SOME AUSTRALIAN TECHNICAL ANALYSIS



AUD/CAD possibility of trendless ?
CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 0.97182 - 0.98931
RESISTANCE LEVELS: 0.92312 - 0.9410

PAIR ANALYSIS :
The AUD/CA is in a slightly bullish tone after a rebounce at the support line at 0.9410 as indicated in fig 1. The pair pattern analysis suggests the possibility possible bounce around the resistance line at around the key level price at 0.98931. The Linear Regression Slope around 0.0032 can be analyzed as slightly bullish tendency.The MFI and the Parabolic Sar can suggest the validity of the figure pattern and the indecision of the market. The chart analysis suggest the possibility of a sell lim pending order at 0.98931 with TP at 0.97132 and SL at 1.0082 . ( Fig 2)
A bearish crossing at 0.92312 can validate a significant bearish domination.
It can be evaluated a forecast level price at 0.97182.
FIGURE 1 shows the triangle formation


FIGURE 2 indicates the forecasting pattern





AUD/CHF Slightly bullish

CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 0.72029 - 0.76168 - 0.8001
RESISTANCE LEVELS: 0.68629
PAIR ANALYSIS :The AUD/CHF currency pair pattern is in a slighty bullish trend but it could be possible that it can be dominated by a trendless parallel channel considering the two keys level price at 0.76168 and 0.72029. The Linear Regression Slope at -0.00002, the MFI value and the Parabolic Sar can support the trendless pattern forecast. It is relevant to consider in this analysis the possible retracement around the support line as indicated in fig 2. Moving ahead, market release on Australia’s production expectation data could support the slightly bullish trend with the consideration of the China monetary policy and the Oil tendency . A bearish crossing of the 0.68629 can validate a bearish domination. A bullish crossing at 0.76168 can facilitate a bullish monopoly. It can be evaluated a forecast level price at 0.72029.
FIGURE 1 shows the trendlines.


FIGURE 2 indicates the forecasting pattern



AUD/JPY bearish with possible retracement

CHART SCALE
: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 80.913
RESISTANCE LEVELS: 76.986
PAIR ANALYSIS :
AUD/JPY is in a slightly bearish trend in consideration of the resistance line at 80.913 and the key level price at 76.986 as indicated in fig 1. The key level at 76.986 can be considered as a possible support line with a possible bullish retracement . The chart analysis seems to suggest a possible channel pattern figure. The Linear Regression Slope around -0.1 integrated with the MFI and the distribution of the Parabolic sar support the slightly bearish trend.
A bullish crossing at 80.913 can validate a significant bullish monopoly. It can be indicated a forecast level price at 80.083.
FIGURE 1 shows the trendlines and the key level support and resistance level.

FIGURE 2
indicates the forecasting pattern








Translate to English Show original