Wednesday, April 30, 2014

eur cad


On the daily chart, we are observing the head & shoulders pattern on top. till May 8th its time will be fulfilled.  according to down sloping trend in RSI, we are expecting to see a drop by having the neck line broken around 1.4990

Good luck
 Result

Tuesday, April 29, 2014



Audjpy
 
On the Daily chart by having the butterfly harmonic pattern formed, a reversal is being observed. We are expecting to see a drop by the price in the currency pair if the conversion area is broken below later.  





Aud cad
On the daily TF by having the price reached to the channel high extreme and having 2 harmonic patterns Ab=cd & butterfly formed with the time fulfilled and negative divergence as well, we are observing a reversal. The expectation is raised for a drop if the supply pressure exists within the market while having the bullish trend line broken concurrent with the conversion area as well.  



Sunday, April 27, 2014



Gbp aud
By having the trend line broken on the H1 Chart, we are expecting a growth.





Eur gbp
On the H4 chart the price is located on the conversion level zone. We are expecting to observe the price to grow by having the 0.8246 resistance level broken above.


Eur aud
On the M30 TF, the price is moving within a channel. We are expecting a trendy bias if the price breaks out of the box.


Result

 

Aud usd
The price is moving up within a bullish channel on the daily chart. We will be looking for short/sell opportunities across the market if the bottom of the channel is broken down.





Aud chf
By having the harmonic pattern formed on the daily TF we are observing a price reversal. Later, we are expecting to see a drop to the bottom of the channel if the selling pressure persisted.