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SLIGHTLY BEARISH REGIME

INDICATORS : RSI, Volatility, Volume, HMM

KEY PRICE LEVELS : 8.14189 - 8.59812 - 8.8899

Weekly CHART PATTERN : resistance line , W1 Chart.

Weekly VISION

EUR/HKD is moving in a trendless trianlge pattern dynamics. The chart analysis is slightly bearish but the Hidden Markov Models Analysis seems to support the trendless analysis. The RSI momentum indicator and the chart analysis distribution integrated with a Volume and Standard Deviation analysis seems to facilitate an slightly bearish/trend…
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foreignexchange avatar

Great analysis.  EUR recovery ?

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Durden 2 oct

The EUR/HKD is in a slightly bearish regime. The EUR positive bias can be improved  by the PPI release. The hidden state target is evaluated at +0.1 % at US closing market.

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Durden 8 oct

The pair shows a slightly bullish regime. But Hidden markov model and RSI support the -0.8% of the EUR pair again the HKD counterpart.
EUR  Fundamental suggest the sell side regime ( German Production ) .

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Slightly Bearish/Trendless Aussie

Indicators
: RSI, Volatility, Volume, HMM
Key price levels : 0.70892 - 0.72085 - 0.807892

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

Aussie is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator and the Standard Deviation analysis.

Daily Vision

The D1 scale indicates that Aussie is in a slightly bearish/ trendless pattern . The supportline at 0.70892 and can lead to a possi…
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Durden 22 juillet

The dollar bearish dynamics against a basket of other major currencies has indicated  a possible retracement of the trend , as investors continued to mantain in profits from the greenback's recent rise probably as expectations for a U.S. rate hike still supported the currency.

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Durden 28 juillet

The China - 8.487 % performance can create a psychologic bridge with the Australian economy. Even the commodity prices evaluated in a offer side forecast can be view as a message for the AUD sellers opportunities. The hidden markov models reflecting the AUD dynamics can indicates a sell positioning preference.

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Durden 31 juillet

The bearish trend of growth in China could easily push the economic outlook of Australia in the red zone of the rate cut by the RBA. This monetary policy could support the offer side of the AUD.

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Durden 2 aou

The  monetary easing from the RBA, can determine the overall valuation of the currency.
Considering the technicals indicators are looking significantly bearish for the AUD dollar. The moving averages are declining, whilst RSI still remains within neutral territory which could indicates there is still plenty of room on the downside.

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Durden 27 aou

The decision proposed by the Chinese authorities to devalue the renminbi give great volatility on the world market exchange. The interest rate decision in combination with the economic chinese releases make the EUR and the correlated pair ( CHF-SEK-NOK-PLN-GBP )  recovery a great profit opportunity. Instead of this USD buyers or JPY sellers sustainers slide on a difficult side of the markets.
Commodities Pairs like AUD-NZD-RUB-CAD shows deflective dynamics. In this scenario the Aussie  chart indicates a sell side mastership.

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Bearish/trendless AUD/CHF

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.69012 - 0.70329 - 0.77082 - 0.8007
Weekly Charts pattern : Triangle, Trendless, W1 Chart.
Weekly Vision

AUD/CHF is moving in a trendless/slightly bearish dynamics. The chart analysis indicates a slightly bearish trend can be supported by the chart analysis and the negative Hidden Markov indicator. Volume, RSI and Standard deviation analysis suggest trendless dynamics.
Daily Vision
The D1 scale indicates that AUD/CAD is very close to t…
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Durden avatar
Durden 29 juin


The greek government, which failed to reach an agreement with creditors, it is possible that it is trying to get the support of the population with a referendum , in the likely event that Greece  exit the eurozone. It is possible that CHF can have a bearish retracement dynamics.

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Durden 22 juillet


The euro slid lower on 21/07/2015 after Greece’s parliament passed the austerity measures demanded by the country’s creditors in order to support with a third bailout package.


The vote cleared the way for negotiations on a third bailout package to begin, but also raised doubts over the possibility of politics stability of the  government after many lawmakers in his left-wing  party voted against the deal.


The CHF could privilege a beaish dynamics.
So bullish for the pair.

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Durden 28 juillet

The China - 8.487 % performance can create a psychologic bridge with the AUD economy because of the commodity prices evaluated in a offer side forecast can be view as a message for the AUD sellers opportunities.

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Durden 31 juillet

The bearish trend of growth in China could easily push the economic outlook of Australia in the red zone of the rate cut by the RBA. This monetary policy could support the offer side of the AUD.

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Durden 2 aou

The monetary easing from the RBA, can determine the overall valuation of the currency.
Considering the technicals indicators are looking significantly bearish for the AUD/CHF dollar.
The moving averages are declining, whilst RSI still remains within neutral territory which could indicates there is still plenty of room on the downside.

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EUR/NOK Slightly Bearish


Indicators: RSI, Volatility, Volume, HMM

Key price levels : 9.17812 - 9.002 - 8.4982 - 8.09312

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

EUR/CAD is moving in a slightly bullish dynamics. The chart analysis is slightly bullish but the Hidden Markov Models Analysis seems to support the trendless analysis. The RSI momentum indicator and the cyclic analysis integrated with a Volume and Standard Deviation analysis seems to facilitate the trendless analysis.
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Durden avatar
Durden 18 mai

The pair is in a bearish trend. Greek debit can have a  support to the bearish dynamics.
Also ECB decision about the QE can support the bearish dynamics.

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Durden 14 juin

Grexit could be a possibility to show a bearish side conquest.
The EUR investors are quite doubtuful about the greek governament decision to repay the debt.
This possibility can facilitate a recession state in the hidden markov model. In consideration of no other  statistical relevant data the stochastic theory could be a not so good indication. Anyway if the greek economy plan it is approved in EU, the hidden markov model forecast a 97 pips of retracement in consideration of the closing market price.

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SGD/JPY a possible bounce ?

Indicators: Hidden Markov Processes, RSI, Volatility, Volume
Key price levels : 84.406-83.832-82.953
Weekly Vision SGD/GPY seems to continue its bullish trend with a convergence support and resistance lines. Since beginning of 10/08/2014 the currency pair has been dominated by a long position tendency with few corrections along the path. The consistent bullish trend started approximately at 07/2012. The standard deviation measurement at 0.069 could support a lightly bullish trend hypothesis.Th…
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bharatholsa avatar

Good analysis ) Agree with your bullish trend assertion )

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GBP/CHF Slightly Bullish

Indicators: RSI, Volatility

Key price levels : 175.329-174.842-171.197
Weekly Vision
GBP/CHF seems to continue its bullish trend within an aymmetric channel. The pair rebounces at 168.697 and 171.197 on the support line. The slightly bullish trend started approximately at 02/2014 after a changing in the slope of the M1 chart trend. The Standard Deviation at 0.5569 could support a lightly bullish trend hypothesis.
Figure 1 exhibits the Standard Deviation and the trendlines.
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