AUSTRALIAN TECHNICAL ANALYSIS




CHART SCALE: Weekly

INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope


RESISTANCE LEVELS: 0.9987

SUPPORT LEVELS : 0.9310


PAIR ANALYSIS :

The AUD/CAD is in a slightly bullish tone after a rebounce at the support zone in 0.9310 with the possibility of a triangle formation as indicated in fig 2 . The pair pattern suggests a possible retracement around the resistance line at 0.9987. The Linear Regression Slope around 0.002 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 slightly bullishobjective around the 0.9998 area. ( Fig 2)
A bearish crossing at 0.9310 can validate a significant bearish domination. The analysis suggests the possibility to open a buy limit position at 0.9729 with SL at 0.9310 and TP at 0.9987.

FIGURE 1 shows the triangle formation




FIGURE 2 indicates the forecasting pattern







CHART SCALE: Weekly


INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope


RESISTANCE LEVELS: 0.75807


SUPPORT LEVELS : 0.70299 - 0.73512



PAIR ANALYSIS :


The AUD/CHF currency pair pattern is in a slighty bearish trend but it could be possible that it can be dominated by a trendless parallel channel considering the two keys level price at 0.75807 and 0.70299 . The Linear Regression Slope at -0.0001 , the MFI value and the Parabolic Sar can support the trendless or slightly bearish 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 bullish trend with the consideration of the China monetary policy. A bearish crossing of the 0.70299 can validate a bearish domination. A bullish crossing at 0.75807 can facilitate a bullish monopoly.




FIGURE 1 shows the trendlines.





FIGURE 2 indicates the forecasting pattern








CHART SCALE: Weekly

INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope

RESISTANCE LEVELS: 1.05 - 1.07

SUPPORT LEVELS : 1.0467

PAIR ANALYSIS :

AUD/NZD is in a slightly bearish tendency with the price around the key level price at 1.05 as indicated in fig 1 . The currency chart pattern analysis suggest the possibility of a bullish retracement around the 1.0467 area as indicated in fig 2. The pair forecast pattern in this analysis could be dominated by selling positions with a bullish recovery at the support zone . The Linear Regression Slope around - 0.006 and the configuration of the Parabolic Sar seem to support the slightly bearish tendency before to retrace at the support zone.
The retracement can also envelope a trendless area between the 1.05567 and the 1.0467 .The crossing of the 1.07 can validate a significant bullish domination.


FIGURE 1 shows the bearish trend and the possible retracement



FIGURE 2 indicates the forecasting pattern




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