Monday, March 9, 2015

GBPNZD



On the daily chart, a flag pattern is in sight. If the price breaks 2.0560 area and above and having the price stabilized above the level, everything will be ready to have the price up to around 2.2000.

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GBPCHF



On the daily chart, the price is on 0.786 fibo level and in the other hand a support to resistant conversion has happened. We are expecting a drop, if the negative hidden divergence happened and 1.4650 support level collapsed.

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EURUSD



On the monthly chart, the price is in a bearish channel and currently an ab=cd is in sight. We are expecting to see a growth if the demand fuels up while having a good condition. Lower time frames is a great place to hunt the best long opportunities.

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EURNZD



On the daily chart, based on the formation between the price and the indicator, we are expecting the ground to be ready for the price to growth if the positive divergence confirmed it.

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EURJPY



On the H4 chart, a bat harmonic pattern is in sight and its time will be fulfilled till March 10th. It is expected to see the price climbs if the demand increased. The stop loss for this forecast would be 130.00

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EURCAD



On the daily chart, the price is moving downward and currently an ab=cd is in sight and its time will be fulfilled till March 11th. We are expecting a growth if the condition is good enough. Lower time frames could be used as an entry trigger. Breaking the lower channel line could fail the forecast.

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Tuesday, March 3, 2015

GBPJPY

On the H4 chart, the price is getting out of the box. We are expecting to see a drop if 183.43 level is broken below.

Result
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