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AUDCAD on strong support, moving higher

In my technical analysis i use chart with candlesticks and simple and useful indicator like Moving averages 100 and 200. I also use trendline and horizontal line with tops and bottoms. And in same cases fibonacci levels can be important factor for setting forecast.
Chart 1 - AUDCAD weekly
As we see on weekly chart audcad has very important support on levels arount 0.935 and after that slowly starting to rise. My setting price is 0.967 where i think will be weekly moving average. On daily chart p…
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EURUSD can not breakout down trendline

In my technical analysis i use Moving Average 100 and 200 and Trendlines. Timeframe which are on charts are daily and h4. In this daily chart on EURUSD we see that price is beyond 100 and 200 Moving Average but too price is very close to trendlines which goes down, that trendline will have very strong ressistance and after one,two or three attempts price will fail to breakout this trendline and price will go down back on Moving Average 100. On H4 chart on EURUSD we see that price is beyond 100 a…
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dinok85 avatar
dinok85 30 Sie

you have very good technical analysis and prediction is very well

amerfx86 avatar
amerfx86 31 Sie

Price on eurusd on friday was tested sideline support and failed to break and continue to falling. This weekend and opening of market in late Sunday can bring some gap on down side and maybe break that support which is now on range 1.3175-1,3190

Haynes6EU avatar

Good analysis

annatimone avatar

Good information. Thank you!

Jessa avatar
Jessa 7 Wrz

thanks for posting :)

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