Dear Colleagues, from the daily chart we see that the prices are inside a upward channel, but from the monthly chart we expect a little retracement. So beginning of March I expect that the price will go down until aobut 1.515.
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AUDCAD Forecast
Dear Colleagues,
the prices for AUD CAD are in a range of a tringle (see daily chart). It should be inside for other several days, but I expect that they will break the resistance and will go down until 0.95 for the beginning of March.
the prices for AUD CAD are in a range of a tringle (see daily chart). It should be inside for other several days, but I expect that they will break the resistance and will go down until 0.95 for the beginning of March.
EURAUD Buy
Dear Colleagues, my view on EurAud is long after a little retracement which is in progress.My target for the first days of January is 1.48.
AUD/USD Forecast
This currency has just broken the resistance of the rectangle in figure 1 and it is going up.In my view this will continue until the black resistance at 0.9660 which will be the level around the first days of November.
EURAUD Forecast
Dear Collegues,as we can see from the monthly chart the EURAUD is overbought, this means that I expect a retracement in the next weeks.From the daily chart we can see a double max, the retracement shoiuld arrive around 1.4390 at the beginning of October.