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Fxpremieregroup

#EURUSD#EURUSD At the beginning of the second half of May, the instrument broke up the strong resistance 1.2177 and began to consolidate above this level. Since the trend is upward, the price follows a growing channel, purchases are relevant at the moment. At the end of last week, the currency pair made a false breakdown of 1.2177 and the week closed above the resistance. Now we see the beginning of the upward movement from the support 1.2177. I expect an update of the peak 1.23496 and further growth towards strong resistance
Long
by fxpremiere
#USDCHF 19 04 2021#USDCHF 19 04 2021 In March of this year, the price broke through the 0.918 level during the growth, thus starting a new upward trend. Let me remind you that the price moved below this level for almost a year, breaking through it during the fall in July 2020. Now, after the breakdown, the price continued to grow and even managed to break through the resistance line of 0.936. But after that, it stopped at a strong resistance zone of 0.946 where the lines of April and January 2019 intersect. The price dropped from this zone, broke through the resistance at 0.934 again and returned to the level of support at 0.918. Despite the strength of the resistance zone from which the fall began, I do not think that the price will be able to break through the level. I expect her to bounce off him and grow up again. So my final target is the 0.931 resistance line.
Long
by fxpremiere
#XAUUSD 01 04 2021#XAUUSD 01 04 2021 Over the past year, the price of gold has experienced several strong surges. The first fell on the second wave of covid, then there were elections in the United States, and in January - riots in Washington. Gold dropped after each jump. As a result, the price dropped to the support zone of 1675.94. From this zone, it jumped in early March, then moved along the resistance line 1742.67. And in the end, ok support fell again. After the second swing of point 1675.94, the price started to grow again and now I expect it to touch the resistance line 1725.49, after which it will fall again to support. So my final target is a support level of 1675.94.
OANDA:XAUUSDShort
by fxpremiere
#EURUSD 24 03 2021#EURUSD 24 03 2021 I want to remind you that the price has been moving in the global ascending channel since February last year. And at the beginning of this year, it touched the resistance line of this channel at 1.233, after which the process of falling began. This fall also fits into a small downtrend channel that formed in October last year. For us, the most important thing that happened during the fall was the breakdown of the resistance line 1.1198, which took place in early March. This line was the lower border of the ascending channel, and after the breakout the price left it. Now I expect the price to bounce off the 1.181 support line and rise to the 1.201 resistance line. This will be our goal.
Long
by fxpremiere
1
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
CADJPY 15 03 2021CADJPY 15 03 2021 Price in Feb touched the support line at 84.80, after which it fell sharply and came to the next support at 73.72. This line became the trend line for an uptrend that has been going on for over a year. During this time, the price broke through the 85.66 support during the growth, fixed on it and continued to grow. Immediate resistance on the price path is a strong zone formed by the 2007 level and resistance line! Therefore, I expect that from a strong support the price will continue to rise and touch the resistance zone at 89.15, after which it will reverse and fall again. Thus, my final target is the support line at 85.78.
Short
by fxpremiere
XAUUSD Uptrend 04 03 2021XAUUSD Uptrend 04 03 2021 As you remember, Gold has been in a downtrend since August 2020. At the same time, it showed strong growth several times, such as in November during the US elections or in January during the Capitol riots. However, in general, the trend continues. Nevertheless, I continue to expect the price to rise. Gold has been in a strong support zone for several days now. In this zone, two lines of August 2020 and May 2016 intersect. The price is testing this zone by means of pullbacks and corrections, and yet I expect that it will soon begin to rise. I expect the price to rise and come to the resistance area of 1800.37.
OANDA:XAUUSDLong
by fxpremiere
AUDCAD Upward Trend 04 03 2021AUDCAD Upward Trend 04 03 2021 One of the main lines on the chart is the support line formed in October 2020. Despite the fact that the line is not very long, it has repeatedly reversed the price during the fall. In addition, every reversal took place with little or no correction. Recently the price dropped from the resistance line of 0.999 and is now at the support line of 0.983. At this line, the price is well entrenched and now I expect new growth. Thus, my final target is the resistance line at 1.002.
Long
by fxpremiere
1
XAUUSD Forecast 02 03 2021XAUUSD Forecast 02 03 2021 The GOLD price dropped a little more and is now in a strong support zone at position 1716.93. This zone is formed by two lines. The first one appeared in August 2020, the second stronger one - in July 2016 Now the main question for all investors is when exactly gold will stop and begin to grow. I think this support zone is the perfect starting point for growth. I expect the price to bounce off it and rise towards the resistance zone. So my final target is the 1800.37 resistance zone.
OANDA:XAUUSDLong
by fxpremiere
EURGBP Forecast 02 03 2021EURGBP Forecast 02 03 2021 At the end of February, the price of this currency pair dropped to the strong support zone of 0.859. In this zone, the level of support intersects as well as the senior strong line of July 2015. This zone stopped the prolonged fall in prices and turned it towards growth. However, after the growth spurt, the price returned to the zone again. I consider this movement as a correction and now I expect that the first thing the price will touch the support zone again. And then it will rise to the resistance line 0.871. This will be our goal.
Long
by fxpremiere
EURCAD Forecast 02 03 2021EURCAD Forecast 02 03 2021 This currency pair is also moving in a very strong downtrend channel that formed on the chart back in the summer of 2020. And in this channel there was only one significant breakdown of the resistance line. However, the support line is very strong. The price broke through the senior resistance line 1.545 long ago. She appeared in 2012. Then it dropped to support 1.521, fixed on it and now I expect growth. So my final target is the 1.548 resistance zone.
Long
by fxpremiere
AUDUSD Forecast 02 03 2021AUDUSD Forecast 02 03 2021 Last week the price touched the resistance line 0.7989 and after that it collapsed. During the growth, it managed to break through the resistance line 0.784 and the level 0.777 after which it still stopped at the strong support line 0.771. This support line, like the rest of the lines on the chart, has existed on the chart since spring 2020. Therefore, it is not surprising that the price returned from it to the support level of 0.775. After such a sharp drop, there will definitely be a corrective growth and I expect the price to rise to the resistance line of 0.787.
Long
by fxpremiere