EUR/USD expected to moving high a little bit next week touching the trend line then based on the price action we can anticipate if the next month for EUR will be BUY OR SELL
CAD will going down while it find a resist on the mentioned level
If we are looking for monthly chart , we will fin the pair has saturation in uptrend. Moreover, pair in the weekly has been resisted and not moving too much, then. We are expecting the pair will moving down for the next week. if you have a look on the H4 chart , pair find a good resistance level with good price action react.
CAD/CHF inclined to go short based on the below notes: Monthly Chart: Price looks in range and not on control whether with Bear or Bull. Weekly Chart : Price Failed to break 0.75350 level on the week hitting the price twice weakly. H4 Chart : there are a head and shoulder formulated in past and seems the price will bearish zone soon. Note: we have to waiting a...
GBP/NZD inclined to going short aggressively in the current week based on the below notes. Monthly Chart: Doji formulated and the month started with NZD's bull takes the control. Weekly Chart: Price shows a losing bull power and price start slips down. H4 Chart: Prices break a good resistance line as shown in the Chart.
NZD/USD inclined to going up by next week based on the below notes: - Monthly Chart : Price gain a good support on the 0.62600 level pushing the price UP. - Weekly Chart : DOJI candle on the last week failed to reverse the price direction. - 4 Hours Chart : Head and shoulder formulation has been completed waiting the price break 0.64500 level.
EUR/GBP Has been rejected strongly 3 times on 0.92000 levels. If the next 2 month price close under the trend line. expected the price fall down to 0.77000 area. Note: Long Term Trades has to consider the fundamental news and the country politics and economic overall while its the main drive for the long term movement. the above expected move will happen in...
EUR/JPY inclined to going up based on the below notes . - Monthly Chart :good support pushing the price up from 119.350 level. - Weekly Chart :bear momentum loss and bull start to take an action on the last week pushing the price to move up nicely. - 4 Hours Chart : Up trend channel + down trend has been breaking, putting the price in position to go up.