Dukascopy Smart People Community

EURUSD FREE FALL TARGETTING 1.1180

cashshark Posted 15 Aug. as Analysis on EUR/USD, Target: 1.1180, Date: 1^st of October, 12:00 GMT in #Technical analysis #EUR/USD #Momentum Indicators #Downtrend #Monthly Chart #Fibonacci Level #Weekly Chart #Gann Fann #Down Momentum

Charts timeframe used: Monthly charts, weekly charts.
Technical indicators used: ADX MOMENTUM , GAN FAN , FIBONACCI RETRACEMENT .
As shown on the monthly chart we can see a downtrend is still strong and EUR/USD has been in free fall for more than a month now and predicted to go on falling to target 1.1180 in the next weeks for the 1 st of October.
in the monthly chart, we see EURUSD IS GETTING CLOSER TO 1.1180 supported with GAN FAN LEVELS and strong momentum selling signal as shown in the next …

Read full story

Translate to English Show original

GBPCAD FREE FALL TO TARGET 1.6360

cashshark Posted 15 Aug. as Analysis on GBP/CAD, Target: 1.6361, Date: 1^st of October, 12:00 GMT in #Technical analysis #GBP/CAD #Momentum Indicators #Momentum #Downtrend #Gbpcad #Monthly Analysis #Monthly Chart #Weekly Chart #Sell Off #Adx Indicator

CHARTS TIMEFRAMES USED: MONTHLY AND WEEKLY CHARTS
TECHNICAL INDICATORS USED: ADX, MOMENTUM INDICATOR, sTOCHASTIC INDICATOR, CANDLESTICKS.
AS SHOWN IN THE NEXT MONTHLY CHART, WE CAN SEE ALL THE INDICATORS ESPECIALLY THE MOMENTUM INDICATOR GENERATES A STRONG SELL OFF SIGNAL, AND THE DOWNTREND IS STILL AT IT'S STRONGEST STATE.
THAT CONFIRMED BY THE STOCHASTIC INDICATOR AND MOMENTUM INDICATOR AS IS SHOWN BELOW.
ON THE THE NEXT WEEKLY CHART WE SEE THE ADX INDICATOR AND MACD HISTOGRAM GIVE A STRONG SI…

Read full story

Translate to English Show original

Trade with Swiss Bank

Community

Mobile apps

Related resources

Dukascopy Community

LIVE CONTESTS

Automated trading

SWFX TRADER

Miss Dukascopy

Miss Dukascopy

Code of Conduct

Have a question?

Contact Us

Dukascopy Connect 911

cashshark's Blog

EURUSD FREE FALL TARGETTING 1.1180

GBPCAD FREE FALL TO TARGET 1.6360