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DAX30 ABCD harmonic price pattern

Looking at the monthly and weekly chart of DAX30 it seems a bullish ABCD harmonic price pattern has formed. I would expect the price to rise up to the Fibonacci level of 1.618 reaching the previous area of supply back in 04.2015 which could whether turn into an area of demand making price push even higher or make the price fall once again. The pullback, at least temporary, would probably be more likely.
The price has already broken the weekly trend line and pulled back up to the previous areas…
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EUR/CAD regular bullish divergence

Looking at the monthly and weekly chart of EUR/CAD pair, it seems that it is at the previous area of supply back in 10.2010, 05.2011, 11.2011 and 12.2014 which turned into the strong area of demand back in 12.2015. After pushing higher and being strongly rejected it is ranging in this key area again with the possibility of a rise or a further downfall.
Looking at the daily chart the price is at the previous area of resistance which possibly might turn into an area of support with price bouncin…
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NZD/CHF bearish divergence

Looking at the monthly and weekly chart of NZD/CHF you can see that the price is currently at the previous demand area back in 12.2009 and 09.2010, which turned into area of supply in 04.2011, then back into area of demand in 11.2011 and 02.2014 and then back into area of supply in 03.2015. It seems like market is testing this area again.
There is a double top on the daily, showing the bullish momentum is running out of steam, as well as, the high test bar on a week starting 04.09 with the nex…
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Bearish AUD/USD

As of monthly AUD/USD chart, the currency pair is currently in the previous supply area which has been a previous demand area back in 05.2009 and 06.2010 with a high probability of a drop as it is bouncing off the trendline.
The daily chart is showing bearish signals with Fibonacci suggesting the price might be retesting the previous demand area, around price 0.69698, the Fibonacci level of 1.272. The stochastic indicator is overbought and it is showing diverg ence on a different time frames.…
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STOXX50 Exaggerated Bullish Divergence

Looking at the monthly chart you can currently see some indecision in the market represented by inside bars and a doji. The index has bounced back from previous support area with a monthly low test bar back in February and after a few months of consolidation the level has been retested once again in the month of June. The area has been the level of supply back in 11.2008 which turned into area of demand back in 07.2010, then back into area of supply in 03.2012 and area of demand in 07.2013 and 1…
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NZD/CAD Monthly head and shoulders pattern

Looking at the monthly chart you can see that inverse head and shoulders pattern has formed and the neckline has just been broken which is about to turn the previous area of supply into the area of demand. Even though stochastic seems to be close to being overbought, however it has not crossed the average yet, suggesting that the rally may not be over yet and since there is a lack of agreement in stochastic on different timeframes, I would not pay that much attention to it on this particular tim…
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