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Technical Analysis - Potential Trading Opportunities

EUR/SEK

The pair was in a descending trend for a long time and now has formed several bullish reversal signals. On the daily chart below there is a perfect Morning Star candlestick pattern.

eursek-daily.gif

Daily chart

On the H4 chart the Double Bottom appeared when the price couldn't go lower than the previous low. Now, after a short correction, the upside movement will continue.

eursek-h4.gif

H4 chart

More of eursek analysis.
 
GBP/USD

This pair pushed off the strong resistance level and is going down from now and on. See the daily chart below.

gbpusd-daily(2).gif

Daily chart

Some more gbpusd analysis.
 
EUR/SGD.

Bulls didn't have enough strength to break the resistance level on the daily chart and the Bearish Engulfing pattern was formed.

eursgd-daily.gif

Daily chart

On the H4 chart below another bearish pattern occurred - 3 Black Crows. No there is going to be a short upward correction but after that the pair will probably go down.

eursgd-h4.gif

H4 chart

More of eursgd analysis.
 
GBP/CAD.
Bulls look like exhausted and unable to pull this pair higher. There is the Bearish Advance Block pattern on the daily chart and the Rising Wedge on the H4 chart presented below.
A signal to sell will appear only when the price goes lower the support line of the wedge.

gbpcad-daily(2).gif

Daily chart

gbpcad-h4(2).gif

H4 chart

More of gbpcad analysis.
 
Salam, got ym or skype to discuss further on your setup?
 
Salam, got ym or skype to discuss further on your setup?
Hello, my skype is "client_is". If you have any questions or propositions, contact me. Or there is a Contact option on the website.


CHF/NOK.
Potential trading opportunity appeared on the daily chart - double bottom and bullsih engulfing. Supposed target - 6.09065.

chfnok-daily.gif

Daily chart

More of chfnok analysis.
 
EUR/NZD.
The price pushed off the support line with the Morning Star pattern and most probably will move higher.

eurnzd-h4.gif

H4 chart

See the full analysis of eurnzd.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.15246
USD / JPY
160.305
GBP / USD
1.33430
USD / CHF
0.79622
USD / CAD
1.39325
EUR / JPY
184.744
AUD / USD
0.70520
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