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EUR/AUD to show some retracement.

Daily Chart
Min-Max(30): EUR/AUD is forming the higher Min-Max values from February 2018 onwards.
Andrew's Pitchfork: It is in a upward sloping formation where EUR/AUD is finding resistance from the middle line.
Weekly Chart
Fibonacci Retracements: I think EUR/AUD has reached the series high and I am expecting it to retrace to 1.56 levels which is a 23.60 % Fibonacci Retracement of rally from 1.44 to 1.59 .
Price Channel: It is in upward sloping formation where EUR/AUD is forming higher highs an…
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AUD/NZD may consolidate.

Daily Chart
Min-Max(30): AUD/NZD is forming the lower Min-Max values from February 2018 onwards.
Andrew's Pitchfork: It is in a downward sloping formation where AUD/NZD is slowly moving downwards along the middle trend line.
Weekly Chart
Fibonacci Retracements: AUD/NZD is holding above the support of 61.80 % Fibonacci Retracement of rise from 1.03 to 1.13.
Price Channel: It is in upward sloping formation where AUD/NZD is taking support from the lower line.
Monthly Chart
Standard Deviation: It is…
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Vaibhav27 avatar
Vaibhav27 26 Apr.

House Price Index of Australia rose 1 % (QoQ) in the fourth quarter ending December 2017 which is a turnaround compared to decline seen in prior quarter. Residential property prices in provincial capital cities of Sydney; Darwin ; Perth ; and Canberra are cooling off fallowing the revision of housing credit norms by authorities to ward off any housing price bubble. However, the strong demand for housing units in remaining provincial capital cities of Hobart ; Melbourne and Brisbane is keeping the House Price Index well supported.

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Analyzing AUD/JPY.

Daily Chart
Min-Max(30): AUD/JPY is forming the lower Min-Max values from February 2018 onwards.
Andrew's Pitchfork: It is in a downward sloping formation where AUD/JPY is diving down after breaking below the middle line.
Weekly Chart
Fibonacci Retracements: AUD/JPY is taking support near the 50 % Fibonacci Retracement of rise from 72 to 90.
Price Channel: It is in upward sloping formation where AUD/JPY is moving downwards after breaking below the support of lower line.
Monthly Chart
Standard De…
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Vaibhav27 avatar
Vaibhav27 26 Apr.

House Price Index of Australia rose 1 % (QoQ) in the fourth quarter ending December 2017 which is a turnaround compared to decline seen in prior quarter. Residential property prices in provincial capital cities of Sydney; Darwin ; Perth ; and Canberra are cooling off fallowing the revision of housing credit norms by authorities to ward off any housing price bubble. However, the strong demand for housing units in remaining provincial capital cities of Hobart ; Melbourne and Brisbane is keeping the House Price Index well supported.

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Downtrend of USD/CHF to continue.

Daily Chart
Min-Max(30): USD/CHF is forming the lower Min-Max values from December 2017 onwards.
Standard Deviation: It is in downward sloping channel where USD/CHF has broken below the lower line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in expansion phase where USD/CHF is finding support at the lower band.
Andrew's Pitchfork: It is in a downward sloping formation where USD/CHF is diving down after finding resistance from the upper line.
Monthly Chart
Fibonacci Retracements: USD/CH…
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Vaibhav27 avatar
Vaibhav27 25 Mar.

Mortgage applications in the United States declined by -1.1 % (WoW) for the week ended 16th March 2018 which is a large decline compared to the 0.9 % rise seen in the previous week ended March 9th 2018. People are opting for big ticket purchases such as a new house as they are feeling confident about their future earnings as economic outlook is robust. Even existing housing debts are being paid with relative ease pushing refinance share of mortgage activity to its lowest level since September 2008, which was 40.1 % of total Mortgage applications last week.

Vaibhav27 avatar
Vaibhav27 28 Mar.

Federal Reserve of United states of America hiked the Federal fund rates to 1-1/2 to 1-3/4 percent from the 1-1/4 to 1-1/2 percent in the FOMC meeting held on 20-21 March 2018. Business investments in sectors such as construction, retail trade, professional and business services, manufacturing, financial activities, and mining has been on rise for last few years on back of accommodative monetory policy of Federal Reserve. As a result job gains have averaged more than 200k for last six months. Inflation is also inching closer to 2 % thus giving Fed head room for monetary policy normalization.

