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AUD/USD forecast

On the daily chart, AUD/USD has crossed 0.9200 and still trade above SMA. this indicate this pair in bullish bias. This pair will going up and limit by resistance at 0.9450.
On bigger frame, if AUD/USD can break 0.9450, this pair will try to reach weekly resistance at 0.9650.
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wiyonofx 21 May

AUD/USD go lower and bounce from support at 0.9214.  the price still above SMA 200

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EUR/USD forecast

Weekly chart show EUR/USD trapped in sideways area between 1.3460 - 1.3950. Major trend is bullish.
On the daily chart, we can see clearly, there's daily support area formed by Simple moving average 200. The price still above this SMA indicate up trend still emerging. This currency will trade in this range and try to break resistance and go above 1.4000
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USD/CHF forecast

On monthly chart, USD/CHF show some bearish pressure with last bearish candle. But it limit by strong monthly support at 0.8800. Need more long bearish candle to break this level with closing price break under support line. But if monthly candle close near / above support, this indicate the price need more volume to go lower.
on weekly chart, USD/CHF show bearish channel which possible to force this pair to touch weekly support at 0.8628 and then the price should be pullback to monthly range. As…
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Convallium avatar
Convallium 28 Feb.

interesting) thank you)

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wiyonofx 6 Mar.

@convalium : you're welcome.

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wiyonofx 16 Mar.

USD/CHF limit by 0.8690, if this level is broken, price will fall to next support at 0.8550

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wiyonofx 23 Mar.

level 0.8690 has broken, now USD/CHF try to break resistance at 0.8850

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