Wednesday, April 8, 2015

GBPUSD

On the h4 chart, the chart is fluctuating inside a consolidation area. We are expecting a move in line with the trend by having the price out of this box.
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Tuesday, April 7, 2015

AUDNZD


On the h4 chart, the price is fluctuating inside a bearish channel. We are expecting a trendy move,  if the price violates the top or button of the box.
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EURCAD

On the h4 chart, the chart is fluctuating inside a consolidation area. We are expecting a move in line with the trend by having the price out of this box.
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Oil

on the daily chart, the  price is going up and down inside a box. if the upper limit around 54.45 is broken above, a rise is expected and in case the lower limit of the box around 43.77 is violated below, a drop is expected. as long as the price swings inside the box, the wave running could be considered.
Result
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USDCAD

on the H4 chart, the price is swinging inside a neutral rectangle. if it breaks out of the rectangle, it is expected for the price to continue trendy. as long as the price fluctuates within the area, couple of wave running could be considered.
Result
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EURUSD

on the daily chart, the price is going downward and by having a positive divergence being formed, a reversal is in sight. it is expected if conversion zone around 1.1100 area  is broken above, the way will be paved for the price to rise to around 1.1500 and 1.1800.
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Wednesday, April 1, 2015

EURNZD

O the H4 TF, currently the price is going downward and we see head and shoulders bottom.We are expecting to have a upward move to around 1.4880, if the neckline is broken around 1.4500.
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