EURUSD: when will the fall start?Instead of starting to fall from the resistance line 1.213, the price returned to the growth and now is at the resistance level 1.219. Since there are several resistance zones passing nearby (level, line of April 2021), we can expect the long-awaited start of the fall from this zone to the 1.204 support line.
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Sellsignals
GBPJPY: completion of growth and beginning of a bearish trendThe price has been trending since March 2020, when it bounced off the call for 125.89 support. During this year, there was not a single breakdown of the channel lines. Now the price has come to the resistance zone at the intersection of the channel border and the 2007 resistance line. Over the past month, the price has moved not far from these lines. Now we can expect a rebound and fall to support 146.37.
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NZDJPY: the rise and fall in a bullish trendIn March, the price broke through the support 77.41 and returned to the growing channel (October 2020). Within this channel, after the breakout, the price regularly touches the boundaries of resistance and support. Now it rallied from the 77.66 support to the 79.83 resistance. After that, you can expect a boom and a new change to support 78.32.
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GOLD: completion of the rise and reversal to a new bearish trendSince March of this year, the price has risen from the support level of 1677.63 to the resistance zone of 1800.01, where it reversed, started falling and left the trend, breaking through the resistance of 1781.75. After the breakout, the price continued growth with a large number of corrections. It can now be expected to touch the resistance of 1811.15 first. And then it will fall at the support of 1764.54.
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EURUSD: breaking the trend and continuing the fallAt the end of March, the price would end with a bullish trend from the 1.171 support. However, at the beginning of May, it reached the resistance level of 1.214, reversed and began to fall. Now we can expect the price to continue falling in a new downward turn up to the support level of 1.187.
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GOLD: will resume falling in a global downtrendThe price completed the bullish trend, broke through the line at 1782.59, bounced off the support at 1764.54 and consolidated at the resistance line at 1803.19. Then she resumed the fall again. Now we can expect the price to break through the level of 1764.54 and fall to the lower support level of 1726.97.
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EURUSD: how much volume will the bullish trend fall by?After breaking through the resistance line at 1.208, the price left the small upward turn that was formed last month. It fixed itself on the line and continued to fall. Now we can expect that the price will break the closest support level of 1.195, and then the price drop will stop only at the level of 1.187.
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USDCAD: formation of a downward movement within a trendFalling in a downtrend since May 2020, the price has regularly touched the resistance line. Then it always collapsed. This happened in November 2020 and also in January. and February 2021. And now - in April. The price falls from the resistance line 1.251 and can be expected to stop only at the support line 1.220.
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CADJPY: the price has reached a strong resistance zone and is reThe price reached the resistance zone of 89.02, which was formed at the intersection of a historically strong level and two lines: October 2015 and October 2019. From this resistance zone, we can expect the price to fall towards the support level of 86.54. This will be the first target when the price falls.
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GOLD: When is it worth waiting for the growth to stop?At the end of April, the price broke through a small uptrend (from March to April 2021), falling below the resistance line of 1781.34. Then it dropped to the support level of 1764.54. And already bounced from this level and fixed on the resistance line. Now the price has again made a fall to the level and growth with resistance and we can expect a new reversal and fall from resistance 1802.20 to support 1764.54.
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EURUSD: completion of the fall at the support levelThe price has been growing since the beginning of April bouncing off the 1.170 support line. However, in the end, it stopped at the resistance 1.215, fell and broke through the growing trend at point 1.208. After that, the price fixed on the resistance in the same hold and continued to fall. So now we can expect a fall to the 1.195 support level.
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EURUSD completion of a bullish trend, correction and fallAt the end of March, the price started to rise by about 1.172. After that, it broke through the 1.193 line and the 1.196 level and continued to rise in the uptrend. However, at the last week, the price left the turn, breaking through the resistance at 1.209. Now we can expect a correction to the line at the point 1.212 and a fall to the support level of 1.196.
