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USD/ZAR SKYROCKETS TARGETING 17.51

Chart timeframes used: Monthly and weekly
Indicators used in the technical analysis: ADX INDICATOR, MOMENTUM INDICATOR, stochastic INDICATOR.
As shown on the monthly chart of the USDZAR there is buying follow through due to week ZAR currency, that is generated by signals coming from Momentum indicator and stochastic indicator confirming the strong buy signal in the long run to target 17.51 resistance.
In the next weekly chart, we can see that buy signal is confirmed even further by Momentum Indi…
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vap61 avatar
vap61 28 Aug.

экзотикой не торгую, да и спред великоват))), автору лайк за смелость прогноза!))

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USDCAD MAY SEE 1.3400

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Indicator, rectangle.
USDCAD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is neutral.
  • The Stochastics is rising.
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killer195175_reborn avatar

UPDATE-1
The uptrend on the daily chart is quite strong. The pullback is over it seems. The pair has just broken the neckline of the short-term double bottom pattern. Now the test of 1.3350 looks imminent. All things are pointing towards 1.3400. Let us see what happens next.

killer195175_reborn avatar

UPDATE-2
The pair is on the move. it appears to be following a channel. The channel extends up to 1.3380. The pair will be supported by the rising channel support and the RSI and MACD are bullish. So I am expecting a move towards 1.3400.

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USDCHF IS SUPPOSED TO RISE TILL JUNE

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, rectangle.
USDCHF Weekly Chart
  • The MACD on the weekly chart is in the negative zone and rising.
  • The RSI is rising.
  • The Stochastics is also rising.
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EURUSD MAY BOUNCE FROM SUPORT LINE

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator. rectangle.
EURUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is falling.
  • The Stochastics is headed South.
  • The pair has closed the week above 50 periods SMA.
Keeping these facts in mind the pair may see an up move in coming weeks. The pair is assumed to be traveling in a channel and will continue to move in it. …
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GOLD MAY BREAK HIGHER

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator.
XAUUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is turning up.
  • The Stochastics is headed South.
  • The pair has closed the week above 50 periods SMA.
Keeping these facts in mind the pair may see an up move in coming weeks but it will be restricted by Horizontal resistance at 1346 level. The pair is assumed to be…
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NZDUSD WILL RISE

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse. Fibonacci tool
NZDUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone and rising.
  • The RSI is falling
  • The Stochastics is also falling.
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killer195175_reborn avatar

update_1:
The pair has been respecting the rising trendline beautifully. Although the pair is in a good uptrend but looking at the charts just 15 days prior to 02 Apr the target of .7690 seems very far. Let us see where the price close on 2 Apr 18 at 1200 GMT.

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AUS.IDX/AUD WILL MOVE HIGHER

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator.
AUS.IDX/AUD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is overbought and falling.
  • The Stochastics is falling.
  • The pair has closed the week above 50 periods SMA.
Keeping these facts in mind the pair may see a correction in coming weeks.
AUS.IDX/AUD Daily Chart
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BRENT.CMD/USD WILL SOAR IN FEBRUARY

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
BRENT.CMD/USD Weekly Chart
  • The MACD on the weekly chart is in the positive zone and rising.
  • The RSI is overbought falling.
  • The Stochastics is falling.
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GOLD MAY MOVE HIGHER AFTER CORRECTION

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
XAUUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone and rising.
  • The RSI is falling.
  • The Stochastics is turning down.
  • The pair has closed the week above 50 periods SMA.
Keeping these facts in mind the pair may see an up move in coming weeks.
XAUUSD Daily Chart
[list][/list]…
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killer195175_reborn avatar

Update-1
The pair has closed above the rising channel. It indicates a very strong bullish trend. All the indicators are pointing North and the fundamentals also support a rise in Gold prices. Next immediate resistance is at 1349 level followed by 1374 and 1388 respectively.

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JPN.IDX/JPY MAY CONSOLIDATE TILL MARCH

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
JPN.IDX/JPY Weekly Chart
  • The MACD on the weekly chart is in the positive zone and rising.
  • The RSI is falling.
  • The Stochastics is rising.
  • The pair has closed the week above 50 periods SMA.
Keeping these facts in mind the pair may see an up move in coming weeks.
JPN.IDX/JPY Daily Chart
[list][/list]…
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killer195175_reborn avatar

Update-1
The pair closed yesterday at 24140. Today the pair is swallowing the gains of the previous day. From here we can expect a correction as the 24000 level seems a good resistance.

killer195175_reborn avatar

Update-2
The pair made a high of 24140 last week. The support is at 23551 and resistance is at 24140 now. The price may be traveling between this range for some time as the MACD has entered into correction mode. Stochastic and RSI is also falling. There will not be much action on the upside until the MACD and stochastic come to buy mode.

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