Vaibhav27 avatar
Vaibhav27 30 Mar.

Richmond Fed Manufacturing Index of United States declined to 15 in March 2018 from 28 in previous month of February. The key markers of demand for manufactured goods such as shipments, volume of new orders and backlog of orders have registered significant rise in last few months and I think some moderation is expected on this front. Strong growth in manufacturing activities is leading to increasing employment opportunites however a shortage of skilled workers is being felt thus pushing the wages upward. Also accelarated growth is expected to be seen in both prices paid and prices received.

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Uptrend of USD/CAD to continue.

Daily Chart
Min-Max(30): USD/CAD is forming the lower Min-Max values from December 2017 onwards.
Standard Deviation: It is in downward sloping channel where USD/CAD is finding support from the lower line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in contraction phase where USD/CAD is moving upwards after taking support at lower band.
Andrew's Pitchfork: It is in a downward sloping formation where USD/CAD is finding resistance from the upper line.
Monthly Chart
Fibonacci Retracements:…
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Vaibhav27 avatar
Vaibhav27 25 Feb.

Correction
Monthly Chart
Fibonacci Retracements: USD/CAD is reaching near the 50.00 % Fibonacci Retracement of fall from 1.46 to 1.21.

Vaibhav27 avatar
Vaibhav27 25 Mar.

Mortgage applications in the United States declined by -1.1 % (WoW) for the week ended 16th March 2018 which is a large decline compared to the 0.9 % rise seen in the previous week ended March 9th 2018. People are opting for big ticket purchases such as a new house as they are feeling confident about their future earnings as economic outlook is robust. Even existing housing debts are being paid with relative ease pushing refinance share of mortgage activity to its lowest level since September 2008, which was 40.1 % of total Mortgage applications last week.

Vaibhav27 avatar
Vaibhav27 28 Mar.

Federal Reserve of United states of America hiked the Federal fund rates to 1-1/2 to 1-3/4 percent from the 1-1/4 to 1-1/2 percent in the FOMC meeting held on 20-21 March 2018. Business investments in sectors such as construction, retail trade, professional and business services, manufacturing, financial activities, and mining has been on rise for last few years on back of accommodative monetory policy of Federal Reserve. As a result job gains have averaged more than 200k for last six months. Inflation is also inching closer to 2 % thus giving Fed head room for monetary policy normalization.

Vaibhav27 avatar
Vaibhav27 30 Mar.

Richmond Fed Manufacturing Index of United States declined to 15 in March 2018 from 28 in previous month of February. The key markers of demand for manufactured goods such as shipments, volume of new orders and backlog of orders have registered significant rise in last few months and I think some moderation is expected on this front. Strong growth in manufacturing activities is leading to increasing employment opportunites however a shortage of skilled workers is being felt thus pushing the wages upward. Also accelarated growth is expected to be seen in both prices paid and prices received.

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Analyzing NZD/JPY.

Daily Chart
Min-Max(30): NZD/JPY is forming the higher Min-Max values from December 2017 onwards.
Standard Deviation: It is in upward sloping channel where NZD/JPY is finding support from the middle line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in expansion phase where NZD/JPY is moving upwards after taking support at middle band.
Andrew's Pitchfork: It is in a downward sloping formation where NZD/JPY is finding resistance from the upper line.
Monthly Chart
Fibonacci Retracements: …
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GBP/JPY may consolidate.

Daily Chart
Min-Max(30): GBP/JPY is forming the higher Min-Max values from November 2017 onwards.
Standard Deviation: It is in upward sloping channel where GBP/JPY is finding resistance from the upper line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in contraction phase while GBP/JPY is slowly moving upwards.
Andrew's Pitchfork: It is in upward sloping formation where GBP/JPY is finding support from the lower line.
Monthly Chart
Fibonacci Retracements: GBP/JPY is reaching near the 50.…
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moursi avatar
moursi 21 Feb.

keep up

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GBP/USD may consolidate.

GBP/USD
Daily Chart
Min-Max(30): GBP/USD is forming the higher Min-Max values from November 2017 onwards.
Standard Deviation: It is in upward sloping channel while GBP/USD is finding resistance from the upper line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in expansion phase while GBP/USD is sustaining above the upper line.
Andrew's Pitchfork: It is in upward sloping formation where GBP/USD has crossed above the middle line.
Monthly Chart
Fibonacci Retracements: GBP/USD is near the 5…
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Avinash2 avatar
Avinash2 9 Feb.

