Shuael's Blog

Avatar

AUD/CAD retracement

Overview:
AUD/CAD is in a downtred from march of this year.
The price, after hitting three time the resistence level around 1.032 bounced back to 0.9595 level.
In the past two weeks the price broke this level and as you can see from the weekly chart we had very insicure down move.
Weekly chart:
On the wekly chart you can clearly see the downmove which started in march of this year.
And also all the aspects i mentioned in the "overview" section"
Daily chart:
On the daily chart the possible scenar…
Ler história completa
Traduzir para Inglês Mostrar original
oudeixar comentários
Avatar

AUD/CAD up to previous highs

Situation:
The price bounced 3 weeks ago from an important support level which hold the price for several time now and i expect it to continue to do so.
In the previous ocasions the price reacted heavly from that support level as it did this time around.
I expect the price to climb higher and reac privous highs:
Weekly chart:
On the weekly chart some important areas of support and resistence are pointed out.
Daily chart:
On the daily chart a possible scenario is described
Ler história completa
Traduzir para Inglês Mostrar original
Shuael avatar
Shuael 28 Dez

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

oudeixar comentários
Avatar

AUD/CAD Prediction 1st of July

Weekly chart:
On the weekly chart i simply draw a pitchfork.
As you can see the prcie respected the median line.
Take in miond that we are also near the 61.8 fibo retracement of the main swing.
I expect a range market which will bring the price near the 886 fibo retracement.
Daily chart:
On the daily chart i used the same pitchfork to draw the possible scenario.
Ler história completa
Traduzir para Inglês Mostrar original
oudeixar comentários