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EUR/NZD down to 1.5534

General:
The pair is characterized by a great indecision on the daily chart. Maybe because the price has meet the down trend line where there is a potential reversal zone.
Expected rate of the pair for 1st of December : 1.5534
Support: 1.5829; 1.5534
Resistance: 1.6198
On the weekly chart:
On the weekly chart the price is moving in a down trend tunnel, as shown on the chart. There is some indecision around 1.6198 level.
On the daily chart:
On the daily chart i pointed out some resistence and su…
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Shuael avatar
Shuael 19 Lis

The price is now in a retracement, but it still possible that it can hit my target.

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USD/ZAR down to 10.5272

General:
The pair is in a strong up trend, but the price formed a double top in a potential reversal zone, around 11.3813. Which is also an important resistance level.
Expected rate of the pair for 1st of December : 10.5272
Support: 10.9535; 10.78300; 10.66220; 10.5272
Resistance: 11.3813
On the weekly chart:
On the weekly chart i pointed out the up trend tunnel, which was valid for the last retracement, but after the price reached the 11.3813 level it may be not valid any more, and i think the …
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Stix avatar
Stix 22 Paź

It would be good - am not sure about the fundamentals ? :) :)

Shuael avatar
Shuael 22 Paź

Thank you, i actually didn't use any fundamental analysis to identify the possible target.:) And, sincerely, i'm not very good at it, i just used technical analysis :)

Shuael avatar
Shuael 19 Lis

Update: The price had a big retracement near the 10.78300 support level

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USD/JPY down to 101.9800

General:
The pair has met an important resistance level on the weekly chart , around 110.140. The pair has also a nice volatility.
Expected rate of the pair for 1st of December : 101.9800
Support: 105.310; 103.640; 101.245;
Resistance: 110.140
On the weekly chart:
On the weekly chart the pair has met an important resistance level, after that we can expect a retracement of the price.
The previous up trend was started up by a head and shoulders pattern.

On the daily chart:
On the daily ch…
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EUR/GBP up to 0,8149

General:
The price has met an important support level , around 0,7760 . In this way it formed a double bottom on th weekly chart.
Expected rate of the pair for 1st of December : 0,8149
Support: 0,78900 ( which is also a psychological level)
Resistance: 0,80360 , 0,80820 , 0,8149
On the weekly chart:
On the weekly chart the price has formed a double bottom pattern. There is also a possible weekly triangle pattern, as shown on the chart.
On the daily chart:
On the daily chart there is a possi…
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Alexana5 avatar
Alexana5 21 Paź

Thank you!

Shuael avatar
Shuael 21 Paź

hope it will go as i predicted :)

Shuael avatar
Shuael 19 Lis

Update: The price is moving up as expected,, but it have  "problems" to pass the resistence level.

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