Community Blog

Filtered by tags:  Date 2Nd Of January
Avatar

GBP/AUD down to 1.7877

General:
The pair, after a period of an uptrend is now in a period of indecision. The pair presents also a nice volatility level.
Expected rate of the pair for 2n of January : 1.7877
Support: 1.8366; 1.7816
On the weekly chart:
On the weekly chart a possible triangle pattern is forming
On the daily chart:
On the daily chart i draw a tunnel which i think the price will follow and also some important support levels which may effect the price's movement.
Read full story
Translate to English Show original
orto leave comments
Avatar

NZD/USD up to 0.8107

General:
The pair met an important support level around 0.7657 from which the price pulled back, for this reason i think it will retrace up.
Expected rate of the pair for 2n of January : 0.8107
Support: 0.7657
Resistance: 0.8071
On the weekly chart:
On the weekly chart i pointed out the main support level from which the price should go up and also an important resistence level.
On the daily chart:
On the daily chart i usde fibonaci retracements in order to individuate the possible retracement o…
Read full story
Translate to English Show original
orto leave comments
Avatar

NZD/CHF up to 0.7760

General:
The pair seems to be in a uptrend but with a lot of indecision, there is no a strong up trend.
Expected rate of the pair for 2n of January : 0.7760
Support: 0.7543
Resistance: 0.7682; 0.7760
On the weekly chart:
On the weekly chart i draw two trendlines, which , i think, formed a tunnel in which the price is moveing
On the daily chart:
ON the dailcy chart i pointed out some important support and resistence level adn the posible movement of the price.
Read full story
Translate to English Show original
orto leave comments
Avatar

NZD/CAD returns to 0.8939

General:
The pair seems to be in a weak up trend , and a possible triangle pattern is in action, as daily and weekly chart shows.
Expected rate of the pair for 2n of January : 0.8939
Resistance: 0.9000
On the weekly chart:
On the weekly chart i draw the possible triangle pattern and i think that there is an indecision in the market dor the future direction of the price.
On the daily chart:
On the dailcy chart there is a clear triangle pattern formed by the trend line and a very important resiste…
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/CAD down to 1.1103

General:
The pair is in a main up trend but from a weekly trend line i expect a retracement.
Expected rate of the pair for 2n of January : 1.1103
Support: 1.1163; 1.1048; 1.0950
Resistance: 1.1467
On the weekly chart:
On the weekly chart i pointed out the main up trend line but after the price met the resistence level i expect a retracement.
On the daily chart:
On the daily chart i pointed out the daily up trend, which i think will be broken because the weekly retracement will be much stronger.
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/PLN down to 3.2322

General:
The pair after meeting a resistence level around 3.4252 is going down, i think it will continue.
Expected rate of the pair for 2n of January : 3.2322
Support: 3.3030; 3.2820; 3.2590
Resistance: 3.4252 ; 3.3580
On the weekly chart:
On the weekly chart i pointed out the 2 main support and resistence points which, i think, will be very important for the next movement of the price.
On the daily chart:
On the daily chart i used fibonacci retracements in order to individuate some important le…
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/DKK up to 6.1217

General:
The pair is in a clear uptrend as daily and weekly charts shows, but it's very near the first resistence level (5.9785) from which the price can retrace. But i don't think it will, i think it will go up til the second resistence level around 6.1728
Expected rate of the pair for 2n of January : 6.1217
Resistance: 6.1728; 6.1217
On the weekly chart:
On the weekly chart i pointed out both resistence levels, which are very important for the future movement of the price.
On the daily char
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/SEK down to 7.0977

General:
The pair is in a main uptrend but after it hit an important resistence level around 7.4013. For this reason i think the price will have a retracement.
Expected rate of the pair for 2n of January : 7.0977
Resistance: 7.4013
On the weekly chart:
On the weekly chart i pointed out the important resistence level ( the right shoudler of the privious head and shoulders pattern)
On the daily chart:
On the daily chart i used the fibonacci retracement in order to individuate the possible retracem…
Read full story
Translate to English Show original
orto leave comments
Avatar

USD/SGD up to 1.3098

General:
The pair is in a main up trend but from the weekly chart i suppose that the main trend has some weakness, for this reason i expect a retracement.
Expected rate of the pair for 2n of January : 1.3098
Support: 1.2429
Resistance: 1.3098
On the weekly chart:
On the weekly chart i pointed out the support and resistence levels and also the 2 last candelsticks which, i suppose, may be a signal of a weak market.
On the daily chart:
On the daily chart, for the reasons i described below, i used f…
Read full story
Translate to English Show original
orto leave comments
Avatar

EUR/HKD down to 9.3409


General:

The pair is in a main strong downtrend, i think it will continue to go down.
Expected rate of the pair for 2n of January : 9.3409
Support: 9.5845; 9.3409
Resistance: 9.7672
On the weekly chart:
On the weekly chart i pointed out some support and resistence level
On the daily chart:
On the daily chart i pointed out the main downtrend which, i think the price will follow.
Read full story
Translate to English Show original
orto leave comments
More