Activity

  
Avatar

AUDJPY to travel in the channel

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI and Stochastic Fast Indicator
AUDJPY Weekly Chart
The pair has started the year 2017 on a strong note and has reached from 84.27 to 85.81 at the time of writing this post.
AUDJPY Daily Chart
The pair is obviously in an uptrend but the recent price action suggests a correction which is occurring in the form of a channel formation. I expect this correction to continue until the end of Februa…
Read full story
Translate to English Show original
Avatar

AUDUSD making Head and Shoulder on Daily chart

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Rectangle
AUDUSD Weekly Chart
  • The MACD on the weekly chart has entered the positive zone. The histogram suggests the buyers taking control of the market.
  • The RSI is almost vertical and headed high and shows the strength of the pair.
Read full story
Translate to English Show original
Avatar

EURJPY will struggle to go higher

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Rectangle
EURJPY Weekly Chart
  • The MACD on the weekly chart has entered the positive zone. The histogram suggests the buyers taking control of the market.
  • The RSI is turning down.
  • The Stochastics is headed South.
Read full story
Translate to English Show original
Avatar

EURUSD will rise in february

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Rectangle
EURUSD Weekly Chart
  • The MACD on the weekly chart has entered the negative zone. The histogram suggests the buyers taking control of the market.
  • The RSI is almost vertical and headed high and shows the strength of the pair.
Read full story
Translate to English Show original
Avatar

NZDJPY will fall in coming days

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, ellipse and other chart objects.
NZDJPY Daily Chart
  • The MACD on the weekly chart is downward. The histogram suggests that sellers are in control.
  • The RSI is headed down and shows the weakness of the pair.
  • The Stochastics is also pointing downwards.
Read full story
Translate to English Show original
Avatar

USDJPY will be under pressure

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Rectangle
USDJPY Weekly Chart
  • The MACD on the weekly chart has entered the positive zone. The histogram suggests the mixed scenario as the histogram is positive but MACD is falling.
  • The RSI is at 57.19 and headed downward.
  • The Stochastics is headed South.
Read full story
Translate to English Show original
Avatar

GBPUSD will be flying in february

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator.
GBPUSD Weekly Chart
  • The MACD on the weekly chart is in the negative zone and rising. The histogram suggests the buyers taking control of the market.
  • The RSI is moving up.
  • The Stochastics is turning up.
Read full story
Translate to English Show original
Avatar

USDCHF will be under pressure

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
USDCHF Weekly Chart
  • The MACD on the weekly chart is in positive zone but falling. The histogram suggests the sellers taking control of the market.
  • The RSI is headed downward.
  • The Stochastics is also headed South.
Read full story
Translate to English Show original
Avatar

AUDCAD may resume its downtrend

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
AUDCAD Weekly Chart
  • The MACD on the weekly chart is in negative zone. The histogram suggests the buyers taking control of the market.
  • The RSI is rising.
  • The Stochastics is also rising.
Read full story
Translate to English Show original
Avatar

AUDCHF may travel in the symmetrical triangle

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
AUDCHF Weekly Chart
  • The MACD on the weekly chart is in positive territory. The histogram is flat.
  • The RSI is rising.
  • The Stochastics is headed North.
Read full story
Translate to English Show original
Avatar

AUDNZD may gain in coming days

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
AUDNZD Weekly Chart
  • The MACD on the weekly chart is in the negative zone.
  • The RSI is rising.
  • The Stochastics is headed North.
Read full story
Translate to English Show original
Avatar

AUDSGD may reach 1.0900 levels

Technical Tools
Resistance and support lines, Trend lines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
AUDSGD Weekly Chart

  • The MACD on the weekly chart is in the positive zone and rising.
  • The RSI is rising.
  • The Stochastics is headed North.
Read full story
Translate to English Show original