Good research

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NZD/USD may consolidate.

Daily Chart
Min-Max(30): NZD/USD is forming the higher Min-Max values from December onwards.
Standard Deviation: It is in upward sloping channel while NZD/USD is approaching the upper line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in expansion phase while NZD/USD is raching near the upper line.
Andrew's Pitchfork: It is in slightly upward sloping formation where NZD/USD has crossed above the middle line.
Monthly Chart
Fibonacci Retracements: NZD/USD is near the 50 % Fibonacci Retrac…
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Vaibhav27 avatar
Vaibhav27 25 Mar.

Mortgage applications in the United States declined by -1.1 % (WoW) for the week ended 16th March 2018 which is a large decline compared to the 0.9 % rise seen in the previous week ended March 9th 2018. People are opting for big ticket purchases such as a new house as they are feeling confident about their future earnings as economic outlook is robust. Even existing housing debts are being paid with relative ease pushing refinance share of mortgage activity to its lowest level since September 2008, which was 40.1 % of total Mortgage applications last week.

Vaibhav27 avatar
Vaibhav27 28 Mar.

Federal Reserve of United states of America hiked the Federal fund rates to 1-1/2 to 1-3/4 percent from the 1-1/4 to 1-1/2 percent in the FOMC meeting held on 20-21 March 2018. Business investments in sectors such as construction, retail trade, professional and business services, manufacturing, financial activities, and mining has been on rise for last few years on back of accommodative monetory policy of Federal Reserve. As a result job gains have averaged more than 200k for last six months. Inflation is also inching closer to 2 % thus giving Fed head room for monetary policy normalization.

Vaibhav27 avatar
Vaibhav27 30 Mar.

Richmond Fed Manufacturing Index of United States declined to 15 in March 2018 from 28 in previous month of February. The key markers of demand for manufactured goods such as shipments, volume of new orders and backlog of orders have registered significant rise in last few months and I think some moderation is expected on this front. Strong growth in manufacturing activities is leading to increasing employment opportunites however a shortage of skilled workers is being felt thus pushing the wages upward. Also accelarated growth is expected to be seen in both prices paid and prices received.

orto leave comments
Avatar

AUD/USD may consolidate.

Daily Chart
Min-Max(30): AUD/USD is forming the higher Min-Max values from December onwards.
Standard Deviation: It is in upward sloping channel where AUD/USD is finding resistance from the upper line.
Weekly Chart
Bollinger Bands(20): Bollinger Bands are in expansion phase while AUD/USD is hovering near the upper line.
Andrew's Pitchfork: It is in upward sloping formation where AUD/USD is finding resistance from the upper line.
Monthly Chart
Fibonacci Retracements: AUD/USD is above the 23.60 % …
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Vaibhav27 avatar
Vaibhav27 25 Mar.

Mortgage applications in the United States declined by -1.1 % (WoW) for the week ended 16th March 2018 which is a large decline compared to the 0.9 % rise seen in the previous week ended March 9th 2018. People are opting for big ticket purchases such as a new house as they are feeling confident about their future earnings as economic outlook is robust. Even existing housing debts are being paid with relative ease pushing refinance share of mortgage activity to its lowest level since September 2008, which was 40.1 % of total Mortgage applications last week.

Vaibhav27 avatar
Vaibhav27 28 Mar.

Federal Reserve of United states of America hiked the Federal fund rates to 1-1/2 to 1-3/4 percent from the 1-1/4 to 1-1/2 percent in the FOMC meeting held on 20-21 March 2018. Business investments in sectors such as construction, retail trade, professional and business services, manufacturing, financial activities, and mining has been on rise for last few years on back of accommodative monetory policy of Federal Reserve. As a result job gains have averaged more than 200k for last six months. Inflation is also inching closer to 2 % thus giving Fed head room for monetary policy normalization.

Vaibhav27 avatar
Vaibhav27 30 Mar.

Richmond Fed Manufacturing Index of United States declined to 15 in March 2018 from 28 in previous month of February. The key markers of demand for manufactured goods such as shipments, volume of new orders and backlog of orders have registered significant rise in last few months and I think some moderation is expected on this front. Strong growth in manufacturing activities is leading to increasing employment opportunites however a shortage of skilled workers is being felt thus pushing the wages upward. Also accelarated growth is expected to be seen in both prices paid and prices received.

orto leave comments
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