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AUD/SGD towards the lower border of a weekly channel

AdamFx42 Publié 12 oct comme Analyse sur AUD/SGD, Cible: 1.0911, Date: 1 de décembre, 12:00 GMT dans #Technical analysis #Weekly Channel #AUD/SGD #Fibonacci Expansion Level #Bearish Action

Aud/Sgd to me - has a beautiful technical setup,
all seems clear and price action is at work and speaks for itself
The weekly bearish channel the pair is in shows a strong bounce from the upper border
Price has broken through and retested the 61.8% fibonacci expansion level of the last weekly move down
The fast move down is supported by a bearish RSI, which should lead price further down to the lower border of the channel
Aud/Sgd weekly chart
On the daily chart we see that the 61.8% fibonacci ex…

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NZD/CHF down after breaking weekly channel

AdamFx42 Publié 19 aou comme Analyse sur NZD/CHF, Cible: 0.7537, Date: 1 de octobre, 12:00 GMT dans #Technical analysis #NZD/CHF #Fibonacci Expansion #Fibonacci Retracement #Bearish Action

Nzd/Chf has broken the lower border of a weekly trendline and channel,
and has retested the entry back into the channel and failed -
this is a clear bearish sign:
Nzd/Chf weekly chart
On the daily chart we also see that the 161.8% fibonacci expansion level of the latest move
lies around the 100% fibonacci retracement;
these levels could be the target of a bearish move after the breakout downward:
Nzd/Chf daily chart

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AUD/SGD towards the lower border of a weekly channel

NZD/CHF down after breaking weekly channel