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The Channel in USD/ZAR


Indicators: Fibonacci Retracements, RSI, Volatility, Volume, HMM
Key price levels : 13.982, 13.01, 12.4982, 11.81
Weekly Charts pattern : Parallel bullish channel, W1 Chart.
Weekly Vision
The USD/ZAR currency pair can be traded considering a parallel bullish channel formed around 05/2012. The channel is characterized by a consistent number of rebounces on the support and resistance line.The stochastic hidden markov regimes and the Parabolic Sar support the possible forecast pattern inside th…
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Durden 4 Apr.

HMM and the  129k NFP  could suggest  a bearish  retracement.

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Durden 12 Apr.

The USD  domination against the basket of major currencies  is supported by  the possible  decision  of a rise in US interest rates.
The greenback remains supported by comments on Wednesday, the President of the Federal Reserve of New York William Dudley, that the possibility of  an improvement of the rate can  be related  with  the labor market and  economic releases. 

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Durden 26 Apr.

The USD shows a bearish retracement leading the pair value at 12.09 zone. The US GDP can give a bullish imput to the dynamics. The chart analysis shows a possible bullish retracement started the 06/04/2015 with parallel bullish channel pattern. This geometric constrains can lead to a valid accuracy for the pair.

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HKDJPY BEARISH


Indicators: Hidden Markov Processes, Fibonacci Retracements, RSI, Volatility, Volume

Key price levels : 15.98, 15.1, 15.01

Candlestick W1 pattern : Double Top

W1 Vision The pair could have some corrections around the significant price level at 15.01 but the dominant trend should maintain the bearish inclination.

D1 Vision The D1 chart exhibits a distinct bearish trend supported the hidden markov Indicator.
The trend can be observed between the resistance line created after a double top …
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
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Durden 26 Apr.

With a price at 15.3 and a bearish trend the pair modeled with a great  accuracy the forecast  pattern. The JPY monetary policy have shown a positive correlation with the Japan economy. The Hidden Markov processes with output objective around the 15.02 value support the technical analysis.The chart explained how valid is the forecast pattern. So it is possible an improvement of the forecast accuracy.

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