come TRUE
#GOLD#GOLD
Gold is confidently moving upwards, having previously broken through the resistance of the ascending channel .
The distribution is only getting stronger.
But, ahead of the not unimportant resistance level 1927.85, at which one should expect a reaction,
I think there will be a correction to the channel border.
And the instrument should be continued after the corrective movement to go to the target - 1958.5
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6/6 last GOLD ideas come TRUE
#EURUSD#EURUSD
At the moment, the forecast does not change.
We have an uptrend inside an upward price channel .
The currency pair is consolidating above the level of 1.2175, which means that we are in the buy zone.
Bullish preconditions are as follows: a false breakout in the opposite direction to the trend - a set of energy for movement, consolidation at the support 1.2175, an uptrend, an upward price channel .
I expect growth after the end of consolidation to at least 1.2344
#NZDUSD#NZDUSD
The instrument is in an uptrend. At the moment, it moves in an upward price channel . We came to the resistance 0.7315 the first time with this channel, we did not break through the line, but the currency pair enters the retest of the 0.7315 level without updating the lows and breaking the picture.
I expect the price movement to continue, resistance breakdown and achievement of the global target - resistance 0.74328
#USDCHF#USDCHF
The trend is downward. Inside the channel, the price came up at the upper border.
I think that either a rebound from this 0.901 boundary or its false breakout will be completed.
If we pay attention to the global chart, we can see the breakdown of the channel and the entry of the price for the correction.
I expect to see a consolidation below the support of the channel and further downward movement towards a strong support - 0.8758
EURJPYAs I said last weeks...EJ will climb in the next few days or stay in this area ... Just like I told you at EG, EJ made 6 green candles on the 1 month chart, which has only happened twice in the last 15 years! for now I will be very reserved with this pair and I will look for massive SELL in the first part of May especially since W did!
EVER in EJ's history he has never made 7 consecutive positive candles!
On both charts, it is perfectly closed a W so down the 500-700 pips is imminent!
If we look into the left on the 1st chart we will see that EJ has formed a W in 2018 where a 1500-pips descended and even if it seems unreal I think at least 50% of this move will also do it. this date!
Anyway ... I expect the climb to the area 133,100-133,400 and after a very powerful descent to area 125-127
THIS WEEK...If we make a parallel between the chart on a week and one month we can see as EJ Pattern Pattern formed since 2018!
In the 1 week chart we observed that this is a very important area for EJ's near future ... if you see in the left circle, any closure even for 1 day over the green line means an imminent climb in the 137,300 area
However ... if the month of May closes below 134,050 then we can take into account a very strong retreat movement up to the 125,000 area and so on ... UP AGAIN!
anyway ... it looks like it will be the first time in 15 years when EJ ends 7 consecutive months on GREEN
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
#EURUSD #EURUSD
👉New forecast
The price returned to the lower part of the channel, failed to break through the strong resistance line.
Therefore, at the moment I expect them to go down - to the lower level of the channel.
In general, in such an unstable situation with my strategy, I advise you to wait a little.
EURJPYAs I said last weeks...EJ will climb in the next few days or stay in this area ... Just like I told you at EG, EJ made 6 green candles on the 1 month chart, which has only happened twice in the last 15 years! for now I will be very reserved with this pair and I will look for massive SELL in the first part of May especially since W did!
EVER in EJ's history he has never made 7 consecutive positive candles!
THIS WEEK...If we make a parallel between the chart on a week and one month we can see as EJ Pattern Pattern formed since 2018!
On both charts, it is perfectly closed a W so down the 500-700 pips is imminent!
If we look into the left on the 1st chart we will see that EJ has formed a W in 2018 where a 1500-pips descended and even if it seems unreal I think at least 50% of this move will also do it. this date!
Anyway ... I expect the climb to the area 133,100-133,400 and after a very powerful descent to area 125-127
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
#GOLD#GOLD
The price broke through the support at 1790.57, thus leaving the falling channel.
She continued to grow in a small growing channel.
It touched the resistance of 1844.72 and began to fall.
Before reaching the support line, the price began to rise again.
I expect a return to resistance.
The target is 1868.70.
#EURUSD#EURUSD
After the rise from the 1.170 support (after the third wave of the collapse), the price rose to the resistance line. It bounced off the resistance at 1.214. But after the rollback, 1.218 was fixed on it.
Since the beginning of the week, the price has been slightly falling. I expect it to continue to the support line.
The target is 1.182.
🔔 11 / 13 last EURUSD forecasts come TRUE
XAUUSD 05 05 2021XAUUSD 05 05 2021
Gold continues to rise after a rebound from the support level of 1675.91. During the growth in April, it broke through the support lines: 1742.92 and the level of 1763.79. Then it rose to the resistance zone 1798.59 where the resistance lines of August 2020 and March 2018 intersect. Strong resistance is the main reason for the fall. I expect the price to fall again, break through the support level of 1763.79, fix on it and come to the support line at 1707.20. This will be our goal.
US30 Analysis.We have seen US30 (also known as Dow Jones) decline for two weeks now, bearish movement all the way.
On Today's analysis Bias: Short Bias
Based on the break of previous market structure, wait for retest.
Entry: Enter upon retest.
All the best!!
EURJPY 04 05 2021EURJPY 04 05 2021
#EURUSD
In April, the price rose from the 1.168 support (the main turn line in March 2020) to the resistance of 1.215 The price reversed and started to fall. I expect the fall to continue.
The main reasons for this are:
- breakdown of the support at 1.197 (slowdown in price).
- strong resistance line of February 2020.
The target is 1.186.
EURJPY 03 05 2021EURJPY 03 05 2021
1 - false breakout of the resistance at 131.45 (the price has already returned to the line).
2 - strong resistance in July 2019 (border of an uptrend) without any breakout.
3 - the end of the growth, which has been from the beginning of January from the lower support of the channel 125.64.
Target - 127.98