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USD/ZAR SKYROCKETS TARGETING 17.51

Chart timeframes used: Monthly and weekly
Indicators used in the technical analysis: ADX INDICATOR, MOMENTUM INDICATOR, stochastic INDICATOR.
As shown on the monthly chart of the USDZAR there is buying follow through due to week ZAR currency, that is generated by signals coming from Momentum indicator and stochastic indicator confirming the strong buy signal in the long run to target 17.51 resistance.
In the next weekly chart, we can see that buy signal is confirmed even further by Momentum Indi…
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vap61 avatar
vap61 28 Ago

экзотикой не торгую, да и спред великоват))), автору лайк за смелость прогноза!))

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EURUsd and GbpUsd down move to be continuef

Fallowing yesterday's post regarding a possible corrextion on the Eur Usd and Gbp Usd Iloocked at the charts more carefully and the chandlestick patterns(bearish engulfing pattern) at those levels indicate the next down move should be an impulsive move. However, both pairs have shouwn significant signs of strength, so until yesterday' s tops are taken out my view will remain bearish for both.
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USDTRY SETUP

Analytic Method: Candle patterns
Weekly/Monthly Analysis
market forces have forced prices up. We are currently in a bullish trend and have been for the last three months.
The current price is 3.7475 and is expected to get higher, the dollar has been gaining, while the turkish lira is quite weak
there is a tendency that prices will go up.
US economic conditions:
• Interest rates have been increased with speculations of further increase.
• Healthy economic outlook
• No more quantitative easing
• G…
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CHFJPY SETUP

Analytic Method: Candle patterns
Weekly/Monthly Analysis
Over time market forces have pushed exchange rates way up to 115.00, a bearish trend is about to set in which will take prices back down to the target price of 111.00
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USDCHF is struck in a range without trend or direction

Swiss franc has given up completely since a month and everyone was expecting that it would continue for long considering the decrease in Euro deposit rate. But to the surprise, it was welcomed by the investors and EURO and FRANC had great run for last 2 days. In line with that please find the technical analysis,
Monthly chart:
- This pair shows low weakness since 2011 mid and since then downward movement was less and occasionally it peeped out (Jan 2015) but formed as a doji which again shows t…
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taimasik avatar
taimasik 28 Dic

was interesting to read!

AnastasiyaBauer avatar

smart ideas!

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EURUSD may make a bull run from now

In Yesterday and day before yesterday blog, I have mentioned about the short term possibility of EURO bullish run. But when we consider about today's statistics that EURO shares was flying high, USD started weaking, I believe EURO is ready for next bull run to 1.1 and even more. Please find my analysis on daily chart,
The chart shows that the current red candle crossing the previous bearish trend line within a day from bottom shows that this bull run may persists for more time. If the price cro…
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tdbatinkov avatar

may be it is time for correction

ijayakumar avatar

yes, next week I am expecting the EURO to atleast go over USD for 100 - 200 pips!

tdbatinkov avatar

corrections are not so relayables

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CADJPY is expected to continue short bullish channel

CADJPY is slowly recovering from Chinese hit back with lot of Doji's which shows the existing downside pressure and also the Risk Off trading. But as the recovery is slowly stabilizing, I expect this pair to move high with bullish channel. Please find the chart analysis,
Monthly chart:
- This pair has formed a nice range trading since mid of 2013 between 92 and 105
- Recent breakout suggests a downside breakout but it appears to be a false breakout, as the pair is slowly approaching to their pr…
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ijayakumar avatar

CAD is still moving slowly, but it has more time to develop it's bull run against Yen. Hope Canada picks up the race starting from the current CPI value.

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AUDCAD is expected to trande in defined range

AUDCAD is cornering it's Support and Resistance level and hence it is expected to breakout possibly downside soon. Please find my analysis using the charts,
Weekly Chart:
- This pair has bounced back from 0.9170 price action range where the same scenario happened in 2013 also, which indicates that this level would be considered as a strong Support level.
- Upside movement has lot of Doji's and also the price action touching the trend lines or nearer to it is very minimal which shows that this p…
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ijayakumar avatar

Aussie dollar has started it's bull run against all the pairs more than what has been expected. Hence it may seem like this pair may finish well above the expected value unless if Chinese deteriorates again.

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GBPUSD Showing Buying Strength into yesterday's London Close

The British Pound saw buyers stepping in with a vengeance leaving a strong bullish candle on the 4H chart yesterday going into the London Close.
The chart below shows clearly the strong momentum buying ahead of quite a few risk events this week for the GBP.
The long legged doji which closed at 1.5397, can now offer strong support on dips for buying opportunities.
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Технический анализ USD/CAD

Глядя на месячный график луни можно было бы предположить его коррекцию в зону 1.2700 - 1.2830. Однако поскольку последняя месячная свеча была красной, следующая свеча вероятно будет зеленой, поскольку цена этой пары находится над всеми 3-мя линиями Аллигатора. Также все три индикатора AO, AC и Gator имеют зеленые гистограммы и показывают ярко выраженный бычий тренд.
Исходя из вышесказанного, мой прогноз на 1.12.2015 - 1.3318.
Что касается недельного графика, то нем нем видно зону сопротивления 1…
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massimoscalas avatar

I agree....i'm short in real from 1.34 but I thik that all depend from oil....

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