Marto_Jekko

Marto_Jekko Updated 

This shows classical charting for inverted cup or so called ascending scallop. Breaking below .68 support level might drop this to uncharted territory. Notice the drop in the volume and CCI is sinking lower which is sell signal as well. In addition the Australian economy is not doing well...

Marto_Jekko

OANDA:NATGASUSD is worth looking for.. Possible reversal from falling wadge

Marto_Jekko

The volume in this pair is going down and it might start developing bearish pattern in the next week or two.

Marto_Jekko

Obvious penetration of 9.043 level is coming. Let see is it going to last.

Marto_Jekko

For the first time since December 2015 the price is above ichimocu cloud for long on the 4 h chart. Next key level is 830

Marto_Jekko

Wait for Sweden election and today's NFP from US to come out with results and we might decide to short USDSEK due to the break of this bearish pennant.

Marto_Jekko

Looks like on W chart this could hit 109 level and if it brakes it is possible to sink to 100 and even below. Fib retracement shows that the price bounced from 0.5 level and might continue to fall.

Marto_Jekko

It looks like EURAUD tried to brake 1.62 area couple of times and was unsuccessful and now might happens again and return to lower support level of 1.50 even 1.48.

Marto_Jekko

GBPCAD might become a very good long opportunity if breaks above the pp of 1.72 and confirms it. Fibonachi shows possible 1.88 potential. Stay tuned for more updates...

Marto_Jekko

the price broke .5 fib level and the next one is .618. if it does not stop there (0.9624) next strong support is 0.948 area.

Marto_Jekko

Looks like this XPTUSD might gain some ground in the coming weeks. Looks like it hit serious support on 790 area and has potential to bounce back.

Marto_Jekko

EURNZD looks like is on a shorting zone until the fibo 0.5 where we can see potential bounce and starting long period.

Marto_Jekko

Just an idea what could happen.

Marto_Jekko

It will retract bouncing from resistance area. SL will be 85.7

Marto_Jekko

Looks like EURCAD is oversold and some retraction might occur to 1.534~ area where resistance is presented. Next step will be the bears taking control again and delivering the price to 1.47-1.49 area.

Marto_Jekko

Apparently there is downtrend on this pair within the upward channel. Target is on 1.47 area but if breaks trough the channel and goes under pivot point we might see 1.45 and then below 1.40 areas. With current fundamentals working for CAD (price of the oil, not good EU economy and some improvements in Canadian economy) it wont be surprising if we see 1.38 area...

Marto_Jekko Updated 

It hit once 10.00 I am assuming it will happen again. If brakes below 10.00 next level is 9.75

Marto_Jekko Updated 

EURCAD might deliver good profit if continue this trend to 1.5750.