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SILVER MAY FALL TO LOWS

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
XAGUSD Weekly Chart
  • The MACD on the weekly chart is in the negative zone and rising.
  • The RSI is falling.
  • The Stochastics is falling.
  • The pair has closed the week below 50 periods SMA.
Keeping these facts in mind the pair may see a down move in coming weeks.
XAGUSD Daily Chart
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killer195175_reborn avatar

Update-1
The pair has been traveling very smoothly between the support and resistance lines of a symmetrical triangle. It has hit the resistance line last week at 17.35 levels. When the pair had hit the resistance line at 18.21 on 08 September then it had shed $1.89 and took support at 16.32 levels. This time if the same thing happens again, then the price may go to 15.46 levels. But there is a rising support line of the same symmetrical triangle at 15.65 levels which will support the price.

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CAD/CHF down reaching an important resistence area

Situation:
After the chf crash the price is in a range between two important support and resistence levels.
A resistence level has been hit, i'm expecting for the price to move lower, even if we had a retracement in the buyers direction.
Maybe another retest in the short term before a down move.
Expected rate: 0.7480
Weekly chart:
On the weekly chart i pointed out the main support and resistence levels
Daily chart:
On daily chart a possible scenario is described.
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Shuael avatar
Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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AUD/NZD long term range market, going down

Situation:
On the long term prospective, the price is trapped between a strong support and resistence level.
The price was rejected from those levels several times, as shown on the weekly chart.
My expectation is for the price to continue to move lower in the direction of the support level.
But first i expect i little retest of some short term resistence levels.
Expected rate: 1.060
Weekly chart:
On the weekly chart i pointed out the main support and resistence level
Daily chart:
A possible …
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Shuael avatar
Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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XAU/USD bouncing from the resistence level and heading down

Situation:
On the long term prospective the price is in a coomplex correction:
We had a bounce to the downside after the price tested the previous highs.
My expectation is for the price to move up and test a short term resistence level and then move to a nearby support level as shown on the daily and weekly chart.
Weekly chart:
Important levels are pointed out
Daily chart:
A possible scenario is described
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Shuael avatar
Shuael 28 Dec.

I used a wrong timeline, setted on the 20 of feb.

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GBPUSD consolidating in a down trending channel

GBPUSD is currently showing a sideways movement in a down channel. There are two possible outcomes from this scenario:
1. it breaks the upper channel line and begins a new up trend or
2. continues to move within the existing channel and goes further down
My opinion is the market will continue to go a bit lower, at least trying to test the blue channel line. Another good point of significant support level is the low of the large candle marked with a green rectangle.
Hope this view helps.
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EURUSD MAY SETTLE AT 1.1650

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Simple Moving Average and Stochastic Fast Indicator, Ellipse.
EURUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone.
  • The RSI is falling.
  • The Stochastics is turning down.
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GPB/USD Divergences on H4 and D1

GPB/USD has divergences on both H4 and D1, which is a perfect opportunity for selling this week.
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SGD/JPY prediction 1st of July

Weekly chart:
On the weekly chart i pointed out the main trendlines.
As you can see the price reacted with high bearish momentum after the price touched the trenline last time, for this reason i expect the price to move lower.
Daily chart:
On the daily chart i draw the possible scenario considering also supportzones which may affect the price.
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Shuael avatar
Shuael 30 June

Update: The price hit my target, thx to the Brexit, but it's now retracing , let's see what will happen tomorrow.

Shuael avatar
Shuael 1 July

Update: Price started to move slowly down, let's see where it will end up in 20 min

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NZD/USD prediction 1st of July

Weekly chart:
On the weekly chart i draw a "short -term" channel where the price is trading in.
I expect a retest of the upper trenlines, which is also the 61.8 fibo lvl.
From that point i expect the price to dropp lower.
Daily chart:
On the daily chart i draw the possible scenario considering the weekly analysis.
I also took in consideration the daily support zone market in blue
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NZD/JPY prediction 1st of July

Weekly chart:
On the weekly chart i draw a channel which the price is respecting right now.
As you can see the price is retesting the previous support level.
I expect the price to hit the trendline and move lower to the next support level.
Daily chart:
On the daily chart i just draw the possible scenario considering the weekly analysis
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