Sunday, May 11, 2014



Aud chf
On the daily chart, having the resistance level conversed to support; a price reversal is on sight. Then, we are expecting to have the pair grown up to around 0.8594 by having the 0.8330 resistance level broken above.



Aud nzd
On the daily TF, the price is fluctuating up & down within the congestion area and by having the time fulfilled, a reversal from the bottom of the triangle is being observed. Thereafter, if 1.0933 resistance level is broken above strongly, we are expecting to have the price rose mid-term by the pair.
 

Eur nzd
On the H1 chart, we are observing a reversal by having a Gartley harmonic pattern formed. Till May 12 its corresponding time will be fulfilled and we will see the price going upward if 1.6000 range is broken above.


Eur usd
On the daily chart, the price is swinging within a congestion area. If 1.3650 support is broken down, the expectation would be for a drop then.


Gbp cad
On the daily chart, the price is inside a bullish long-term channel and having H&S pattern on top a price reversal is on-sight. Then, if the neck line is broken below around 1.8150 strongly, the mid-term is expected to be for a drop.


Gbp usd
On the daily chart, the price is within a bullish channel and near 2 harmonic patterns the reversal is on-sight. Till May 13th its time will be fulfilled. If the supply pressure persists across the market, the expectation is for a drop then.



Result

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