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EURUSD buy EURUSD buy - The instrument is in a correction phase in an uptrend. The goal of the end of the correction, I suppose, is a strong support level . The global trend is growing. It is quite difficult to trade against the trend, so I recommend waiting for the level to be tested and further searching for the required formation. I expect growth from the support level to the point of intersection of several resistances at the price of 1.217 ——————— 3 / 3 last EURUSD ideas come TRUE
Long
by fxpremiere
#EURUSD#EURUSD The growing trend within the growing channel remains relevant. We have clear boundaries of the price channel , the instrument respects them. At the moment, there is a small correction from 1.2218 to the upward support, which intersects at 1.2177 with strong historical support. I expect the instrument to consolidate at the support level at about 1.2177 with further growth to at least to the resistance of 1.2266, and globally to the upper border of the price channel
Long
by fxpremiere
XAUUSD 05 05 2021XAUUSD 05 05 2021 Gold continues to rise after a rebound from the support level of 1675.91. During the growth in April, it broke through the support lines: 1742.92 and the level of 1763.79. Then it rose to the resistance zone 1798.59 where the resistance lines of August 2020 and March 2018 intersect. Strong resistance is the main reason for the fall. I expect the price to fall again, break through the support level of 1763.79, fix on it and come to the support line at 1707.20. This will be our goal.
OANDA:XAUUSDShort
by fxpremiere
#NZDUSD 20 04 2021#NZDUSD 20 04 2021 As we expected last time, after the price dropped to the 0.694 support level, bounced off it and fixed at the 0.701 line, it started a new growth stage. Let me remind you that all this movement takes place within an uptrend, which was formed in March 2020 and into which the price returned after it broke through the resistance line 0.723. Now, I expect that after fixing at the support line at 0.701, the price will continue to rise and first of all touch the resistance trend line at 0.737. Then it will turn around and return to the fall. So my final target is the 0.713 support line and resistance Level
Long
by fxpremiere
XAUUSD 15 04 2021#XAUUSD 15 04 2021 During the fall, the price came to a strong support zone 1673.22, where the trend line and the senior support line of June 2020 crossed. The price bounced off this zone, but after a few weeks it fell back to the line and consolidated at point 1683.93. After a rebound from this line, the price started a new growth and now continues it. I expect that gold will continue to rise and stop only at the resistance line of 1773.59, after which it will reverse in the fall and come to the support line at 1699.98.
OANDA:XAUUSDShort
by fxpremiere
1
#EURUSD 05 04 2021#EURUSD 05 04 2021 Let me remind you that since the spring of 2020, the price has been moving in a global upward channel. In early January of this year, it came to the upper border of the global channel and pushed off from it at point 1.234. From that point on, the price fell, forming a smaller descending channel. During the fall in this channel, it came to the support zone of 1.170. In this zone, the support trend line and the support line of October 2019 intersect. The price has consolidated in the zone and now I expect it to start growing, break through the nearest resistance line at 1.189 and continue to grow. Thus, my final target is the resistance line at 1.217.
Long
by fxpremiere
#GBPUSD 05 04 2021#GBPUSD 05 04 2021 During the rally in an uptrend that began in May last year, the price was able to break through several strong and important lines on the chart. First, this is the 1.341 support line from April 2020, then the 1.376 resistance line from January 2019. After the breakdown of this line, the price reached its local maximum - resistance zone 1.418. In this zone, the lines of 2018 and 2013 intersect and from it the price began to fall. After breaking through the resistance at 1.384, the price stopped to the support line at 1.367 and fixed two times on these lines. Now it is at the resistance line 1.385 and I expect a fall. The price will break through the nearest support and fall to the support trend line 1.357. This will be our goal.
Short
by fxpremiere
#USDCAD 05 04 2021#USDCAD 05 04 2021 The price of this currency pair has been following a downtrend since April last year. During the fall, it managed to break through the strong resistance level 1.303 and the 2016 resistance line 1.291. Then it continued to fall in trend. The price made at least 6 touches of the main trend lines - the resistance of April 2020 and the support of June 2020. And now it is at the resistance line of 1.255. We expect the price to fall towards the support line from this point. Thus, my final target is the support line at 1.230.
Short
by fxpremiere
#XAUUSD 26 03 2021#XAUUSD 26 03 2021 resistance of 1748.07. However, during this entire time, the gold moved along the line. Since Tuesday, I have extended the forecast for the fall. The price started moving on Wednesday. Yesterday it finally unhooked from the resistance line and dropped several points. I am confident that after gold broke through the resistance of 1773.86 in February, the price will remain in the general downtrend that has been going on since August last year. It will bounce off the 1740.41 resistance line and fall at the 1672.60 support line.
OANDA:XAUUSDShort
by fxpremiere
#AUDUSD 26 03 2021#AUDUSD 26 03 2021 The first line is the border of a small descending channel, which was formed in December 2020. The second one appeared in May 2020. And the last one is the oldest, the first touch of which happened in September 2019! Despite the fact that after the false breakdown of the 0.777 resistance line that took place last week, the price dropped dramatically, I am sure that it will stop in this zone. I expect that from the 0.757 support zone the price will start a new rise and eventually come to the 0.775 resistance line.
Long
by fxpremiere
#EURGBP 26 03 2021 the price did not stop until February of thi#EURGBP 26 03 2021 the price did not stop until February of this year. At this time, it broke through the resistance level 0.866 and the support line 0.869. However, then she returned to the line. The price movement along the line has formed a support zone since February this year. The last time the price rallied from this zone was a week ago, but then returned to it. Now the price is in the 0.856 support zone and I expect it to grow from this hone to the 0.863 resistance line.
Long
by fxpremiere
#AUDCAD 26 03 202#AUDCAD 26 03 2021 price was able to break through this level and moved above it for some time. But in the end, in March, it fell again, broke through the level, fixed on it and continued to fall. The fall in the price stopped only at the support zone of 0.953. This is a pretty strong zone that consists of the January and August 2020 support lines. You can already see how the price showed a slight increase from this zone. I expect the price to continue to rise and eventually come to the resistance level of 0.974. This will be our goal.
Long
by fxpremiere
#XAUUSD 24 03 2021#XAUUSD 24 03 2021 We continue to observe the formation of a fall in the price of gold. Let me remind you that yesterday we expected that the gold will reverse from the resistance line 1751.13 and begin to fall. And so it happened. The fall began for several reasons. Firstly, this resistance line is very strong - it has existed since August a year has passed and, despite the breakdown that occurred in December-February, it often reversed the price. Secondly, this time the price is well entrenched on the line - at least two touches can be observed. Now I expect that, having fixed on the line, the price will continue to fall and, as a result, will come to the support line. Thus, my final target is the support line 1653.98.
OANDA:XAUUSDShort
by fxpremiere
1
#GBPUSD 24 03 2021#GBPUSD 24 03 2021 This week we have seen a strong price collapse from the resistance line 1.393. This line appeared on the chart in December 2020. During its existence, there was one strong breakdown, but after its completion, the price fell again, returned behind the line and continued to fall to support. Now the price is not far from the strong support zone of 1.367. This zone formed at the intersection of two lines. One of which has existed since September 2020, and the second since April 2010! Therefore, I expect the price to rise from this zone and come to the resistance line. This will be our goal.
Long
by fxpremiere