EURUSD is above the descending channel between the trend lines. The price is moving from the dynamic support and has already consolidated above the upper boundary of the channel. The chart has broken the descending structure and has already approached the past top. We expect the pair to continue rising after consolidating above the 1.04327...
GOLD is under an ascending channel above the trend lines. Price is moving towards the $2943 resistance level. The chart volatility has decreased. Indicators are pointing to a bearish divergence formed on the 1H Timeframe. We still expect a correction. The asset is overheated and its correction is only a matter of time. ------------------- Share your opinion...
GBPUSD is in an ascending channel above the trend lines. The price is moving from the lower boundary of the channel, broke the upper trend line and is holding above the 62% retracement level. The move above the $1.25 level was a strong argument to continue the upside and break the local downtrend structure. We expect that after holding above the 62% retracement...
DXY is in a descending channel between trend lines. The price is retesting the support level, which previously acted as a rebound point. The chart keeps the descending structure. We expect a correction in the channel after fixing above the important psychological level of 107. ------------------- Share your opinion in the comments and support the idea with...
GBPUSD is under an ascending channel between the trend lines. The price has reached the lower boundary of the channel and 62% retracement level. Indicators on small timeframes indicate oversold. We expect the growth to continue after the retest of the channel boundary is completed with a potential reaching of dynamic support. ------------------- Share your...
GOLD is in an ascending channel between the trend lines. The price is moving from the upper boundary of the channel and is now holding under the resistance level. We expect the correction to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
DXY is in a descending channel between trend lines. The price is moving from the lower boundary of the channel and has already reached the dynamic support, which has previously acted as a rebound point twice. The chart dropped below the 62% retracement level and afterwards formed a harmonic pattern and even though the descending structure has been maintained,...
The DXY is in an ascending channel between the trend lines. The price is moving from the lower boundary of the channel and dynamic support, which has already acted as a rebound point twice. The chart has formed a harmonic pattern. The index will continue to grow after consolidation above the 62% retracement level. ------------------- Share your opinion in the...
EURUSD is in a descending channel between trend lines. Price has reached the upper boundary of the channel and dynamic resistance and is now holding under the 62% retracement level. The chart has broken the descending structure, but the ascending one has not been formed yet. The indicators on the 1H Timeframe indicate local overbought and a bearish divergence...
USDJPY is in an ascending channel between the trend lines. The price is moving from the lower boundary of the channel. On the 1H Timeframe indicators have formed a bullish convergence. The chart has formed a harmonic pattern. We expect USDJPY to move towards the nearest resistance coinciding with the 38.2% retracement level. ------------------- Share your...
EURUSD is in a descending channel between trend lines. The price is moving from the lower boundary of the channel and dynamic support, which previously acted as a rebound point. The chart is holding above the 62% retracement level. We expect a bounce in the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
GOLD is in an ascending channel between the trend lines. The chart has reached the important psychological level of $2900. Indicators point to overbought. We expect XAUUSD to start a correction soon, but there is a margin left before reaching the upper boundary of the channel. ------------------- Share your opinion in the comments and support the idea with a...
EURGBP is in a descending channel between the trend lines. The price has already reached the upper boundary of the channel and the resistance level, which previously acted as a pullback point. The chart retains a harmonic pattern. We expect the decline in the channel to continue. ------------------- Share your opinion in the comments and support the idea with...
GOLD is in a local descending channel between trend lines. The price is moving from resistance at $2870 and the upper boundary of the channel. The chart is holding in the channel and trying to form a descending top. On large Timeframes the indicators indicate overbought. We still expect a correction. ------------------- Share your opinion in the comments and...
GOLD is in an ascending channel. Indicators point to overbought. The chart has formed a harmonic pattern. We expect a correction. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
The DXY is in an ascending channel between the trend lines. The price is moving from the dynamic resistance, which previously acted as a pullback point. The chart has formed a harmonic pattern. We expect the continuation of the decline in the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURUSD is above the descending channel between the trend lines. The price is moving from the dynamic support. The chart has exited the descending channel and is now holding above the 62% retracement level. We expect the growth to continue if the price can consolidate above the current retracement level. ------------------- Share your opinion in the comments...
EURUSD is in a descending channel between trend lines. The price is moving from the support level and the lower trend line, and is now holding in the channel and above the 38.2% retracement level. The chart formed a harmonic pattern while reaching support. We expect the bounce to continue. ------------------- Share your opinion in the comments and support the...