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TA201712_01 BRENT May Rise above 65

CHART1 TimeFrame: Monthly
INDICATORS: Fibonacci Expansion, Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA60(Magenta)
In Monthly chart, 3 facts are obvious:
1.1) From point of time window, the rising may last another 1 month, rising swing since Feb. last 5 months, this rising swing since Jun last only 4 months till now.
1.2) Since Feb. in every rising swing, notable bullish candles’ number are respectively 4, 4, 3. There may be another notable bullish candle for this swing.
1.3) MACD DIF is r…
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TA201712_04 EURCAD Need Retest Weekly SMA60 before Rise

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In weekly chart, 3 facts are obvious:
1.1) SMA60 and SMA120 are above SMA250, but SMA60 crossed down SMA120, it is not perfect bullish arrangement.
1.2) The candle of 2017-11-27 has a long upper shadow when it rise to BBAND’s upper rail, the resistance is obvious.
1.3) Time window is not open yet, I look at the left side of the chart, there may be a “V” pa…
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TA201712_02 XAUUSD May Drop to W SMA120 and Rebound

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In weekly chart, 3 facts are obvious:
1.1) SMA60 and SMA120 are below SMA250, although SMA60 is above SMA120, but it is dropping. So, from the MAs, the information is that bear power exceeds bull power.
1.2) The candle combination of 2017-09-04 and 2017-09-11 is a bearish combination. And candle at 2017-10-16 also shows the same information.
1.3) But MACD …
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TA201712_03 XAGUSD May Drop to 15.092 and Rebound

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden), Channel line (Green)
In weekly chart, 3 facts are obvious:
1.1) SMA60 and SMA120 are below SMA250, although SMA60 is above SMA120, but it is dropping. So, from the MAs, the information is that bear power exceeds bull power.
1.2) The candle combination of 2017-09-04 and 2017-09-11 is a bearish combination. And candle at 2017-10-16 also shows the same infor…
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TA201712_05 GBPCHF May Rise to 1.3464 then Retrace

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In weekly chart, 2 facts are obvious:
1.1) SMA60/120/250 are in bearish arrangement, but SMA60 started rising. The bull power is not strong enough to support rising sharply.
1.2) Previous low price 1.3414, Fibonacci Retracements 61.8% level 1.3464 and SMA120 are clustered, they may act as resistance.
My prediction from Weekly chart are:
1.3) I take Fibonac…
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TA201712_06 NZDUSD May Drop to Monthly BB Lower Rail

CHART1 TimeFrame: Monthly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In monthly chart, 4 facts are obvious:
1.1) The drop from 2014-07 to 2015-08 is very long and sharp, the adjustment till 2017-07 is composed of 5 waves, now it is time to resume down-trend.
1.2) In 2017-10, the bearish candle broke BBAND’s middle rail decisively, middle rail is nearly at middle of the candle.
1.3) Till now, the BBAND’s lower rail is risin…
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TA201712_07 USDCHF May Rise above 1.018 then Retrace

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In weekly chart, 3 facts are obvious:
1.1) SMA60/120/250 are in bullish arrangement, MACD DIF crossed 0-Axis, it is up-trend.
1.2) The up-trend since 2017-09-11 is very strong, the adjustment is only one short bearish candle.
1.3) There is strong resistance near the upper shadow of 2017-03-06, 1.01703.
My predictions from Weekly chart are:
1.4) High price …
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TA201712_08 USDJPY May Rise above 118 then Retrace

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In weekly char, I estimate target price with the reverse price pattern between 2016-02-08 and 2016-03-07, because they are similar: Rising from solid bottom or dropping from solid top.
Close Price of 2016-02-01 116.817
Open Price of 2016-03-07 is 113.920
Close Price of 2016-03-07 is 113.838
Close Price of 2017-10-23 is 113.673
Calculations are as follows:
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TA201712_09 GBPJPY May Rise to weekly SMA250

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden), Fibonacci Expansion
In weekly chart, 2 facts are obvious:
1.1) SMA60/120/250 are in bearish arrangement, but SMA60 is rising. It may be a up-trend with retracements.
1.2) MACD DIF has been above 0-Axis since 2017-05-01, up to now it is half a year, DIF was pulled down towards 0-Axis for two times, but it refuse to come under 0-Axis, bull trend is strong. …
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TA201712_10 GBPAUD May Rise above weekly SMA120

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden), Channel Lines(Green)
In weekly chart, 3 facts are obvious:
1.1) SMA60/120/250 are in mixed arrangement, but SMA60 is rising and it supports the price.
1.2) MACD DIF is above 0-Axis but it is still weak.
1.3) Recently the price was limited in channel lines, and it is a upper channel.
My predictions from Weekly chart are:
1.4) After it reaches upper rail of…
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TA201712_11 CADJPY May Test weekly SMA120 and Rise

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden)
In weekly chart, 2 facts are obvious:
1.1) SMA60/120/250 are in mixed arrangement, but SMA60 is rising and it may cross up SMA120 soon.
1.2) MACD DIF has crossed down DEA, it may drop continuously is above 0-Axis but it is still weak.
My predictions from Weekly chart are:
1.3) After it reaches middle rail of channel, it may rebound in daily level, but it m…
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TA201712_12 GBPUSD May Rise above Weekly SMA120

CHART1 TimeFrame: Weekly
INDICATORS: Time Marker, MACD(12,26,9), BBAND(25,2,2,SMA), SMA10(Blue), SMA60(Magenta), SMA120(Blue), SMA250(Golden), Fibonacci Expansion
In weekly chart, 2 facts are obvious:
1.1) SMA60/120/250 are in bearish arrangement, but SMA60 may start rising and SAM25 support price well.
1.2) From the candles after prices reached SMA25, bullish power is strong.
My predictions from Weekly chart are:
1.3) It may rise continuously until SMA120, after that, it may retrace.
1.4) Then …
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