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AUD/JPY likely to consolidate
AUD/JPY is likely consolidating after completing tracing the 5 emotive elliot waves. The pair is now tracing the wave a of the 3 eaves a-b-c.
Main Support and Resistant Levels are
89.55
88.00
85.75
81.60
76.05
72.60
Daily Chart
Weekly Chart
Main Support and Resistant Levels are
89.55
88.00
85.75
81.60
76.05
72.60
Daily Chart
Weekly Chart
CHF/JPY is likely to rise
CHF/JPY is will probably rise and moves towards resistant level of 121.80 to complete the wave 5 of the 5 emotive elliot waves. The pair is also moving inside a rising wedge.
Major Support and Resistant Levels:
121.80
118.65
115.40
112.40
108.00
102.85
Daily Chart
Weekly Chart
Major Support and Resistant Levels:
121.80
118.65
115.40
112.40
108.00
102.85
Daily Chart
Weekly Chart
EUR/USD is likely to reverse
EUR/USD is likely to reverse its bullish bias and fall towards 1.1300 support level. The pair also has completed 5 emotive elliot waves and is probably tracing the wave a.
EUR/NOK is likely to fall
EUR/NOK is likely to fall. The pair is currently tracing a rising wedge which is a bearish pattern. The pair probably also has already completed the 5 emotive elliot waves is reversing to trave wave a.
Major Support and Resistant Levels are:
9.7385
9.5490
9.3225
9.2465
9.0840
8.7940
Daily Chart
Weekly Chart
Major Support and Resistant Levels are:
9.7385
9.5490
9.3225
9.2465
9.0840
8.7940
Daily Chart
Weekly Chart
USD/CHF is bullish
USD/CHF is above the 88 EMA is bullish bias. It is probably tracing to complete the wave 5 of the 5 emotive elliot waves.
Indicators/Patterns used in the technical analysis are Moving Average, Ellit Waves, Wedge Pattern and Support and Resistance.
Indicators/Patterns used in the technical analysis are Moving Average, Ellit Waves, Wedge Pattern and Support and Resistance.
GBP/NZD. Febrero
Análisis Técnico Gbp/Nzd, para el 1 de Febrero de 2017. Objetivo 1.89511
El par Gbp/Nzd venía de una tendencia bajista en los últimos meses, desde la caída de la libra y los mínimos alcanzados el 6 de octubre y el 8 de Noviembre.
Desde estos mínimos, inició una recuperación en un movimiento contenido en una cuña ascendente, dentro de la normalidad.
La semana pasada, se produjo la rotura bajista de la formación de cuña que debería llevar al precio a la zona marcada como “Caída Esperada” en los…
El par Gbp/Nzd venía de una tendencia bajista en los últimos meses, desde la caída de la libra y los mínimos alcanzados el 6 de octubre y el 8 de Noviembre.
Desde estos mínimos, inició una recuperación en un movimiento contenido en una cuña ascendente, dentro de la normalidad.
La semana pasada, se produjo la rotura bajista de la formación de cuña que debería llevar al precio a la zona marcada como “Caída Esperada” en los…
Kiwi uptrend to remain intact
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Kiwi bottomed in August 2015 and has since been contained in a rising wedge. It has held above 50 week SMA and recently also above 100 week SMA whil…
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Kiwi bottomed in August 2015 and has since been contained in a rising wedge. It has held above 50 week SMA and recently also above 100 week SMA whil…
Kiwi to continue trending up
Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Kiwi bottomed in August 2015 and has since been contained in a rising wedge. It has held above 50 week SMA and recently also above 100 week SMA whil…
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Kiwi bottomed in August 2015 and has since been contained in a rising wedge. It has held above 50 week SMA and recently also above 100 week SMA whil…
AUDCAD
The AUDCAD pair looks like making a rising wedge with the apex of the wedge at 13 DEC 2016 valued at 1.02250. According to the wedge drawn by me the price if it obeys the wedge till 1st Nov then upper line is at 1.01920 and lower line is at 1.00320. So I assume that the price will be between these two levels on 1 Nov 16 at 1200 GMT.
DAILY CHART
4H CHART
The real uptrend or downtrend will be decided only after the pair breaks below or above the support line and resistance line respectively.
Ha…
DAILY CHART
4H CHART
The real uptrend or downtrend will be decided only after the pair breaks below or above the support line and resistance line respectively.
Ha…