October 25, 2020

GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD. “White Crow” among the “bears”

Good afternoon dear friends!

Today, for you, as usual, I have prepared a number of forecasts. let's consider the situation with you for such trading instruments as GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD.

Gold

Well, let's start our “marathon” with a little gold золот

Despite the fact that XAUUSD broke the levelresistance 1488, gold is still in the falling channel. Therefore, I believe that while it is best to wait until the price reaches the resistance zone 1503 - 1510, where is the upper line of the falling channel.

And when the price comes to this zone, I predict a fall to the level of 1488

GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD. "White crow" among the "bears"

USDCAD

As you can see on the chart, USDCAD is nowIt is located very close to a good resistance zone, which consists of a resistance line and a resistance level of 1.3238, in addition, the trend is still falling.

Therefore, I predict a fall, from the above resistance zone, to the support level of 1.318

GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD. "White crow" among the "bears"

GBPJPY

GBPJPY software now recommend waiting for a good entry.

The price is currently moving towards a strong resistance level of 137.59 and a strong resistance line.

From this peculiar sales area, I predict a fall to the level of 135.2

The time frames that you see on the screen are M30 and H3

GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD. "White crow" among the "bears"

EURNZD

</strong>As for EURNZD, the price again goes to the resistance zone, from where it has fallen down many times.

Therefore, I predict that if the price reaches this zone again, then there will be another fall to the support level 1.74, which is located next to the support line.

GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD. "White crow" among the "bears"

ETHUSD

And finally, consider our “white crow”, the only tool from the review, according to which I expect growth.

Now ETHUSD is already close to the support zone, which is formed by an inclined support line and a support level of 183.7.

I expect that when the price approaches the support line, it will go up to the resistance level of 194.

GOLD, USDCAD, GBPJPY, EURNZD, ETHUSD. "White crow" among the "bears"

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And for today, dear friends, that’s it!

Good trading and profit to all!