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Analysis on EUR/USD, Date: 3 September, 12:00 GMT

The Descending Triangle chart pattern imaging a clear bearish signal.
Currency Pair: EUR/USD.
Time Duration: 30th July- 3rd September.
Time Frame: 1day,1 week.
Price Forecast: 1.14520-1.18770.
Predict Trend: Bearish.
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XAU/USD Technical Analysis (Bullish Wave)

XAU/USD Technical Analysis
Date: 13-Dec-2017
Current price: 1252.70
Expected price at 1-Feb-2018: 1395.050

Daily Chart Analysis:
1- Candlestick Pattern Analysis:
Bullish:
-
Bearish:
-
2- Elliott Wave Analysis:
Minor Degree - Impulse Wave: ( 9-Jul-17 - 9-Feb-18 )
(B) 09.07.2017 1204.832
(1) 07.09.2017 1357.498
(2) 28.12.2017 1224.460
(3) 19.01.2018 1420.087
(4) 30.01.2018 1391.050
(5) 10.02.2018 1402.190
Weekly Chart Analysis:
1- Candlestick Pattern Analysis:
Bullish:
-…
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EUR/USD Technical Analysis (Bullish Wave)

EUR/USD Technical Analysis
Date: 09-Dec-2017
Current price: 1.17720
Expected price at 1-Feb-2018: 1.24673
Weekly Chart Analysis:
1- Candlestick Pattern Analysis:
Bullish:
-
Bearish:
Harami ( Sep-03 )
Spinning Top ( Sep-03 )
2- Elliott Wave Analysis:
Minor Degree - ABC Correction Wave: ( Sep-08 - Nov-07 )
(5) 03.09.2017 1.20923
(A) 01.10.2017 1.16692
(B) 08.10.2017 1.18797
(C) 05.11.2017 1.15539
Minor Degree - Impulse ( Nov-07 - Mar-07 )
(C) 05.11.2017 1.15539
(1) …
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Current chart setup

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GBP/USD - Prediction for 3rd October

Tools Used
  • Horizontal and vertical lines
  • Support and resistance lines
  • Chart Pattern

Weekly Chart
The price is in a strong downward movement. Much as there is no significant chart patterns to be identified, its no doubt the price is going to continue in a downward trend though at the moment it seems to be heading for a ranging formation.

Daily Chart
Much as the price shows possibility of forming a ranging market, there are more reason in support for a strong downward movement. My prediction is
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wmndave avatar
wmndave 16 Aug.

yap

wmndave avatar
wmndave 19 Aug.

thanks so much

GUANYINDIZI avatar

i don't think so, LOL
above 130

wmndave avatar
wmndave 26 Aug.

GUANYINDIZI wait for oct 3rd :)

Cristobal avatar
Cristobal 31 Aug.

Ok !

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AUD/JPY - Prediction for 3rd October Tools Used

Tools Used
  • horizontal and vertical lines
  • Support and resistance lines
  • Chart Pattern

Weekly Chart
On the weekly chart, the chart is showing a strong downward movement. It alittle confusing at the moment the direction the price is likely to move because well as the price is downward channel, its just retracing from major support and resistance. But provided the price does not form a reversal pattern i would stay bearish on the pair.

Daily Chart

The daily chart shows the continuation of the …
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massimoscalas avatar

OK.

wmndave avatar
wmndave 19 Aug.

thanks

Cristobal avatar
Cristobal 31 Aug.

Best !

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GBP/AUD- Prediction for October 3rd

Tools Used
  • Horizontal and vertical lines
  • Support and resistance lines
  • Chart Pattern

Weekly Chart
The weekly chart shows a strong movement to the downside. However much the price is at a major support level, the momentum seems high enough to penetrate passed it.

Daily Chart
The daily chart bears no difference with the weekly chart. The price shows a strong momentum to the downside. There are no patterns i can identify with the pair. My prediction is 1.55719
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massimoscalas avatar

simple job, good job!

wmndave avatar
wmndave 19 Aug.

thanks for your support guys

Cristobal avatar
Cristobal 31 Aug.

good job!

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EURGBP- Prediction for 3rd October

Tools Used
  • Horizontal and vertical lines
  • Support and resistance lines
  • Chart Pattern

Weekly Chart
The price shows strong movement to the upper side. There are no pattern to be identified. The price is likely to move up to the support, break it, retrace back to the support, then continue to the upside.

Daily Chart
From the daily and the weekly chart, i can be confident to draw my conclusion of an upward movement. My prediction for 3rd oct is 0.88820

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Elens94 avatar
Elens94 14 Aug.

good

massimoscalas avatar

very good

wmndave avatar
wmndave 19 Aug.

ya, its a nice set up

Cristobal avatar
Cristobal 31 Aug.

Nice !

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NZD/USD - Prediction for 3rd October

Tools Used
  • Horizontal and vertical lines
  • Support and resistance lines
  • Chart Pattern

Weekly Chart
The chart shows a movement to the upward direction. The price is in an upward channel chart pattern. At the moment it at a retracement from both the major support level and the upper ward channel line

Daily Chart
On the daily chart we see a upward channel with multiple support and resistance level. The price is most like to move down to the second trend next to it and the continue in the upward moveme…
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Cristobal avatar
Cristobal 31 Aug.

Gudluck !

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Free tool for JForex

Hi every one
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could be useful in your trading
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