Tuesday, November 25, 2014

NZDJPY

On the weekly TF, we are observing a reversal by having the price hit the higher line of the channel. A drop is expected by the pair if the condition goes well enough and increasing the supply across the market.
Result
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Friday, November 21, 2014

CADJPY

On the daily chart, by having the crab harmonic pattern formed a reversal is in sight. If the situation continues, we will have more drops coming in the market.
Result
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Monday, November 17, 2014

EURGBP



On the daily TF, the price is fluctuating within a congestion area. We are expecting it to start growing if 0.8050 area is broken above.

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GBPJPY



On the H4 chart a bearish divergence is observable. We can look for a drop if the trend line have been broken below and the price stayed below that around 180.90.

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USDCAD



On the weekly TF a Bat harmonic pattern is in sight. We are expecting to see a drop if the bearish divergence confirmed.

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EURNZD



On the daily chart, the price is bullish and at the same time a reversal on the trend line is in sight by having the harmonic pattern being formed. As long as the trend line is not broken below, a reversal may be seen by fueling up the demand.

Result
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GBPUSD



On the daily chart, there are 2 harmonic patterns in sight:
AB=CD, Wolf wave
We are expecting a growth if the prices stabilized on the floor of the channel.

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