Shuael's Blog

Avatar

CAD/HKD on the way to the new highs

Situation:
In the long term prospective the price is in an uptrend. The chart showed higher high and lower low formation.
Th eprice bounced from what i tend to believe is the new lower low, going to reach the new higher high.
Expected rate: 6.533
Weekly chart:
On the weekly chart i pointed out the main idea and important levels around which the price should come around.
Daily chart:
Possible scenario is described
Read full story
Translate to Inglese Show original
Shuael avatar
Shuael 28 Dic

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

oper inserire commenti
Avatar

CAD/HKD prediction 1st of July

Weekly chart:
On the weekly chart i draw a pitchfork from the recent swings.
I expect the price to pullback a bit from the median line but to be anyway in a range market.
Daily chart:
On the daily chart i dra the possible scenario considering the median line from the weekly chart.
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

CAD/HKD Prediction for the 1st of June

Weekly chart:
On the weekly chart i pointe out the next resistence zones.
Because of the strong momentum of the price i think that it will conitnue to move up despite the resistence levels.
Daily chart:
On the daily chart i pointed out the possible scenario
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

CAD/HKD down to 6.0440

General:
The pair is in a general downtrend which, i think, will continue after the daily tunnel.
Expected rate of the pair for 1st of May: 6.0440
Support: 6.0440; 5.9734
Resistence: 6.2695
On the weekly chart:
On the weekly chart i just pointed out the main downtrend and some support levels, which may be the future target of the pair.
On the daily chart:
On the daily chart i draw the possible scenario. If the price can break the support level around 6.0440 it should move down to 5.9734…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

CAD/HKD down to 5.9595

General:
The pair is in a main downtrend as you can see from the weekly chart, but it's near a very important support level.
Expected rate of the pair for 1st of April: 5.9595
Support: 5.9595; 6.0731
Resistence: 6.3580
On the weekly chart:
On the weekly chart i just pointed out the main downtrend and the big down movement of the price til the support level.
On the daily chart:
On the daily chart i used the fibonacci retracement in order to individuate the possible price retracement, but after …
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

CAD/HKD first down then up again

General:
The pair is in a main downtrend from several years. But the price is near a very important support level, around 6.140. From which i think that we can see a retracement.
Expected rate of the pair for 2nd of March: 6.2500
Support: 6.1400;
Resistence: 6.601
On the weekly chart:
On the weekly chart i just wanted to show you the force of this downtrend in these weeks. For this reason, MAYBE, the price is giving his last "hits" for the downtrend, but you never know how much it will continue…
Read full story
Translate to Inglese Show original
Shuael avatar
Shuael 27 Feb

Update: the price couldn't pas the support level as expected and it's very near my target

Shuael avatar
Shuael 1 Mar

Update2: my target, as expected, became an support level which the price couldn't pass, right now the price is going up to try to test tha area again

oper inserire commenti
Avatar

CAD/HKD down to 6.6020

General:
The pair is in a main downtrend from 2011, it is possible that the trend will continue .
Expected rate of the pair for 2n of January : 6.6020
Support: 6.778; 6.020
Resistance: 6.9110
On the weekly chart:
On the weekly chart i pointed out the main downtrend, which is fallowing the main trendline, for this reason i think that the down trend will contue.
On the daily chart:
On the daily chart i pointed some important support and resistence levels. I don't think that the price will touch t…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

CAD/HKD down to 6.7312

General:
The pair is in a downtrend from 2012 and presents a very clear downtrend line.
Expected rate of the pair for 1st of December : 6.7312
Support: 6.8525; 6.7312
Resistance: 6.9454; 6.9874
On the weekly chart:
On the weekly chart i pointed out the main down trend line. and also some important support and resistence level.
On the daily chart:
On the daily chart i described the possible path that the price might make and also the possible down trend tunnel.
Read full story
Translate to Inglese Show original
Shuael avatar
Shuael 19 Nov

Update: The price is moving in the range of the two main trendlines as predicted. Now it ended the retracement and it's moving down.

oper inserire commenti