Indicators: RSI, Volatility, Volume, HMM

Key price levels : 0.69077 - 0.72891 - 0.77323

Weekly Charts pattern : Triangle, Trendless, W1 Chart.

Weekly Vision

AUD/CHF is moving in a slightly bullish channel dynamics. The chart analysis indicates a trendless-slightly bullish regime can be supported by the chart analysis and the Hidden Markov indicator. Volume, RSI and Standard deviation analysis suggest a slightly bullish dynamics.

Daily Vision

The D1 scale indicates that AUD/CAD is in a slightly bullish regime. With a resistance zone at 0.72891 possible level of retracement. This can lead to a possible retracement and a slightly bearish dynamics. There is the possibility of a channel figure pattern with the 0.69077 area as support zone. The Hidden Markov Analysis and the RSI are coherent with the bullish regime.

Forecast evaluation

To give an evaluation of the possible movements of the cross it is utilized the Hidden Markov indicator techniques.
With the combination of the price lines and the stochastic Hidden Markov Processes are indicated two possible forecast value.
  1. The forecast value in the bearish regime is valued at 0.69077.
  2. The forecast is valued in the bullish regime is considered at 0.72891.

Forecast
Considering the slope of the trends, the key level price and the possible retracement the forecast price level can be indicated as 0.72891.

Figure 1 describes in a W1 chart the trendlines and the key price levels.




Figure 2 exhibits the hypothetical path and the forecast value

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