Shuael's Blog

Avatar

CHF/SGD reached the main support level

Situation:
Based on the long term prospective, after the chf crash at the start of 2015, the price never reached lower then 1.3500.
For this reason i consider this level a very strong support level, from which the price bounced several times,
as shown on the weekly chart.
I expect the price to move higher, infact a bullish candle is formed already on the weekly chart.
Expected rate: 1.3920
Weekly chart:
On the weekly chart i pointed out the main support level, around 1.3500
Daily chart:
On t…
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

CAD/JPY in an uptrend

Situation:

The pair is in an overall uptrend. A minor pullback is in action, but a strong weekly nullish candle is closed, for this reason i expect the
price to continue and move higher.
Expected rate: 93.600
Weekly chart:
On the weekly chart you can see the strong bullish candle which can take to a continuation of the trend.
Daily chart:
A possible scenario is described.
Lee el artículo completo
Traducir a inglés Mostrar original
Shuael avatar
Shuael 28 Dic

I used a wrong timeline, setted on the 20 of feb.

oDejar comentarios
Avatar

USD/DKK prediction 1st of July

Weekly chart:
On the weekly chart i pointed out the consalidation range in which is price is trading right now.
I expect the price to move higher to meet previous highs.
Daily chart:
On the daily chart i draw the possible scenario cosnidering support and resistenze zone and also the trendline which i expect will be broken.
Lee el artículo completo
Traducir a inglés Mostrar original
Shuael avatar
Shuael 30 Jun

Update: Price moved higher but still far away from my target

oDejar comentarios
Avatar

USD/CAD prediction 1st of July

Weekly chart:
On the weekly chart i draw some support/resistence zones.
As you can see the price dropped down during this period, i expect a retracement to atleast the 50% where we have structure.
Daily chart:
On the daily chart i draw the possible scenario considering the factors described by weekly analysis
Lee el artículo completo
Traducir a inglés Mostrar original
Shuael avatar
Shuael 30 Jun

Update: Price still need a lot of room to reach my target

oDejar comentarios
Avatar

NZD/USD prediction 1st of July

Weekly chart:
On the weekly chart i draw a "short -term" channel where the price is trading in.
I expect a retest of the upper trenlines, which is also the 61.8 fibo lvl.
From that point i expect the price to dropp lower.
Daily chart:
On the daily chart i draw the possible scenario considering the weekly analysis.
I also took in consideration the daily support zone market in blue
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

GBP/JPY prediction 1st of July

Weekly chart:
On the weekly chart i pointed out thesupport level from which the price reacted.
I epct a higher move till the next resistence level.
Daily chart:
On the daily chart i draw the possible scenario, considering also the trendlines and support/resistence level.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

GBP/AUD prediction 1st of July

Weekly chart:
On the weekly chart i pointed out 3 important trendlines which price is respecting.
I expect price to move up till the midle line.
Daily chart:
On the daily chart i draw the possible scenario considering the weekly trendlines.
I also took in consideration various resistence zones.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

CAD/HKD prediction 1st of July

Weekly chart:
On the weekly chart i draw a pitchfork from the recent swings.
I expect the price to pullback a bit from the median line but to be anyway in a range market.
Daily chart:
On the daily chart i dra the possible scenario considering the median line from the weekly chart.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/USD prediction 1st of July

Weekly chart:
On the weekly chart i simply draw a pitchfork considering the privous highs and lows.
As you can see the bears are weakining near the median line, a pullback is expected.
Daily chart:
On the daily chart i draw the possible scenario considering the weekly pitchfork.
Also we have a 61.8 fibo retracement confluence on that level.
A retest of the previous highs is expected
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Avatar

AUD/SGD prediction 1st of July

Weekly chart:
On the weekly chart i draw the channel where the pair is trading at the moment.
I expect a pullback from the lower zone to the higher one.
Daily chart:
On the daily chart i used the same channel to draw the possible scenario.
Also if you pay attention to the weekly candles you will see that the bears are slowing down.
Lee el artículo completo
Traducir a inglés Mostrar original
oDejar comentarios
Más