megajorko's Blog

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Searching the surprise

Hello traders,
I will try to make some extraordinary prediction based on the lates movements.
Currently it is obvious that the price of the pair - EUR/USD is going down. There are more fundamental reasons for this than technicals. Despite the fact that we have head and shoulders formation and triple top combined with the strong resistance of the round level 1.2 I am giving a shot to the level 1.22. The reason for this is that currently the channel up is still intact from the major uptrend as sho…
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Bullish Trend of the pair NZD/CAD

NZD/CAD in the moment is in some bearish trend which is expected to end, due to similar to triangle pattern
On the weekly there is a similar to triple bottom pattern, followed by not symmetrical triple top pattern with a nice shooting star.
According to Monthly
we see triangle which gives the probability of a reverse to the present bearish momentum which will lead to the level between 0.908 and 0.92. 0.915 is somewhere between.
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