Activity

  
Avatar

USDchf may consolidating

At quarterly(3-months period) chart we can see that first quarter of 2013 build bullish engoulfing with preovius candle. The next candle, which hasn't closed yet, looks like doji. That shows us that present quarter (from 01th april to today's 30th may) at this moment is consolidating. Different picture is showing at one-week time frame, where candles are bearish. last week build strong shooting star at higher line of rising channel. this candle has closed deep in body of previous week. In this…
Читать
Перевести на Английский Показать оригинал
Avatar

AUD/NZD will be continuing decline

at 1Month chart we can see Head&shoulder pattern with shoulders almost at the same lvl 1.325.neck line was broken, also price break previous low (from august 2011) making lower low now. Price have space to falling almost 1000pips in next few months .At 1W chart we can see that price broke down from falling channel.But stochastic oscillator is suggesting that market is oversold and need to take a breath before next decline.Also candle from this week built bullish pin-bar.That's why i think that e…
Читать
Перевести на Английский Показать оригинал