Thursday, April 15, 2021
Brent is growing again and may soon update the high; in the case of Dow Jones, the price continues growing towards the post-correctional extension area between 138.2% and 161.8% fibo but not as fast as before.
NZDUSD is moving towards the descending channel’s upside border; USDCAD is rebounding from Tenkan-Sen and Kijun-Sen, while Brent is growing within the frameworks of a Triangle pattern materialization.
EURUSD is rebounding from the resistance area; USDJPY is testing another support level, while EURGBP continues testing the resistance area.
USDCHF is recovering after plunging earlier, while XAUUSD is still expected to grow towards 1781.25.
After finishing the correction at 1732.33, Gold is growing to break 1755.55.
After updating its monthly highs, EURUSD may continue growing.
AUDUSD stopped growing on Thursday after rallying the day before.
Wednesday, April 14, 2021
After testing 38.2% fibo, GBPUSD may start moving sideways; in the case of EURJPY, the price is trying to break its previous high.
EURUSD is testing the resistance level; GBPNZD is rebounding from the rising channel’s downside border, while XAGUSD is growing within the frameworks of a bullish pattern materialization.
USDCAD is forming another correction; AUDUSD continues trading towards the resistance area, while USDCHF is falling to reach the support level.
AUDUSD is actively rising due to the USD’s retreat.
USDJPY is finishing the correction, while USDCAD is expected to drop to 4/8.
USDCHF is still falling with the predicted target at 0.9191.
EURUSD rose significantly and intends to keep its positive momentum.
Tuesday, April 13, 2021
The correctional uptrend in EURUSD may continue up to 1.2037, while USDJPY is expected to attack the high again after finishing the pullback towards 23.6% fibo.
NZDUSD is about to break the channel’s downside border; USDJPY is testing the cloud, while EURCAD is correcting within a reversal pattern.
GOLD is re-testing the resistance area; NZDUSD continues trading sideways, while GBPUSD is forming another correctional wave.
Both AUDUSD and NZDUSD are moving towards their respective “oversold areas”.
GBPUSD continues the correction.
AUDUSD is falling on Tuesday; investors are clearly ready to intensify this decline.
EURUSD has been trading indistinctly for the second trading session in a row in anticipation of new drivers.