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EUR/AUD prediction 1st of July

Weekly chart:
On the weekly chart i draw a fibonacci retracement .
As you can see the price is near 61.8%
I expect a pullback.
Daily chart:
On the daily chart i draw the possible scenario, considering also some important zones.
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Shuael avatar
Shuael 30 Cze

Update: The price is near my target, waiting for the price to move down to test again the 1.4800 level

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Shuael 1 Lip

Update: Price retraced after hiting my target, waiting for a retest before 12 gmt

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EUR/AUD Prediction for the 1st of June Analysis

Weekly chart:
On the weekly chart you can see the general down move of the price during last months.
I expect the price to test long term lows again.
Daily chart:
On the daily chart i draw the lows i was talking about previously and the possible scenario.
Take in mind that it's still possible that the support level will hold and the price will not move to the lower support level.
But my expectetion is still for the price to move lower,
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EUR/AUD down to 1.3454

General:
The pair is in a general downtrend. The weekly trendline has been broken, for this reason i expect another down move.
Expected rate of the pair for 1st of May: 1.3454
Support: 1.3454; 1.3837
Resistence: 1.4048
On the weekly chart:
On the weekly chart i pointed out the main trendline which has been broken by the price.
On the daily chart:
On the daily chart i draw the possible scenario and the possible target based on the volatility of the pair.
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EUR/AUD down to 1.3906

General:
The pair seems to be in a general downtrend
Expected rate of the pair for 1st of April: 1.3906
Support: 1.4140; 1.4005; 1.3810
Resistence:
[b]On the weekly chart:

[/b]On the weekly chart i just pointed out the possible head and shoulders pattern in action.
On the daily chart:
On the daily chart i draw some important support levels which may affect the movement of the price.
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VictoriaVika avatar

Nice one!

Shuael avatar
Shuael 30 Mar

Thank you:)

Shuael avatar
Shuael 30 Mar

Update: The price hit my target, but in these days you can see an up retracement. Let's see if the price will return to my target.

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EUR/AUD down to 1.3640

General:
From the weekly chart you can see that the pair is in a main downtrend even if it had a very big retracement.
Expected rate of the pair for 2nd of March: 1.3640
Support: 1.4000; 1.3800; 1.3640
Resistence: 1.4231; 1.4568
On the weekly chart:
On the weekly chart i pointed out the main trendline and also the resistence level where the price returned this week.
On the daily chart:
On the daily chart i set some important support level which may affect the price when it will move down.
I th…
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EUR/AUD down to 1.3823

General:
The pair is in a lateral trend , i think it will follow the main trend by going down.
Expected rate of the pair for 2n of January : 1.3823
Support: 1.4570; 1.4231; 1.3823
Resistance: 1.4700
On the weekly chart:
On the weekly chart i pointed out what i think to be the main downtrend.
On the daily chart:
On the daily chart i pointed out the support and resistence levels , which i think may affect the future price movement.
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