hprotein

hprotein Updated 

As described previously, GBPAUD drop due to the action from BOE has been partially recovered. However the recovery is not yet into the previous 1-hour level central region. (1.7543 and 1.7489) We can see a new 15-min level central region is formed, and current price is showing a sign of escaping this region upwards, we need to wait and see if it will manage to...

hprotein

Due to the fact that BOE cut the rate to 0.5 with asset buying plan, GBPAUD managed to leave previous 1-hour central region downwards (yellow region in the graph of 1.7543 and 1.7489. A rebound (5-min level up trend and reversal of 15-min downtrend exhaust) was seen since 16th August. However, if it can not reach back to previous 1-hour yellow region (lower...

hprotein Updated 

In big picture, we seem to just finished a 1-hour level down trend, proved by the newly formed 1-hour level central region developed above latest bottom on the 11th July at 08:00 It seems that the GBP was leaving the 1-hour central region with a type-III buy signal at 21st July 12:00. However that 5-min level trend ended up dead after seeing the15-min level...

hprotein

CHAN theory: on 15-min level, comparison between the two vertical region on price fall (with MACD in assistance), we conclude that it's likely to see a short term reverse of gold price fall. However, if the reverse can't break back into the previously formed 15-min central region (1333.8 and 1326.9), we should be expecting the continuous 15-min level downwards...

hprotein

fundamental: price crashed from ~170 after brexit and an followed profit warning on Monday. It now recovered to 134 high and pulled back to 118 as of writing this analysis. FOXTON is one of the top real estate agents in the UK, it will be largely affected by the housing market. While the long term effect of the brexit on the housing market is yet known. I...

hprotein

Follow up from previous idea. As seen in the chart there should be a short term drop of price. case A & B: this is the bull case, if the down turn doesn't fallback into previous massive 2-hour level central region. We are expecting the current 30-min up trend to resume. case C: this will be the bouncing case, where we fallback onto the 2-hour level central...

hprotein

on a daily data frequency chart, the central region lays between 1.9 and 1.85 (formed from 23rd Mar to 29th Mar, price movement were going up and down around this range up util now.) The two vertical regions together with MACD matches current situation after brexit. clear pull back up of price from 11th July towards the central region again. There are two price...

hprotein

on 30m frequency, technical analysis using the CHAN theory: comparing the two vertical region, the first drop is very much stronger than current one. While the "central region" in the middle is holding current movement of price. This concludes that the downward momentum has been depleted, and it should favour upwards movement. technical analysis using MA: MA34,...