Dukascopy Smart People Community

AUD/NZD- Channel Down !

Metal_Mind Posted 21 Jan. as Analysis on AUD/NZD, Target: 1.0295, Date: 3^rd of March, 12:00 GMT in #Technical analysis #AUD/NZD #Pattern #Breakout #Retracements #Channel Down #Smoth #Downwards

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.0586
AUD/NZD is in a channel down pattern for more than 8 months now. This channel down pattern is very viable also smoth and heading downwards gradually without any major disruption in the pattern.MACD on 4h chart indicates a bearish trend development soon which could be followed by some retracements but nothing significant.I don't see a channel breakout any…

Read full story

Translate to English Show original

USDZAR- Range or Channel Down?

Metal_Mind Posted 6 Nov. as Analysis on USD/ZAR, Target: 9.7834, Date: 2^nd of January, 12:00 GMT in #Technical analysis #Support #Resistance #Ema #Fan #Lines #Macd #Channel Down #Target #USD/ZAR

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 10.24

USDZAR has recently reached a resistance zone around (10.45 ) price level from which retraced lower forming a lower low support level at (9.55) than the previous support which was at (9.61) price level.Even though looking back the trend may induce the ideea of a range i think the price development in the future is heading towards a cha…

Read full story

Translate to English Show original

Trade with Swiss Bank

Community

Mobile apps

Related resources

Dukascopy Community

LIVE CONTESTS

Automated trading

Dukascopy Binary Trader

Miss Dukascopy

Miss Dukascopy

Code of Conduct

Have a question?

Contact Us

Dukascopy Connect 911

Metal_Mind's Blog

AUD/NZD- Channel Down !

USDZAR- Range or Channel Down?