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GBPUSD Facing bullish pressure | 30 July 2021GBPUSD is currently holding above ascending trendline support. A further push up above our entry at 1.39490, where we have 23.6% Fibonacci retracement towards our take profit at 1.40202 where we have -27.2% Fibonacci retracement could be possible. Technical indicators are showing room for further bullish momentum as well Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
1
Xauusd Gold uptrend An impulse in the breakdown of resistance after consolidation. I'm waiting for the price to rise, because gold in the long zone, trading above the resistance level . Target - 1859 ➖➖➖➖➖➖➖➖➖ My past forecasts on GOLD 👩‍💻 №1GOLD +215p✅ №2GOLD +335p✅ №3GOLD +380p✅ №4GOLD +253p✅ №5GOLD +238p✅ №6GOLD +172p✅ №7GOLD -30p❌ №8GOLD +95p✅ №9GOLD +118p✅ №10GOLD +132p✅ №11GOLD +198p✅ №12GOLD +30p✅ №13GOLD +220p✅ №14GOLD +123p✅ №15GOLD +54p✅ №17GOLD +65p✅ №18GOLD +54p✅ №19GOLD +120p✅ №20GOLD +94p✅ №21GOLD -20p❌ №22GOLD +54p✅ №23GOLD +131p✅ №24GOLD +53p✅ №25GOLD +161p✅ №24GOLD +88p✅ №26GOLD +264p
OANDA:XAUUSDLong
by fxpremiere
Gbpaud uptrend The uptrend continues after exiting strong accumulation. The price is trying to break through the price channel upwards, thereby increasing the distribution movement, I think that a slight rollback to support with further growth is possible. Actual target - resistance 1.90 ——————— ❗️8/8 last GBPAUD ideas come TRUE ❗️ ✅GBPAUD №1 ✅GBPAUD №5 ✅GBPAUD №2 ✅GBPAUD №6 ✅GBPAUD №3 ✅GBPAUD №7 ✅GBPAUD №4 ✅GBPAUD №8 —————
Long
by fxpremiere
1
EURUSD approaching resistance, potential drop! EURUSD is approaching our first resistance at 1.1693 (horizontal overlap resistance, 38.2% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to our major support at 1.1597 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement). RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by easyMarkets
4