Traders Forex Reviews Fractal Analysis
13.08.202109: 58 Analytical Reviews Forex: Fractal analysis of major currency pairs as of August 13 ,
Relevance to 09: 00 2021-08-14 UTC 2, Forecast for August 13: Analysis of currency pairs at scale N1: For Euro/Dollar, the key levels at scale N1 are 1.1773, 1.1761, 1.1741, 1.1729, 1.1705, 1.1694 and 1.1671. Here, we follow the development of the July 30 downside cycle. Short-term downward movement, expect in the range 1.1705 – 1.1694, hence expect key turn to the top. Potential value for bottom, consider level 1.1671, which is the limit value for the July 30 downstream cycle. , Consolidated traffic, possibly in the corridor 1.1729 – 1.1741, breaking the last value will lead to an in-depth correction, here the goal is 1.1761, the range of 1.1761 – 1.1773 is the key support for the downstream cycle, up to the level 1.1773 we expect the design of the potential for the top. The main trend is the downward structure of July 30, the approach to limit values Key levels of structure development: Upward resistance: 1.1743 Goal: 1.1760,, Upward resistance: 1.1762 Goal: 1.1773,, Downward resistance: 1.1705 Goal: 1.1696,, Downward resistance: 1.1692 Goal: 1.1680,, By Pound/Dollar, the key levels at scale N1 are: 1.3897. 1.3885. 1.3847. 1.3824. 1.3781. 1.3749. 1.3728 and 1.3683. Here, the subsequent development of the downward cycle of July 29, we expect after breaking the level of 1.3780, which will lead to a pronounced downward movement, here the goal is 1.3749, in the corridor 1.3749 – 1.3728 price consolidation. We consider the potential value for the bottom to be level 1.3683, upon reaching which we expect a rollback to the top. Short-term upward traffic, we expect in the corridor 1.3824 – 1.3847, breaking the last value will lead to in-depth correction, here the target is 1.3885, the noise range 1.3885 – 1.3897 is a key support for the bottom. , The main trend is the downward structure from July 29 , Key levels of structure development: Upward resistance: 1.3824 Goal: 1.3846,, Upward resistance: 1.3848 Goal: 1.3881 Downward resistance: 1.3779 Target: 1.3751 Downward resistance: 1.3748 Target: 1.3729 For Dollar/Franc, the key levels in scale N4 are: 0.9271, 0.9244, 0.9232, 0.9213, 0.9200 and 0.9174. Here, we follow the development of the ascending cycle of August 4th. Short-term upward movement, we expect in the corridor 0.9232 – 0.9244, from here we expect a key turn to the bottom, a potential value for the top, we consider the level 0.9271, which is the limit value. Short-term downhill traffic, possibly in the corridor 0.9213 – 0.9200, breaking the last value will lead to a deep correction, here the target is 0.9174, this level is the key support for the top. , The main trend is the upward cycle from August 4 , Key levels of structure development: Upward resistance: 0.9246 Goal: 0.9270,, Upward resistance: Goal: Downward resistance: 0.9213 Goal: 0.9201,, Downward resistance: 0.9198 Goal: 0.9176,, By Dollar/Yen pair, the key levels at scale are: 111.70. 111.24. 111.04. 110.73. 110.48, 110.29, 110.08 and 109.92. Here, we follow the development of the ascending cycle of August 4th. Continuing to the top, we expect after breaking the level of 110.75, in this case the goal is 111.04, in the corridor 111.04 – 111.24 short-term upward movement, as well as consolidation. The potential value for the top, we consider the level of 111.70, upon reaching which, we expect a rollback to the bottom. Short-term downward movement, possibly in corridor 110.48 – 110.29, breaking the last value will lead to a deep correction, here the target is 110.08, the range is 110.08 – 109.92 is key support for the top, up to 109.92 expect to formalize the potential for the bottom cycle. , Main trend: upward structure from August 4 , Key levels of structure development: Ascending resistance: 110.75 Target: 111.04 Ascending resistance: 111.06 Goal: 111.24,, Downward Resistance: 110.48 Goal: 110.31,, Downward Resistance: 110.27 Goal: 110.08,, By Canadian Dollar/Dollar, the key levels at scale N1 are: 1.2741. 1.2691. 1.2631. 1.2594. 1.2495. 1.2459. 1.2420. 1.2364. 