Yuri Papshev / Blog
At the moment, AUD / USD maintains positive momentum and is inclined to resume gains, trading in the zone above the strong short-term support level of 0.7741. AUD / USD also remains above important support levels 0.7710, 0.7718. A breakdown of the local resistance level 0...
EUR / GBP is declining today for the third trading day in a row. Yesterday the pair broke through the important support level 0.8655 and today continues to develop the downward dynamics, declining within the descending channels on the daily and weekly charts...
In case of a breakdown into the zone above the levels of 0.7140, 0.7150, further growth of NZD / USD, which maintains long-term positive dynamics above the important support levels 0.6970 (ЕМА200 on the monthly chart), 0.6960 (ЕМА200 on the daily chart), with targets at resistance levels 0...
The EUR / USD pair responded with active growth after the publication of positive macro statistics from the Eurozone and rose 2.6% to the closing price last Friday. At the time of publication of this article, it is trading near the level of 1...
GBP / USD has moved to growth again, maintaining long-term upward dynamics above the support level of 1.3835 and moving within the ascending channel on the weekly chart. Breakdown of resistance levels 1.3970, 1...
In case of further growth, EUR / USD will head towards resistance levels 1.2180, 1.2340 (this year's highs). A more distant target is located at the resistance level 1...
A breakdown of the local resistance level 0.7815 (April highs and the upper border of the descending channel on the daily chart) will be a signal for the resumption of long positions (see "Fundamental Analysis and Recommendations" ) with a distant target at 0...
If XAU / USD resumes the downward trend, then the first signal for selling the pair will be a breakdown of the short-term support level 1774.00 (see "Fundamental Analysis and Recommendations" ) Breakdown of important short-term support levels 1757.00, 1765.00 will confirm the downside scenario...
In an alternative scenario, after a return to the bull market zone above the resistance level 108.15 and after the breakdown of the resistance levels 108.34, 108.56, long positions will again become relevant...