Forex Signals 21 04 2021

Forex Signals 21 04 2021 Live Telegram FX Signal sent daily

#EURUSD 21 04 2021

Forex Signals 21 04 2021

Let me remind you that since the beginning of this week, we expected the price to stop rising, its reversal from the resistance line and the beginning of a fall.

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First, the price came to the resistance line at 1.205. Then she began to fall. During the growth, the price was also able to make a small false breakout of the 1.200 resistance zone formed at the intersection of the local level and the September 2020 line. However, it is already clear that the scene turned around and fell back to the zone. So now I expect the price to be able to break through this zone and return to the growing channel. I expect that after the breakdown of the 1.198 line, the price will continue to fall and come to the 1.175 support line. This will be our goal.

#GBPUSD 21 04 2021

At the end of February, the price reversed from the strong resistance zone 1.416 where the lines of June 2018 and March 2013 intersect. After that, the price began to fall and formed a downward channel . Falling in this channel, the price came to the support line 1.375. This line was formed in April 2020 and is quite strong despite breakouts. Its strength was enough for the price to start a strong growth after touching it. As a result, the price was able to break through the border of the 1.389 channel. However, it is already clear that she turned around and return to the channel. I expect that the breakout will be false, the price will break the 1.388 support line again, fall and come to the 1.377 support line. This will be our goal.

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#CADJPY 21 04 2021

And one more pair that perfectly fulfilled my previous prediction! Let me remind you that last week we talked about the fact that the price will reverse at the strong resistance zone 88.39, where the historically strong resistance level and the line of 2007 intersect. As we can see today, this is what happened. The price bounced off the resistance at 88.39 and came to the resistance line – and yesterday the support was at 86.47. And she was able to pierce it during the fall. This is a very strong line formed in January 2009. So its breakdown is an important signal for a fall. Therefore, I expect that after the first breakout the price will continue to fall and, as a result, will come to the support zone of 83.61. This will be our goal.

#EURJPY 21 04 2021

In February of this year, during the fall, the price came to the historically strong resistance level of 0.869. And she was able to pierce it. The last breakdown of this call took place in March 2020 during the price rise. After this important breakout, the price continued to fall and eventually came to a strong support zone at the point of intersection of the level, the support line of September 2020 and August 2017. The price bounced off the 0.848 support and was able to touch the 0.869 resistance level again, but failed to break it. It bounced back and dropped to support May 2020 – 0.859. And now I expect the price to bounce back and touch the level again. Thus, my final target is the resistance level of 0.869.

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