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DeGRAM | GBPAUD resistance retest.The currency pair has been in the global flat for a whole year. A huge amount of energy has been accumulated, in this range - 1.769 - 1.840. When the range is broken, a very good and long movement should follow. I assume that this movement will be upward. We have a clear trend line of support, after the test of the level, the currency pair did not go to the opposite border of the channel, we are approaching a retest. Target - 1.85547 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | EURNZD in the growing channelAfter the March change in trend from downtrend to upward, the instrument formed a price channel, which shows that the breakout was true and we have no upward correction. Inside the channel, we have a formed clear support line, which the price takes into account. I expect the growth of the currency pair to the upper border of the ascending channel, rewriting the key point - 1.713 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
1
DeGRAM | EURUSD Updating the forecast.As we can see, a local channel has been formed within the global one. The fight at the strong level 1.21779 continues to exist. Yesterday's short forecast would have been relevant for today, if the instrument had gone below 1.210, but this did not happen, we just pushed off again from the formed support and returned to the long zone beyond the level of 1.21779. I suppose that the price will stay in this local channel for some time, I expect a slight increase. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
DeGRAM | EURUSD Updating the forecast. As we can see, a local channel has been formed within the global one. The fight at the strong level 1.21779 continues to exist. Yesterday's short forecast would have been relevant for today, if the instrument had gone below 1.210, but this did not happen, we just pushed off again from the formed support and returned to the long zone beyond the level of 1.21779. I suppose that the price will stay in this local channel for some time, I expect a slight increase. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Long
by DeGRAM
3
DeGRAM | EURUSD descend from resistance.The instrument has no energy to go above 1.21746. Yesterday there was an attempt to go long from the resistance, but it was only in the attempts of the participants that there was a trend false breakout. The zone of resistance is strong enough and thus difficult. Now the instrument is starting a counter-trend movement towards the support of the price channel . I expect a decline to 1.188. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
2
DeGRAM | EURUSD descend from resistance.The instrument has no energy to go above 1.21746. Yesterday there was an attempt to go long from the resistance, but it was only in the attempts of the participants that there was a trend false breakout. The zone of resistance is strong enough and thus difficult. Now the instrument is starting a counter-trend movement towards the support of the price channel. I expect a decline to 1.188. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
1
DeGRAM | EURUSD strong level. Fight of two sidesOn the lower time frame, the currency pair is in a flat straight at a strong historical resistance level of 1.2178. There is a strong struggle for the situation on the market, buyers or sellers ... At the moment, the price stood at the intersection of two strong levels, which complicates the situation with further choice of direction. I expect a return below the level and a further fall to the trend support to 1.2126. The global picture. We see consolidation under the price channel support, which is a classic long-term sell signal. The price is in the short zone. ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM