AJ has broken the floor of rising trend and the decesive break of the support at 85.9 indicates a further fall. The currency has support point at 81.600 and resistance points at 85.900 The RSI is oversold and this indicates a further fall at first The pair is technically assessed as negative for the short medium term.
Analysis explanation EJ is bouncing between a rectangle formation at 134 and 132. A decisive break thought one of these level indicates the new direction of the trend RSI diverge again price signalling a negative development The currency has support points at 123 and resistant points at 134 The currency is technically assessed as negative for the medium long...
DAX shows a strong development within a rising trend channel. The 135 has been meet after the break out of the 127, A further negative development is indicated, and there is resistance against the ceiling of the trend channel. The index is approaching the support at points 129, a breakout thought may give a negative reaction. The index has resistance point...
XAUUSD shows a strong development within a rising trend channel. A further positive development is indicated, and there is support against the floor of the trend channel. The index is approaching the resistance at points 130, a breakout thought may give a positive reaction. Overall assessed as technically positive for the medium long term. Very much...
NOTES ON THE CHART
USDCAD has risen up towards the ceiling of the falling trend channel. A continued raise may be expected and the current price level may be a good entry price above the 1.28 Has had a strong fall after the negative signal from a rectangle formation at the break down through the support at 1.32. The objective at 1.28 is now met, further development in the same...
NOTES ON THE CHART
EURUSD has broken the neck of a Head & shoulder pattern and the decisive break of the support at 117, indicates a new fall. The pair has support at points 112 and resistance at points 120. The currency is generally evaluated as technically bearish in the medium term.
NOTES ON THE CHART Very Much Appreciate your Likes and Commends Trade Safely
NOTES ON THE CHART Very Much Appreciate your Likes and Commends Trade Safely
NOTES ON THE CHART Very Much Appreciate your Likes and Commends Trade Safely
Notes on the chart Very Much Appreciate your Likes and Commends Trade Safely
NOTES ON THE CHART Very Much Appreciate your Likes and Commends Trade Safely
NOTES ON THE CHART Very Much Appreciate your Likes and Commends Trade Safely
NOTES ON THE CHART Very Much Appreciate your Likes and Commends Trade Safely
Analysis Explanation The Nasdaq Omx Group has rejected the 77.80 resistance level In addition, the price has now broken the floor of the rising trend towards the floor of the trend channel, which should give a reaction up. Has reacted back after the break of the rectangle formation. There is support around 72.59, which now indicates good buying...