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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
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
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
EURAUD 16 03 2021EURAUD 16 03 2021 During this fall, the price tried to break through the support level 1.535. However, the first time she did not succeed, since there was a trend line of support nearby. However, now the support level is close to the resistance line of the channel. The price is between the support and the resistance line and I expect it to rise first and touch the resistance at 1.549. After that, it will fall, break through the level of 1.535, fix on it and continue to fall to support. So my final target is the 1.496 support line.
Short
by fxpremiere
USDJPY 09 03 2021USDJPY 09 03 2021 Throughout February, the price showed a strong uptrend. At the same time, in the last weeks of the month, it grew, practically without making a single correction. During this rise, the price managed to make an important breakdown of the strong support line at 106.62. This line was formed in 2015. After the breakout, the price fixed on the line and then broke through the support level 108.37. Now I expect the price to touch the resistance line and then reverse and return to the 109.55 level. Thus, my ultimate target is the 108.37 support level
Short
by fxpremiere
EURJPYAs I said last week ...EJ closed 1 week and 1 month below the trend line which makes me believe that W is over and now it should drop at least 200-250 pips until it makes the next major move! (see also analysis for 1 week) THIS WEEK...I will continue to look for SELL on EJ for at least 200-250 pips! However, a close even for 1 day over 130,200 forces me to think of BUY up to around 133,000 NOTE: this pair may be influenced in the short term by any news GREAT ATTENTION: Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice. Please, give a LIKE if you find this idea useful!
by BloomFX_SIGNALS
EURJPY 01 03 2021EURJPY 01 03 2021 From April 2020, the price eventually came to the resistance line 130.23, which appeared on the chart in October 2019. Having touched this line, the price reversed and is now in the process of falling. I expect it to go down to the 127.86 support zone first. This zone is formed by two lines - May 2020 and August 2019. Therefore, I expect that, having touched it, the price will rebound in growth. Thus, my final target is the resistance line 130.69. Lets see how it goes
Long
by fxpremiere
AUCAD UP THEN DOWN TREND After in early February the price was AUCAD UP THEN DOWN TREND After in early February the price was able to break through the strong resistance zone of 0.973, where the trend line and the strong level crossed, it showed a steady growth. The price continues to grow even now, practically without making any corrections. It is located near the thorn resistance line. This line was formed in February 2020. The price has broken this line several times, but since September it has been moving within it. Therefore, the first thing I expect is that the price will complete the rally and touch this resistance line at the 1.005 point. After that, it will fall to the 0.989 support line.
Short
by fxpremiere
USDCAD FORECAST LONGThe price is at position 1.260, which it came to after the return of the downtrend and fall from the resistance line. This support zone is incredibly strong. It is formed by the June 2018 line and the 2008 line! Therefore, new growth can now be expected. While the overall downtrend continues, I now expect the price to bounce off the strong support zone and rise to the resistance line - which also emerged in 2018. So my final goal is 1.281. Lets hope it follows suit
Long
by fxpremiere
AUDCAD SELL TARGETThe price has continued to move along a strong resistance line that originates in March 2020. But the strong rise in prices is also held back by the resistance zone, the first touch of which occurred at the end of December 2020. I expect the price to fall soon for two reasons. Firstly, it is a strong resistance zone of 0.985, and secondly, it is that since the beginning of this week the price movement is rather restrained - it cannot break through this zone. Not to mention the fact that the price has been growing since February 10, and at least should be corrected. I expect the price to fall to the 0.976 support line.
Short
by fxpremiere