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NZD/USD turning bullish after recent weekly low

Nzd/Usd is turning bullish as several indicators and the price action suggests
On the monthly chart we find that there is sideways action in the pair,
and it seems that the price is bottoming out near the lower border of the monthly sideways channel
Stochastic seems to be turning up here, while RSI-14 remains below 50
Nzd/Usd monthly chart
The weekly chart provides some very interesting facts:
both the RSI-14, as well as the stochastic indicator show bullish divergence
while price action does no…
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AdamFx42 16 Jan

After a bit more bearish sentiment, pair is finally holding above 0,78
Need another bullish move towards o.79 to confirm turnaround in sentiment,
and acknowledge my prediction

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USD/CHF shows a bullish Bias

The most telling picture in Usd/Chf is the weekly chart
Usd/Chf weekly chart
We can see the trendlines moving the price up, and we can also see that any retracement down
is quickly countered by a strong move up,
the latest candle is a strong bullish engulfing candle, and it is most likely that Usd/Chf will continue its move up
The fibonacci expansion level of 61.8% of the last weekly move up provides us with a target just below 0.99
Also, on the weekly chart we see that the Stoachistic indicator…
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AdamFx42 avatar

Daily trendline has been tested immidiately after I posted my prediction,
and price shot up as I predicted - putting in a new high, around 0.98
The higher high, and higher lows still make this pair a bullish one,
and price should move up higher now

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AdamFx42 19 Dez

After some deeper retracement towards 0.96 - due to Usd/Jpy weakness - the pair is again challenging 0.98, if it breaks my target should prove correct

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AdamFx42 19 Dez

Daily trendline that i drew on the chart is holding price above it once again, and the target area - the weekly 61.8% fibonacci expansion level should be hit before the end of the month

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AdamFx42 29 Dez

My target area has been reached, and the prediction has played out very well,
if 0.99 can hold the price below it for a few days then I will be close with my prediction,
as long as 0.98 is still support    ---  need about 20 pips down for it to be perfect

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USD/CAD weekly trendline to be retested

Usd/Cad looks very bullish at the moment,
but some of the targets are close-by and may lead to the pair retesting the lower border of
the weekly bullish trendline
On the weekly chart we can see the bullish weekly trendline
and the weekly fibonacci expansion target of 61.8% just below 1.13
Usd/Cad weekly chart
On the daily chart there is another fibonacci expansion level of 61.8% of the last daily move
around 1.132 - just about the same level as the weekly target of expansion
These two levels tog…
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peachynicnic avatar

thanks

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AdamFx42 19 Out

Price has already reached my predicted target of 1.1320, and bounced
Need a move lower to start now, for my target to work

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AdamFx42 30 Out

target reached - it has played out as I predicted already - bit too soon
now is to wait and see if the price will be held between resistance and support areas

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AdamFx42 10 Nov

Price has gone higher than I expected - see if prediction still plays out,
support at 1.11 area is still the same

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