This Week swiss france (CHF) make a new ATH ( all time high) after a long time at 141.886 due to economics performance in good term for CHF. However, after new ATH is created basically market will make balance back by drop significantly to not break the law of market which is price buyer and seller need to be balance. According to Keynes, Market will automatically...
AUDNZD BUY Reason = Double bottom at Small TF + continues pattern (Flag Pattern) TA has show that right now AUDNZD is strong on bull... on economics perspective Australia’s central bank flags more rate rises... with this will make a good impact on AUD currency. Moreover, lot more policy tightening ahead as rates were still “very low” and it was important that...
EURCAD DROP Reason = Double top + Engulfing From my view EURCAD will make temporary drop to gain back bull power before fly higher My advice just find nearest strong support/demand to take profit
AUDUSD - SELL NOW REASON = Divergence Awesome Oscilator + to complete Double bottom and HNS
Gold sell Reason = Complete retracement + Confirmation chartpattern (Double top) TP 1 = 1830 ( H1) TP 2 = 1819/1818 (H4) TP 3 = 1809 ( Daily) TP 4 = 1790 ( Daily) TP 5 - 1767 ( Weekly)
NZDCAD sell now Reason = double top and finish retracement NZDCAD will create new lower
Gold has show that it will continues the bullish pattern maybe till price 1997
Due to unstable economics will make Gold Volatile More and More due to Gov need to keep gold to Fight inflation that they face...
Based on economics, US is right now on a good stage of result if you can look on Employment rate is increase same with NFP so that show economy of US will growth faster and in a good mood of recovery from pandemic. So basically USD currency will increase same with US stock and US future index. So i estimate USD will grow more than CAD. Technical Analysis: Rally...
I estimate that Gold will rise above than $2.5K if conflict of Russian-Ukraine not solve due to theory of People will keep and hold the assest... Buy limit - 1930
My forecast for EURAUD is Bullish based on 5 type Technical Analysis strategy 1. Chart pattern - Medium Timeframe has show double bottom its sign to bounce back or bullish 2. Candle Pattern - Dominan break or 2 bullish candle break 1 big bearish candle 3. Trendline 4. Awesome Oscillator indicator - has show divergence that sign to pullback to the top 5. Support...
if we based on Technical analysis NZD will rise up to nearest strong Sell zone
Right now ripple on swing zone that will be dangerous for entry so if CS break swing zone...it will go to around 0.38 - 0.45 for second support zone.....
SELL ZONE: 137.563 - 137.776 TP1: 136.518 - 136.125 TP2: 135.056 TP3: 132.000 - 130.000