Shuael's Blog

Avatar

AUD/SGD retracement before a down move

Situation:
On the long time frime prospective , the price couldn't break the resistence level ( as pointed out on the weekly chart) and then it moved
lower to break previous lows.
I expect the price to retrace in the direction of the main resistence level and after go down to make a lower low.
Expected rate: 1.01600
Weekly chart:
On the weekly chart i pointed out the main levels i'm considering
Daily chart:
A possibile scenario is described
Lee el artículo completo
Traducir a inglés Mostrar original
Shuael avatar
Shuael 28 Dic

I used a wrong timeline, setted on the 20 of feb.

oDejar comentarios
Avatar

AUD/SGD prediction 1st of July

Weekly chart:
On the weekly chart i draw the channel where the pair is trading at the moment.
I expect a pullback from the lower zone to the higher one.
Daily chart:
On the daily chart i used the same channel to draw the possible scenario.
Also if you pay attention to the weekly candles you will see that the bears are slowing down.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/SGD Prediction for the 1st of June

Weekly chart:
As you can see from the weekly chart the price broke the previous highs.
For this reason i expect a up move till the next resistence levels.
Daily chart:
On the daily chart i draw the possible scenario.
Considering the high volatility of this pair it's possible that the price will move even higher, but i think that the next resistence zones will hold the price .
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/SGD down to 1.0322

General:
The pair is in a general downtrend, for this reason , i think, that after the retracement, the price will go down.
Expected rate of the pair for 1st of May: 1.0322
Support: 1.0322
Resistence: 1.1050
On the weekly chart:
On the weekly chart i pointed out some important support and resistence levels. As you can see , on the weekly chart, the price, during the down move, had a little up tunnel which, at the end, resulted in the continuation of the down move. I think the same will happen …
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/SGD up to 1.1064

General:
As you can see from the weekly chart the pair is in a main dontrend, but after the price has met an important support level i expect a retracement.
Expected rate of the pair for 1st of April: 1.1064
Support: 1.0316
Resistence: 1.0660; 1.0984; 1.1064
On the weekly chart:
On the weekly chart i just pointed out some interesting trendlines.
On the daily chart:
On the daily chart i pointed out the possible movement of the price and the levels which may affect it.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/SGD down 1.0443

General:
The pair is in a general downtrend and, i think, it has no reason to stop.
Expected rate of the pair for 2nd of March: 1.0443
Support: 1.0656; 1.0480
Resistence: 1.0970; 1.1085
On the weekly chart:
On the weekly chart i just want you to see that the pair is in a general downtrend , and that it break the previous support level around 1.1085, which now, i think, will become a resistence level.
On the daily chart:
On the daily chart my prefered target will be around 1.040 , because it's …
Lee el artículo completo
Traducir a inglés Mostrar original
Shuael avatar
Shuael 27 Feb

Update: The price hit my target but it had a retracement, maybe it will return downin order to make a double botom pattern

Shuael avatar
Shuael 1 Mar

Update2: the price had a little retracement from my target and it's slowly returning to that point

oDejar comentarios
Avatar

AUD/SGD up tp 1,4900

General:
The price met an important support level around 1,1020 from which, i think, it will go up
Expected rate of the pair for 2n of January : 1,1490
Support: 1,1020
Resistance: 1,1385; 1,178: 1,198
On the weekly chart:
On the weekly chart the price couldn't pass the resistence level around 1,178 from which it came back to 1,1020, I think it will go again up.
On the daily chart:
On the daily chart i used fibonacci retracements in order to individuate the possible target.
I also pointed out som…
Lee el artículo completo
Traducir a inglés Mostrar original
Shuael avatar
Shuael 23 Nov

Sorry wrrong title, I wanted to write : "AUD/SGD up to 1,1490"

oDejar comentarios