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GBPJPY resumption of decline after consolidation to resistanceSince March 2020, the price has been moving in an uptrend. And in April 2021 it touched the resistance line 153.19. Another senior line runs right there - formed in July 2007! From this strong resistance, the price began to fall. During the fall, the price has already made several corrections and it can be expected that it will fix on the resistance line 152.67, and then fall to support 144.66.
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GOLD: return to bearish turn after breakoutElements of the chart that are important to pay attention to:
- trend line resistance from August 2020
- historically strong level 1760.82.
- breakdown of the resistance zone 1773.24.
After the breakout of the level and the turn line, the price began to fall. We can expect a new robust at 1760.82 and a fall in the trend to support 1683.23.
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EURUSD: will the bullish trend end before the end of the week?Elements of the chart that are important to pay attention to:
- bullish trend from point 1.172 (March - April 2021)
- support level 1.196.
- resistance level 1.219.
The price has been rising since March. During the rally, it was able to break through the previous downtrend at point 1.193. Now we can expect a rise to the resistance of 1.219 and a reversal to the support of 1.196.
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GOLD : when to wait for the end of the price rise?The movement of gold continues to be unstable - with frequent small corrections. The price dropped beyond the border of the growing channel 1777.83. Then it pushed off the level of 1764.54 and rose again. It can be expected that it will return to the channel, grow to the resistance level of 1811.51, and then fall again to support 1764.54.
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GOLD: renewing the idea and returning to the fallOver the past day, the price fell and was able to break through not only the small trend line (since March of this year) 1774.55. But also the senior line of August 2020 and the resistance level of 1765.77. This may still turn out to be a correction to growth, but even in this case, right now, we can expect that the fall will continue to the zone of 1721.90.
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USDCAD: resumes falling in a bearish trendLast week, the price was able to break through the resistance line 1.253, but instead of consolidating and starting to grow, it fell again and returned to the downtrend. The price has been following this trend since May 2020. There are also smaller downtrends within it, each of which is formed after the price touches a resistance line. Therefore, even now we can expect that the price will continue to fall from the resistance at 1.252 and will come to support at 1.219.
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CADJPY : falling between strong zones of resistance and supportFollowing the completion of the rising wedge pattern in January of this year, the price rallied by the volume of the trend preceding the pattern. And it broke through the level 86.59. Since the beginning of March, the price has been moving between this level and the 2019 resistance line. And last week she pushed off the level again. We can expect that the price will reverse at the strong resistance zone of 88.66 and fall again at the support blood level at 86.59.
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AUDUSD: drop between two zones of resistance and supportAfter the completion of the falling wedge pattern, the price broke through the border - the support line at 0.762 and started to grow. But it stopped at the resistance zone 0.780. The price fell from this zone, unable to break through it, but jumped again and touched the zone for the second time. You can already see how the price reversed again and I expect a fall to the 0.767 support line.
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EURUSD: when to wait for the completion of growth?The price is still rising in a small uptrend. During this trend, it broke through the falling channel line (January 2021) 1.193. Anchored on the support of the global growing channel (April 2020) 1.194 and continued to grow. During the rally, the price also made a slight correction. Now it can be expected that the price will rise a little more and stop at the resistance level of 1.218. Then it will turn around and fall to support 1.202.
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GOLD: completion of the correction and return to bearish trendThe rise in gold ended at the resistance line of 1785.49. This is the August 2020 resistance trend line. Its only breakdown occurred in early 2021 during the riots in the Capitol. The last period of price growth (from support 1677.45 - correction within the main downtrend. Therefore, now we can expect a new fall to support 1690.19.
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EURUSD: three touches of the resistance level - wait for fall?After the growth from the support trend line at 1.170 and the breakdown of the support trend line (at that moment of resistance) at 1.187, the price was able to stop at the resistance level of 1.207. However, she still hasn't started to fall. During this week, the price made several corrections to the level and is now near it again. We can expect that after such a strong fixation, it will finally fall to the support level of 1.195.
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