NZDCHF LONG TRADENZDCHF completed AB= CD bearish pattern
Price rebounded from key level at 0.6218
RSI reached oversold region
MACD shows weakness in bearish momentum
It's expected for coming bullish movement to target the HVN at level 0.6328
then going upwards to cover the gap price near the key level at 0.6425
Crosses
EURGBP LONG TRADEEURGBP rebounded from demand zone at level 0.8388
Bullish movement is confirmed with engulfing candlestick pattern
On RSI price reached oversold region
MACD shows positive divergence
It's expected going up first towards HVN at level 0.8492 then target the supply zone at level 0.8585
CADJPY END OF CORRECTIONStrong bullish wave (A) ended at level 84.55
then corrective wave (B) occurred and rejected from major uptrendline and 78% Fibonacci level at 83.15
Price is supported on key level at 83.05
MACD shows bullish momentum
RSI broke downtrendline
It's expected for coming strong bullish wave (C) to target level 85.00
AUDCHF CHANGE IN DIRECTIONAUDCHF repected demand zone at level 0.6620
then broke downtrendline with strong bullish movement
Price is supported above Moving Average 100
Macd Shows positive momentum
HVN near the demand zone at level 0.6656 which shows that price is in accumulation phase
It's expected going up first towards the key level at 0.6731 then target the resistance zone at level 0.6812
EURAUD CUP AND HANDLE PATTERNStrong bullish wave ended at level 1.6288 then correction occurred at 61.8% Fibonacci level at 1.6088 forming cup and handle pattern
Price respected this key level several times
MACD shows bullish momentum
RSI broke downtrend
We r waiting that price break downtrendline and exceed the coming resistance level at 1.6175 for going long trade
In that case price will be above HVN which indicates that the accumulation phase has ended and the pair will start strong bullish wave
First target will be at the supply zone near level 1.6288
then second target will be towards key level 1.6425
GBPNZD SELL SETUPStrong bearish wave ended at level 1.9405 then correction occurred until level 38.2% Fibonacci level at 1.9774
Price is rejected from this level and break the corrective uptrendline
Below Moving Average 100
MACD shows negative divergence
RSI broke uptrend
Price is based below key level 1.9654 and HVN at level 1.9673
It's expected for coming bearish movement to target the level 1.9405
EURCAD REVERSAL FALLING WEDGEEURCAD respects strong demand zone at level 1.4494
Price break the key level at 1.4548
Above Moving Average 100
Pair formed reversal falling wedge
Break upper edge of wedge pattern
It's expected for the continuation of the current bullish movement to target the supply zone at level 1.4758
EURAUD CUP AND HANDLE PATTERNStrong bullish wave ended at level 1.6293 and then correction occurred until 61.8% Fibonacci level at 1.6088
Price respected this level and then going upwards
MACD shows bullish momentum
Price is above Moving Average 100
EURAUD is forming cup and handle pattern
we r waiting for price exceeding the resistance level at 1.6170 for targeting the supply zone near level 1.6293
AUDCHF lONG TRADEAUDCHF broke downtrendline after forming false breakout from demand zone level @ 0.6654
Price rested broken downtrenline and then pullback
we r waiting to exceed the coming resistance level @ 0.6700 for bullish setup
MACD shows bullish momentum
RSI is in uptrend
It's expected to target first HVN near level 0.6760
then target the resistance zone at level 0.6820
GBPCAD BULLISH SETUPGBPCAD is based on major uptrendline on h4
Price retested broken downtrendline on h1 and then reverse with strong bullish movement
Price is above Moving Average 100 and based above HVN at level 1.7065
RSI is in uptrend
It's to expected to target the 61.8% fibonacci level of bearish wave at level 1.7472