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Fxpremiere

XAUUSD 19 03 2021XAUUSD 19 03 2021 The price continues to move in line with my past predictions. First, the price came to the support line, broke through it, consolidated and continued to grow. Then the price continued to rise and came to the correction zone, which I also mentioned earlier. After the rollback, the price again touched the support zone 1734.01, thereby working out the correction about which I talked about in the previous forecast. Now the price is in this support zone. The zone itself was formed in February of this year, but it is also supported by the line of January and the older one - December 2020. Therefore, I expect the price to rise from the support zone. Thus, my final target is the resistance line 1767.52.
OANDA:XAUUSDLong
by fxpremiere
1
USDJPY 19 03 2021USDJPY 19 03 2021 This growth is based on a small support line, which also formed in January. The last time the price bounced off this line at 105.19 was at the end of February and the momentum was enough for a strong growth. During the growth, the price broke through the support level 108.40 and eventually came to a strong resistance zone at 109.32. In this zone, the price consolidated by touching it twice and, as a result, reversed again in the fall. I expect the price to continue falling from the strong resistance zone. It will be able to break through the 108.40 support level, gain a foothold on it, and eventually come to the 107.18 support line. This will be our goal.
Short
by fxpremiere
AUDCAD 19 03 2021AUDCAD 19 03 2021 strong resistance zone formed by the level of 0.974 and the line of 0.975. After a false breakout of this zone, the price fell to the 0.964 support line and broke through it. However, almost immediately the price returned to the line and therefore I believe that the breakout was false. Now the price is in the process of correction and I expect that first of all it will touch the support line at 0.965 and only after that it will rise again to the resistance level of 0.974.
Long
by fxpremiere
NZDUSD 18 03 2021NZDUSD 18 03 2021 In November last year, the price of the currency pair showed good growth and broke through the 0.696 support line, thereby returning to the uptrend, the price has been moving exactly between these lines, only occasionally making false breakouts. The other day the price bounced off the 0.717 support line and jumped up a lot. Now it is in the process of a slight correction, but I still expect that the first thing the price will complete the growth and touch the resistance line 0.734. And then it will turn around and dodge to the support line. So target for the support line is 0.717.
Short
by fxpremiere
EURCAD 18 03 2021EURCAD 18 03 2021 Now the price is at a very important moment. For the first time in a year, it returned to the support level of 1.482. The last time the price touched this level was in February 2021, when it broke through and showed an increase. Despite the fact that the price has been in a small downtrend since July 2020, it nevertheless moved quite high above the level. However, in early March, the price broke through the resistance line 1.521 and collapsed heavily. At the moment, the price is in the support zone, which is formed by the level and line of September 2019. The price touched the zone at the beginning of the week, then bounced back and now returned to it.
Long
by fxpremiere
EURGBP 17 03 2021EURGBP 17 03 2021 The strong resistance level of 0.866 and the line at 0.872. But after the breakdown and consolidation, it eventually came to a strong support zone of 0.855, where it stopped. This zone is formed by two very strong support lines. One of them appeared on the chart in 2017, and the second in 2015! The price first touched this zone on March 9 and has been moving along it since then, failing to break through. However, there has recently been a spike in growth. Then the price returned to the zone and I expect that after such a test of growth, it will be able to rise again and the final target is the 0.866 resistance zone.
Long
by fxpremiere
GBPAUD 17 03 2021GBPAUD 17 03 2021 In December last year, the price collapsed greatly and during the collapse was able to break through the small support line 1.765. However, immediately after the breakout, it returned to growth, and as a result, this line became the lower border of the growing channel, which has existed since December. The upper border of the channel is the resistance line formed at the same time. During the growth in the channel, the price had breakdowns of the support line, but at the beginning of March it rose to resistance 1.809, after which it fell again to support 1.787. Now we see how the price bounced off the line and started to rise. I expect the price to rise to the resistance zone at 1.813. This will be our goal.
Long
by fxpremiere
XAUUSD 16 03 2021XAUUSD 16 03 2021 GOLD stopped its long fall at the support line 1679.29. it rose to the support line 1733.79. However, she could not pierce it and rolled back. During the second rise in price to the support line, it was able to consolidate on the line, and then break it out at point 1729.35. After the breakout, the price made a slight rollback and fixed on the line. Such a perfect breakout with two fixations on the line gives reason to expect the price to start rising. This support line was formed in December 2020 and acts as a correction zone for the price. Breakout and consolidation are just part of the upward correction and now I expect the price to continue to rise and rise to the resistance line. Thus, my final target is the resistance line 1760.83.
OANDA:XAUUSDLong
by fxpremiere
EURUSD 16 03 2021EURUSD 16 03 2021 Yesterday a long-term forecast for the development of the Eurodollar. It is important to note that during the fall at the end of February, the price was able to break through the strong resistance line at 1.197. This line has existed on the chart since February last year. After the breakout, the price dropped to the support line and then rose again to the resistance. Now the price is in the process of falling again and I expect it to first touch the 1.187 support and then rise to the 1.205 resistance.
Long
by fxpremiere
AUDUSD 16 03 2021AUDUSD 16 03 2021 The price movement is determined by the support and resistance lines that appeared on the chart last spring. These lines give a small upward bias to the price so that it continues to rise all this time. At the beginning of the year, another one joined the main lines of the chart - formed at the point 0.782 during a small downtrend. Now the price is in the resistance zone, which was formed at the intersection of the March 2020 trend line and the small support line from January 2021. We expect the price to start rising from this 0.772 zone, during which it will reach the resistance line 0.798
Long
by fxpremiere
AUDCAD 16 03 2021AUDCAD 16 03 2021 In February of this year, there was a gradual fall in prices from the local maximum of 0.999. The price has been rising to this high since last spring. The fall took place in several stages, each of which was accompanied by a correction. During the fall, the price broke through the strong resistance zone of 0.975. Recently, the price bounced off the support line of March 2020 - 0.963, after which it fixed on the line and now I expect the price to start a new rise. I expect that after the correction the price will return to the resistance zone of 0.975.
Long
by fxpremiere
USDJPY 15 03 2021USDJPY 15 03 2021 the price bounced off the 104.94 support line. After that, it grew rapidly, was able to break through the support level 108.40, and as a result, after consolidating at the level, it came to a strong resistance zone at 109.44. This area is formed by two resistance lines. The first is a small trend line that appeared in September 2020. The second is one of the strongest lines on the chart, formed at price peaks since 2015. Therefore, I expect that the price will reverse in the fall from this zone. It will break through the level, fix on it after the breakout and come to the support line 107.29. This will be our goal.
Short
by fxpremiere