fdeltenr

fdeltenr

Copper has broken its hourly ascending support over night (red line), pattern matching algorithms highlights different bullish scenarios. Price is strongly protected from sellers by the major daily support (dotted grey)

fdeltenr Updated 

Pattern matching prediction recommend to sell. EUR USD is currently blocked by a very strong support (daily and weekly). All predictions confirms a short term bullish trend to 1.05 (@the minimum)

fdeltenr

For the 2 next weeks, all pattern matching algorihms predict uptrend on crude oil, the price is currently driven by 2 strong ascending support in hourly and daily.

fdeltenr

Gold has recently broken its daily descending resistance ending its bearish phase. The price is now evolving on its hourly ascending support line (in red)

fdeltenr

GBP/USD has currently hit its major daily support line (in black) , the currency is now rising on its hourly ascending support line (in red) . The probability that the price continue to rise until the daily resistance (black) is very high. In case the ascending hourly support is break, the major daily support is still there to block any downtrend.

fdeltenr

1H trend (delimited by red resistance and support) will encounter the 1D main descending support line in the coming hours. The gold price is helped by the 1H trend and can break the descending resistance in the coming hours. This can definitively abort the bearish trend of Gold.

fdeltenr

Oil failed to break its 1H resistance (in dotted red), the price will return to the 1H ascending support and more than probably rebound on it after that. Any break of the ascending support will have oil return back to the 1D ascending support (in black).

fdeltenr

Double top + descending support hit and not break = Downtrend in the coming days

fdeltenr

AUD/CHF is drawing a double top in daily, RSI decrease slowly and confirms buyers are resigned and currency will become bearish

fdeltenr

USD TRY is currently into an horizontal triangle. The break of the support line will initiate a bearish impulse to the main support (blue line) if the support is break a more important bearish trend can born

fdeltenr Updated 

$DD is arriving at the end of an important triangle delimited by its major resistance (in red) and its major support. The break of the resistance or the support will occur soon and will be follow by a strong bullish or strong bearish phase. RSI is for the moment more in favor of a break of the resistance followed by a bullish phase.

fdeltenr

After 1 year of neutral trend, RSI and Willam %R seems to wake-up on EDF. This is maybe the first signs of a major uptrend on this french energy stock. The more rash investor like me can enter the trade now (with a perspective of 40% return) . For a more secure trade it is better to wait the break of the descending support line

fdeltenr Updated 

Our algorithm has detected a strong bearish signal on EUR/GBP. The currency has developed an interresting head and shoulders figure over the last 6 months. The caracteristics of the pattern are excellent and give to the figure 94% of success with an expected gain of more than 7%.

fdeltenr

CAD/JPY has failed to break the 88.6 resistance and has drawn a triple bottom, RSI and Willam%R are decreasing slowly menaing the sellers are winning the battle against the buyers

fdeltenr

USD/JPY has failed 2 times to break the 118.5 resistance. Historicaly this resistance is very strong and difficult to break for USDJPY. In addition, the currency has drawn a double top exactly on this resistance and the RSI and William%R are decreasing which confirms buyers are now resigned and sellers are winning the battle. USDJPY should then enter in a bearish...

fdeltenr Updated 

Intel Coporation ($INTC) is currently drawing a perfect Cup and handle figure. The drawing is like in analysis theory book. In addition RSI and William %R fully validate the figure. A minimum of +4% is expected.

fdeltenr

After having test the major resistance of the 0.775 a 4th time in 2 years, the price failed again to break it. CAD/CHF will now become bearish for 1 or 2 months. First target is 0.74.

fdeltenr

USD/MXN has traced a double top after the very strong uptrend initiated by Trump election. The buyers seems now resigned as shown by RSI and William%R . The bearish trend will probably accelerate in the coming days. Algorithm predict a downtrend of approximately 5% with a probability of 78%.