Forex Technical Analysis

[bernanke]

3 Mac 2011

EUR / USD during the day: the upward movement will prevail.
Devaluation level): 1.38
We prefer: long positions in 1381 with course objectives at 1:39 & 1.3965.
Alternative scenario: at 1:38, we expect further downward movements with 1374 & 1.3705 as price targets.
Technical Analysis Comment: the RSI is mixed to bullish.

USD / CAD in the course of the day: the downward movement will prevail.
Devaluation level): 0975
We prefer: short positions in 0975 with expanded course objectives at 0.9705 and 0.9685.
Alternative scenario: about 0975, we expect further upside with 0.9775 & 0.9815 movements as price targets.
Technical Analysis Comment: the RSI is mixed with a bearish trend.

USD / JPY during the day: inversion.
Devaluation level): 81.55
We prefer: sales positions at 81.6 with price targets on 82.1 & 82.3.
Alternative scenario: below 81.55, we expect further downward movements with 81.3 & 81.1 as price targets.
Technical Analysis Comment: the RSI is mixed to bullish.

AUD / USD during the day: the upward movement will prevail.
Devaluation level): 1,012
We prefer: long positions of 1012 with expanded course objectives at 1:02 & 1,023.
Alternative scenario: in 1012 we expect further downward movements with 1.0088 & 1006 as price targets.
Technical Analysis Comment: the RSI went on a break of the bearish trend line.

GBP / USD during the day: the upward movement will prevail.
Devaluation level): 1.6275
We prefer: long positions at 1.6285 with target price of 1635 & 1639.
Alternative scenario: below 1.6275, we expect further downward movements with 1.6245 & 1621 as price targets.
Technical Analysis Comment: the RSI is mixed with a bullish trend.

EUR / JPY during the day: the trend remains bullish.
Devaluation level): 113.15
We prefer: buy positions at 113.22 with price targets on 113.8 & 114th
Alternative scenario: below 113.15, we expect further downward movements with 112.9 and 112.5 as price targets.
Technical Analysis Comment: the RSI is supported by a bullish trend line.

 

[bernanke]

EUR / USD during the day: the upward movement will prevail.
Devaluation level): 1.4125
We prefer: long positions at 1.4135 with target price of 1422 & 1425.
Alternative scenario: below 1.4125, we expect further downward movements with 1405 & 1.4 as price targets.
Technical Analysis Comment: the RSI is mixed with a bullish trend.

USD / CAD in the course of the day: the downward movement will prevail.
Devaluation level): 0978
We prefer: short positions in 0978 with expanded course objectives at 0973 & 0.9705.
Alternative scenario: about 0978, we expect further upside movements with 0.98 & 0982 as price targets.
Technical Analysis Comment: the RSI is capped by a declining trend line.

USD / JPY during the day: under pressure.
Devaluation level): 81.4
We prefer: sales positions at 81.35 with a target price to 80.65 & 80.25.
Alternative scenario: more than 81.4, we expect further upside movements with 82 and 82.4 as price targets.
Technical Analysis Comment: the RSI is mixed to bearish.

AUD / USD during the day: the upward movement will prevail.
Devaluation level): 1,016
We prefer: long positions of 1016 with expanded course objectives at 1.0255 and 1.03.
Alternative scenario: in 1016 we expect further downward movements with 1,012 and 1.0075 as price targets.
Technical Analysis Comment: the RSI is supported by a rising trend line.

GBP / USD during the day: under pressure.
Devaluation level): 1.6175
We prefer: short positions at 1.6165 with target price at 1.6065 & 1603.
Alternative scenario: above 1.6175, we expect further upside movements with 1.6215 & 1627 as price targets.
Technical Analysis Comment: the RSI is mixed to bearish.

EUR / JPY intraday: bullish tendency of 114.25.
Devaluation level): 114.25
We prefer: long positions in target price to 114.32 with 115.25 and 115.6.
Alternative scenario: below 114.25, we expect further downward movements with 113.55 & 112.9 as price targets.
Technical Analysis Comment: the RSI went on a break of the bearish trend line.

 

[alex22]

hi

eur cad

Given the structure of the chart in H4 time frame, the price is in uptrend mode and simultaneously we are observing an inverted AB=CD pattern. between Jan. 4th to Jan. 11th the time will be fulfilled and we are expecting to see the price rose if the positive hidden divergence (+HD) happened and also demand in the pair increased.

 

[alex22]

gbp aud

in H4 time frame the price is in an uptrend and simultaneously we are observing a non-ideal shark pattern. given the time fulfillment we expect to have the price climbed if Positive Hidden Divergence (+HD) happened.

 

[robert11]

hi

h4- rd-

 

[alex22]

usd jpy h1

pattern wolfi wave - ab=cd

 

[alex22]

nzd jpy

daily pattern bat other for h4 rd-

 

[alex22]

usd jpy h1

pattern wolfi wave - ab=cd

result :

 

[alex22]

result :

result :

 

[alex22]

gbp jpy

time weekly

pattern: alt bat