DON'T buy EURUSDHello Traders!
If someone has not noticed, then EURUSD has been in the falling channel for a year now and you should not buy it especially now.
The price is near the important resistance line of the falling channel and until this line is broken, I do not recommend buying the euro.
My forecast is that the price after touching this line will begin to fall, breaking through the strong support level of 1.11 with a target to level 1.1
Forextimes
GBPUSD hit strong resistance levelHello Traders!
GBPUSD has reached a strong resistance level of 1.2985 and has now started a downward correction.
I predict a fall to the support zone where there are two support lines and the support level of 1.2777, but first price need to break a small support line
EURUSD near strong Resistance Hello Traders!
As predicted in its last forecast, the price reached an important resistance zone between a strong resistance level and a strong resistance line.
I expect a fall from this price to the level 1.106 and after a small rollback the price will continue to fall to the level of 1.1
GOLD. Waiting for a good entryHello Traders!
XAUUSD broke through the resistance level of 1488, but Gold is still in the falling channel. While it is best to wait until the price reaches the resistance zone 1503 - 1510 where is the top line of the falling channel.
From this zone, I expect a fall to the level of 1488
GBPUSD exited an important falling channelHello Traders!
GBPUSD exited an important falling channel .
And as you can see on the chart, the price has formed a new growing channel
Now the price is moving to three (!) Support lines and a support level 1.257.
This is a good opportunity to open a long with a target to the resistance line near the resistance level of 1.2777