1.2327 and 1.2240. Here we follow the formation of the ascending structure of July 30. We expect the upward trend to develop after the breakdown of 1.2594, in this case the first goal is 1.2631, near this level consolidation. The breakdown of level 1.2631 must be accompanied by a pronounced upward movement, here the target is 1.2691. The potential value for the top, we consider the level 1.2741, upon reaching which, we expect a rollback to the bottom. Short-term downward movement, possibly in the range 1.2495 – 1.2459, the breakdown of the last value will be located by the next development of the downward structure of July 19, here the first goal is 1.2420. , The main trend is the upward structure of July 30 , Key levels of structure development: Upward resistance: 1.2594 Motion target: 1.2630 Upward resistance: 1.2632 Target of movement: 1.2690 Downward resistance: 1.2495 Target of movement: 1.2462 Downward Resistance: 1.2457 Goal of Movement: 1.2365 For Australian Dollar/Dollar, key levels at scale N1 are: 0.7428, 0.7407, 0.7382, 0.7367, 0.7329, 0.7291, 0.7254, 0.7237 and 0.7192. Here, we follow the formation of the downward structure of August 4th. Continuing to the bottom, we expect after breaking 0.7329, in this case the goal is 0.7291, near this level consolidation. Breaking 0.7290 will lead to the development of a pronounced downward movement, here the goal is 0.7254, in the corridor 0.7254 – 0.7237 short-term downward movement. We consider the potential value for the bottom to be 0.7192, upon reaching which we expect a rollback to the top. Short-term upward traffic, we expect in corridor 0.7367 – 0.7382, breakdown of the latter values will lead to in-depth correction, here the target is 0.7407, this level is the key support for the bottom. The main trend is the formation of a downward structure from August 4 Key levels of structure development: Upward resistance: 0.7367 Movement goal: 0.7380 Upward resistance: 0.7384 Movement goal: 0.7407 Downward resistance: 0.7327 Movement goal: 0.7293 Downward resistance: 0.7289 Movement goal: 0.7256 Euro pair N1 are: 130.51, 130.28, 129.93, 129.67, 129.39, 129.15, 128.82, 128.52 and 128.21. Here, we are following the development of the downward structure of July 29, at the moment the price is in correction. We expect the resumption of the movement to the bottom, after the breakdown of 129.39, here the first goal is 129.15, the breakdown of which, in turn, will continue to develop the main downward trend of July 29, in this case the goal is 128.82, the breakdown of which will allow us to count on the movement to the level of 128.52, near this level consolidation. Potential value for bottom, consider level 128.21, when reached this level is expected to roll back to the top. Short-term ascending traffic, possibly in corridor 129.67 – 129.93, the breakdown of the last value will have to form an ascending structure, here the first potential goal is 130.28. In the corridor 130.28 – 120.51 we expect short-term upward movement, as well as consolidation. The main trend is the downward structure of July 29, the correction stage Key levels of structure development: Upward resistance: 129.68 Goal of movement: 129.91 Upward resistance: 129.95 Goal of Motion: 130.28,, Downward Resistance: 129.37 Goal of Motion: 129.16,, Downward Resistance: 129.13 Goal of Motion: 128.84,, By Pound/Yen, the key levels at scale N1 are: 154.34. 154.09. 153.66. 153.21. 152.75. 152.16. 151.85. 151.53 and 151.14. Here, we follow the development of the local ascending structure of August 3. We expect the resumption of the movement to the top, after the breakdown of 152.75, in this case the goal is 153.21, near this level consolidation. Breakdown 153.21 will lead to a pronounced upward movement, here the target is 153.66, near which, also expect consolidation. We consider the potential value for the top to be level 154.34, which we expect to move to after breaking 153.70. A short-term downward movement, possibly in the range of 152.16 – 151.85, the breakdown of the last value will have to the development of the downward structure, here the first potential goal is 151.53. The main trend is the upward structure of August 3, the correction stage Key levels of structure development: Upward resistance: 152.75 Goal of movement: 153.20 Upward resistance: 153.24 Goal of movement: 153.64 Downward resistance: 152.15 Goal of movement: 151.88 Downward resistance: 151.82 Goal of movement: 151.57 If you have questions about this analytics, you can ask them in the forum Forexdengi.com in the section of analyst from Alexei Almazov * The presented market analysis is informative and is not a guide to the transaction. Respectfully, Analyst: Alexey Almazov GK InnaFintech © 2007-2021