Monday, September 29, 2014

EURUSD



On the weekly chart, the price a fluctuating down inside a channel. The harmonic pattern will be formed when the price got closer to around 1.2500 and an expectation for a growth will become true if the demand force fueled up.

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USDCHF



On the weekly TF the price is going down along with the bearish trend and an Inv ab=cd is on-sight simultaneously. If the supply side takes overcomes to the demand side, the expectation will be going for a drop.

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GBPAUD



On the H4 chart, the price is playing upward within a bullish channel and currently a bearish divergence is on-sight. The expectation for a drop by having the bottom of the channel broken below will comes to the reality.

Result
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NZDUSD



On the weekly TF an Inv ab=cd harmonic pattern is on-sight. Based on the current condition we are expecting to see a reversal alongside with increasing the demand.

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USDCAD



On the H4 chart the price is moving inside an upward channel and an AB=CD harmonic pattern is on-sight simultaneously. Based on its time being fulfilled, we are expecting to have a drop across the market if the supply pressure takes the upper hand.

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NZDJPY



On the daily chart, the price is fluctuating within a down sloping channel. We are expecting to see a drop by the pair if the lower limitation of the channel around 85.60 is broken below.

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