AUD/CAD


SUPPORT LEVELS : 1.0777


RESISTANCE LEVELS: 0.96811


PAIR ANALYSIS :


The AUD/CAD is in abearish tendency after a rebounce at the Bollinger Band resistance as indicated in fig 1. The pair pattern suggests a possible pattern around the support line. The Linear Regression Slope around -0.0001 can be analyzed as slightly bearish 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 slightly bullish retracement around the support line.
A bearish crossing at 0.9701 can validate a significant bearish domination. The analysis suggests the possibility to open a buy position at 0.9802 with TP at 1.002 and SL at 0.96877 .

FIGURE 1 shows the trendlines






AUD/CHF


RESISTANCE LEVELS: 0.8002



SUPPORT LEVELS : 0.73002



PAIR ANALYSIS :



The AUD/CHF currency pair pattern is in a slighty bullish trend within a channel but it could be possible that it can be dominated by a trendless parallel channel considering the two keys level price at 0.80002 and 0.73002. The Linear Regression Slope at -0.0002 , 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 1 as a possibility for a secondary bullish opportunity. Moving ahead, market release on Australia’s production expectation data could support the slighly bullish trend with the consideration of the China monetary policy. A bearish crossing of the 0.73002 can validate a bearish domination. A bullish crossing at 0.8003 can facilitate a bullish monopoly.


FIGURE 1 shows the trendlines.








AUD/CHF


RESISTANCE LEVELS: 89.001


SUPPORT LEVELS : 80.010


PAIR ANALYSIS :


AUD/JPY is in a slightly bullish pattern around the resistance line at 87.7. This key level lines can indicate the possibility of a trendless/slightly bearish tendency. A bullish crossing at 89.1 can suggest bullish domination and a bearish crossing at 80.010 a selling leading. The key level price at 84.0201 as indicated in fig 2 can be a possible convergence line of the trend. The Linear Regression Slope around 0.2 integrated with the MFI and the distribution of the Parabolic sar support the slightly bullish trend as indicated in fig 1.

FIGURE 1 shows the key level price.


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