lunes, 1 de marzo de 2021
As we can see in the daily chart, after completing the ascending wave at 58000.00 along with the correctional structure towards 43000.00.
XAUUSD has plunged to 38.2% fibo but may yet continue falling towards 50.0% fibo; in the case of USDCHF, the mid-term uptrend continues.
Early in spring, EURUSD is looking rather weak amid active demand for risks on the market.
EURUSD is rebounding from the cloud’s downside border; EURJPY is growing within the rising channel, while USDCAD is correcting before resuming its growth.
EURUSD is testing the channel’s downside border; USDJPY is rebounding from the resistance level, while EURGBP continues trading downwards.
EURUSD may fall to reach 1.2023; in the case of GBPUSD, the correction continues.
After finishing the correction at 1.2066, EURUSD is consolidating above this level.
viernes, 26 de febrero de 2021
After updating its six-week high, EURUSD is correcting.
Both Bitcoin and Ethereum formed very quick corrections to the downside, just as expected, and may yet continue falling much deeper.
USDCAD is rebounding from the descending channel’s upside border; CADJPY is testing Tenkan-Sen and Kijun-Sen, while USDCHF is about to resume growing.
USDCAD is still rebounding from the support level; AUDUSD is testing the channel’s downside border, while USDCHF continues trading upwards.
Brent may correct towards 4/8, while the S&P 500 index is expected to fall and reach 0/8 after changing the tendency.
After finishing the correction at 3936.1, the S&P index is falling to break 3810.0.
jueves, 25 de febrero de 2021
After updating the high once again, GBPUSD is consolidating at the top.
AUDUSD continues growing to reach 0.8292, while USDCAD is heading towards the fractal low after breaking 76.0% fibo.
XAUUSD is falling within the descending channel; EURJPY is boosting the current trend, while USDPLN is correcting before a strong decline.
GOLD continues rebounding from the support area; NZDUSD is correcting within the uptrend, while GBPUSD continues trading upwards.
USDCHF is trading within the “overbought area”, while XAUUSD is still expected to fall towards 0/8.
Gold is still falling towards 1779.27 and may later start a new growth to reach 1796.85.
EURUSD found a reason to grow and intends to keep its positive momentum on Thursday.