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Eurusd buy
After a false breakout and rollback, the Eurodollar is consolidating above the 1.1905 level we need, which means that it is in the buy zone.
The trend is upward, the boundaries of the price channel are not broken.
Potential target - resistance 1.2177, to which I expect growth.
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14 / 15 last EURUSD ideas come TRUE
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Eurusd buy
The Eurodollar price rolled back after touching the strong support line, which is the lower border of the price channel .
The growing trend is still relevant for the situation with the global trend;
it will be possible to talk about a change in the local trend after consolidation and the subsequent impulsive upward movement.
I expect for the mid-term session the continuation of the upward movement to the first target - the resistance level of 1.2174 and further to the strong resistance line of 1.253
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14 / 15 last EURUSD ideas come TRUE
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Gold Price Outlook: XAU/USD Looking to Trend Support Just Below2021-06-25 12:30:00Gold hasn't found much sponsorship since plunging post Fed me...
Gold Technical Outlook
Gold weak, looking to 2019 slope for potential support
Silver sitting on the 200-day MA, next levels of support may be soon
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Gold Price Outlook: XAU/USD Looking to Trend Support Just Below
Gold has shown very little life since the post-Fed plunge that caught many market participants by surprise. The uninspired bounce thus far smacks of a small corrective move that will at least lead to another leg lower, even it that is only short-lived.
The reason it could be short-lived is because a slope from May 2019 lies not too far below right around 1750. This line may or may not allow gold to hold, so it will be important to see how price action plays out should it get tested. A strong reaction would be encouraging for the upside, while a lack of sponsorship, similar to what we are seeing now, could be indicative of a line of support that won’t hold.
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