Technical_AnalystZAR

Technical_AnalystZAR

USDZAR saw a strong surge of bearish movement this past week, which almost had me thinking price would crash to 17 points. Let us keep in mind that the overall trend for this pair is bullish. Here we observe that price is rejecting local support 18.4. H4 structure is not clear at the moment but from my experience, I predict a bullish flag which will break out...

Technical_AnalystZAR

AUDNZD flirting with crucial support. Bearish movement is weak, we anticipate bullish movement from here. Inverse h&s confirming bullish movement.

Technical_AnalystZAR

New Strategy. Previous day lows broken and price retested 50% fib. This is a bearish signal. Sell overbought GBPCAD to nearest support 1.71000.

Technical_AnalystZAR

Sell USDCAD now at resistance 1.33800 to support at 1.31000. Double top on resistance of main structure bearish flag.

Technical_AnalystZAR

FX:CADJPY Technical Analysis. CADJPY trading just below 50% Fib Zone of current structure which looks like a formation of double bottom (W). Technically, price should retest 50% Fib Zone then drop just below 0%. From here, we can anticipate a bullish retracement to the upside beyond 110.00.

Technical_AnalystZAR

Price trading on resistance of a bearish flag and double top. Anticipating long awaited bearish movement from here.

Technical_AnalystZAR

EURGBP retesting what seems to be the neckline of a double bottom. Bullish flag on H1 indicative of possibe bullish momentum.

Technical_AnalystZAR

Technical Analysis for German stocks. Head and Shoulder on the resistance indicative of possible bearish surge.

Technical_AnalystZAR

Now would be a favourable time to short GOLD. As gold looks to retest 1960 resistance after a recent break and visit to 1890. DXY looking to gain strength in the next few weeks. USDJPY, USDZAR and USDCAD will observe some gains while GBPUSD & EURUSD will look to fall to relevant supports respectively.

Technical_AnalystZAR

Technical Analysis for GBPJPY. Price trading at the resistance of bearish channel. Head and Shoulder pattern seems to be forming on H4. I would like to see price drop from here for the rest of the month.

Technical_AnalystZAR

Technical Analysis for GBPJPY. Price trading at the resistance of bearish channel. Head and Shoulder pattern seems to be forming on H4. I would like to see price drop from here for the rest of the month.

Technical_AnalystZAR

Technical Idea: GBPCAD. Price at the summit of the channel. We anticipate price drop past the support.

Technical_AnalystZAR

Technical Analysis for GBPAUD. Last week there was a breakout on the channel, yesterday it was retested. We are likely to observe price drop hard from here after being heavily overbought.

Technical_AnalystZAR

Technical Idea for GBPUSD. Pair seems to be forming some sort of head and shoulder pattern on H1 & H4 and a bearish flag seems to be forming on the right shoulder. Patiently wait for a price rise to around 1.22850. From here I see a continuation to the downside following AUDUSD & NZDUSD.

Technical_AnalystZAR

Technical Analysis] A double top seems to be forming inside this bearish channel, I'd like to see price drop heavily from here.

Technical_AnalystZAR

Technical Analysis] Head & Shoulder patter forming on small timeframe. Technically price should rise till at least 132.600.

Technical_AnalystZAR

Technical analysis for GBPJPY. Price retouches resistance for a 3rd time and will likely fall from y here.

Technical_AnalystZAR

Our technical idea for AUDUSD. Pair has been steadily climbing and has reached a strong resistance. We are anticipation a monthly pullback from here.