EUR/CAD


CHART SCALE: Weekly


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


RESISTANCE LEVELS: 1.51893


SUPPORT LEVELS : 1.36922


PAIR ANALYSIS :


The EUR/AUD pair pattern is in bearish tendency after the retracement at the resistance line in fig 1. The chart analysis could indicates a possibility of market bearish domination with some selling opportunities around the resistance line. The Linear Regression Slope around -0.003 and the configuration of the Parabolic Sar seem to support the slightly bearish analysis . A bearish or a bullish crossing of the 1.36922 and 1.51893 price can validate a bearish or a bullish domination. The AUD economy and the Oil analysis could support the Australian dollar in consideration of the commodity correlations .





FIGURE 1 shows the tendency






FIGURE 2 indicates the forecasting pattern





EUR/CAD



CHART SCALE: Weekly


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


RESISTANCE LEVELS: 1.50197



SUPPORT LEVELS : 1.35989



PAIR ANALYSIS :


The EUR/CAD pair is in a bearish tendency but the possible retracement at the support line as indicated in fig 2 can suggest a possibility of a bullish speculation.
The Linear Regression Slope at -0.001, the MFI and the configuration of the Parabolic Sar seem to support slightly bearish tendency.
The chart analysis also seems to suggest the possibility of a secondary bearish retracement at the resistance line as indicated in fig 2.
The Opec agreement for the Canadian economy in consideration of the commodity rally forecast can suggest the slightly bearish objective. A bearish crossing at 1.35989 can validate a significant bearish domination. A bullish crossing at 1.50197 can facilitate the buy leading.


FIGURE 1 shows the trendlines





FIGURE 2 indicates the forecasting pattern





EUR/GBP


CHART SCALE: Weekly


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


RESISTANCE LEVELS: 0.91003


SUPPORT LEVELS :0.83302


PAIR ANALYSIS :


The EUR/GBP pair is in a bullish pattern as indicated in fig 1. From the bullish retracement at the support line the currency pair has been dominated by a bullish positions tendency with few corrections along the pattern channel. The key level at 0.91003 indicated a resistance that can suggest the possibility of a bearish retracement. The Linear Regression Slope at -0.0003, the MFI and the configuration of the Parabolic Sar seem to support the trendless forecast. A bearish crossing at 0.8330 can validate a significant bearish domination. It can be formulated a forecast level price at 0.86877.


FIGURE 1 shows the tendency



FIGURE 2 indicates the forecasting pattern




EUR/HKD



CHART SCALE: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
RESISTANCE LEVELS: 8.90299
SUPPORT LEVELS : 8.0001
PAIR ANALYSIS :
The EUR/HKD pair is in a slightly bearish tendency with a possibility of retracement at the resistance line as indicated in fig 2. The chart indicates the possibility of a zone of indecision around the two lines at 8.29899 and 8.0001 as indicated in FIG 2.
The parabolic sar analysis seems support the bearish positions with few corrections along the area. With the crossing of the bearish line at the key level price at 8.29899 the pair could shows a bearish domination with the possible formation of a new bearish channel.
The Linear Regression Slope at - 0.03 and the MFI support the bearish analysis . A bullish crossing of the resistance line at 8.3002 can validate a bullish secondary retracement.


FIGURE 1 shows the tendency




FIGURE 2 indicates the forecasting pattern




EUR/JPY



CHART SCALE: Weekly


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



RESISTANCE LEVEL : 120.222



SUPPORT LEVELS : 108.832



PAIR ANALYSIS :



The EUR/JPY currency pair has been characterized by a slightly bullish tendency with a possibility of opportunity around the resistance line as indicated in fig 2. The Linear Regression Slope around 0.2 support the trendless or slightly bullish tendency suggested also with the the chart analysis. The configuration of the Parabolic Sar and the MFI support the trendless tendency. It could be considered as a possible support zone of retracement the area around 115.0001. A bullish crossing 120.222 could facilitate a bearish domination pair pattern.


FIGURE 1 shows the tendency


FIGURE 2 indicates the forecasting pattern


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