It fell then came up for a retracement and I believe it will now fall down to the TP area
It has been consolidating on this major support level and I believe it will rise in the next coming weeks
We can see that EUR/USD bounced off the support and the plummeted, it has come back up for a retrace and is ready to drop again, we have put our stops just above the previous high but depending on what happens we might move it, I will keep you updated 👍🏼
USD/CAD has been trading in this channel for a long time and it has just now come back down to this support, I expect it to rise to the resistance level throughout this week.
Yesterday I said it would continue to the downside after having rejected the resistance level, It then proceeded to drop 100+ pips and is still currently in profit, I believe it will continue this way until it reaches the next support of 1730✅
Two days ago I said that GBP/USD would continue to the upside from the previous support that it had bounced off of unfortunately the pair decided to drop to the support again to retest but I believe next week it will bounce off the support level and continue to the upside as planned❌
Yesterday I said that it would bounce off this resistance level and would continue down to the support and start trending upwards again, so far playing out exactly to plan✅
Earlier this week I said that EUR/USD would bounce off this resistance and continue down to the support, the next day it proceeded to plummet over 100 pips✅
EUR/JPY has been trading within this channel and is now at a key resistance so I believe it will fall to the support and continue to grow in an uptrend
EUR/CAD has been trading in this channel for a long time and I believe it will come down and bounce off the support then proceed to rise to the the resistance
NZD/USD has been trading in this uptrend for a while now and I believe it will rise towards the resistance and then fall back onto the support and continue in the uptrend, if It breaks below the support we could look for sell opportunities since it is a very strong support
EUR/USD broke out of its recent uptrend and into a new channel, it broke down and retested and rejected the previous support, it is now in a new channel an I believe it will go down to the resistance and carry on in an uptrend.
XAU/USD or GOLD, has been trading in a downtrend since last year august and I expect it will continue to plummet to the downside since it is now at a resistance.
GBP/USD has been in this uptrend channel for a long time now and I predict it will continue to grow up to the resistance point
It broke through the little resistance and tried to push up but it is now at another resistance.
We can see that gold has been in the top of this resistance zone and is starting to make its way down, I suspect it will go down to this support zone and potentially breakthrough.
Following the GBPAUD fall that I called out last week, it has broken this important support and is now retesting it, I believe that this week it will continue to fall to the downside.
So gold has been plummeting for the past few days and I believe it is about to reverse, it rejected the key level and I am going to hold this one over the weekend. Nice RR and small SL👍🏼