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Filtrado por etiquetas:  Wedge Pattern
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NZDUSD could fall from the falling wedge

NZDUSD is inside a wide wedge pattern. The pair is around the bottom trendline of the wedge and could breach the line.
Important support and resistant levels are
0.7555
0.7050
0.6690
0.6350
0.6080
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AUDNZD inside a reverse wedge

AUDNZD is moving inside a reverse wedge pattern. The pair is moving upward bouncing from the rising lower trendline.
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mrlfx 25 Jul


AUDNZD is moving as predicted. The pair is likely to move up.

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NZDJPY tracing a falling wedge

NZDJPY is tracing a falling wedge pattern. The said pattern is bullish and the pair is likely to go up.
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mrlfx 25 Jul


NZDJPY has deviated a bit from predicted price movement as the dip was more than expected changing the declining triangle formation. But the pair is still tracing a declining triangle and is now likely to move up towards the upper falling trendline.

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mrlfx 31 Jul


NZDJPY is rising and likely to move firther up.

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NZDUSD tracing a falling wedge

NZDUSD is tracing a wedge pattern. The pair fall recently but is now in correction but will fall again towards the lower trendline.
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mrlfx 25 Jul


NZDUSD has moved in predicted line but the dip has been a bit sooner . THe pair is likely to move up towards the upper falling trendline.

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mrlfx 31 Jul


NZDUSD is staying around the declining trendline. The pair will breakout and move out.

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USD/CHF, Break price channel and short ?

Dear you guys,
Price is consolidated in the wedge. We refer to short after breaking and retest at the level of 1.001.
In case price breaks above the 1.005, we can consider to long.
Trade with care.
Good luck !
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NZDCAD is inside a reverse falling wedge

NZDCAD is inside a reverse falling wedge. The pair will test level of 0.8630.
Main support and resistant levels are:
0.9930
0.9750
0.9525
0.9120
0.8630
0.8300
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mrlfx 29 Jun

NZDCAD is moving exactly as forecasted. The pair is tracing a reverse falling wedge.

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AUDCAD is likely to move side ways

AUDCAD us likely to move sideways. The pair has breach the lower rising trendline of the reverse wedge formation. The pair will fall towards the support level of 0.9780.
Main support and resistant levels are:
1.0240
1.0075
1.0020
0.9900
0.9780
0.9720
0.9605
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mrlfx 25 Maio

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mrlfx 25 Maio

The price pattern was much larger then was analysed earlier. The pair is expected to rise up towards the falling trendline.

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NZDJPY is inside a reverse falling wedge

NZDJPY is moving inside a falling reverse wedge pattern.The pair is likely to be supported by the support level of 76.8 and rebound towards the falling trendline above.
Main support and resistant levels are:
83.80
79.50
76.80
72.50
69.05
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GBP/NZD is like;y to fall

Gbp/nzd is likely to fall. The recently breach the lower line of the fallimg wedge but correct again to test the upper line of the wedge.
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GBP/NZD is falling inside a rising wedge

GBP/NZD is falling inside a rising wedge. Its likely the pair will fall towards the lower line of the wedge formation.
Major Support and Resistant Levels are
1.9705
1.9022
1.8327
1.7895
1.7325
1.6927
1.6699
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mrlfx 20 Fev

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mrlfx 20 Fev

GBP/NZD is falling down and still bearish  as predicted but the pace of fall is slow because of the correction.

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