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GBP/NZD is falling inside a rising wedge

mrlfx Posted 14 Jan. as Analysis on GBP/NZD, Target: 1.8361, Date: 1st of March, 12:00 GMT  in #Technical analysis #GBP/NZD #Support And Resistance #Sma200 #Wedge Pattern #Sar #Stochastic #Waves Study #Adx9
GBP/NZD is falling inside a rising wedge. Its likely the pair will fall towards the lower line of the wedge formation.
Major Support and Resistant Levels are
1.9705
1.9022
1.8327
1.7895
1.7325
1.6927
1.6699
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mrlfx 20 Feb.

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mrlfx 20 Feb.

GBP/NZD is falling down and still bearish  as predicted but the pace of fall is slow because of the correction.

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USD/JPY likely to consolidate

mrlfx Posted 10 Oct. as Analysis on USD/JPY, Target: 108.76, Date: 1st of December, 12:00 GMT  in #Technical analysis #USD/JPY #Rsi 14 #Channel #Fibonacci Retracement Levels #Waves Study
USD/JPY is moving inside a channel. The pair is likely consolidating levels 114.35 and 107.75.
Major Fibonacci Retracement Levels are:
0% (118.42)
23.6% (114.35)
38.2% (111.82)
50% (10879)
61.8% (107.75)
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GBP/AUD is to test 1.652 level

mrlfx Posted 12 Sep.  in #Trader's blog #Support And Resistance #Waves Study #Reverse Wedge
GBP/AUD is likely to test resistant level of 1.6520. The pair was tracing a reverse wedge chart pattern and has break out.
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CAD/CHF is likely to fall

mrlfx Posted 5 Sep. as Analysis on CAD/CHF, Target: 0.7416, Date: 1st of November, 12:00 GMT  in #Technical analysis #CAD/CHF #Support And Resistance #Wedge Pattern #Waves Study
CAD/CHF is consolidating inside a contracting wedge. The pair is expected to fall towards the lower trendline of the wedge.
Major Support and Resistant Levels are
0.7955
0.7780
0.7570
0.7340
0.7105
0.7
6965
0.6805
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GBP/NZD is likely to rise

mrlfx Posted 1 Sep.  in #Trader's blog #Wedge Pattern #Waves Study
GBP/NZD is forming a reverse wedge pattern. The pair is currently consolidating but likely to rise upward. The pair if rise, will be moving inside the wedge formation instead of breachig it.
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GBP/JPY will likely break out

mrlfx Posted 27 July  in #Trader's blog #Ascending Triangle #Support And Resistance #Waves Study
GBP/JPY is currently tracing a ascending triangle pattern. The pair once breach the triangle could breakout and could test resistant level at 162.90.
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GBPAUD is likely to fall.

mrlfx Posted 27 June  in #Trader's blog #Support And Resistance #Waves Study
GBP/AUD is constrained by a falling triangle. Its likely to fall towards 1.618 support level. After which it will bounced back.
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USD/MXN is supported by the support level of 17.95

mrlfx Posted 15 June  in #Trader's blog #Support And Resistance #Range Box #Waves Study
USD/MXN is currently confined inside a range box of 19.16 level and 17.95 level. The pair is expected to bounced from 17.95 support level.
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GBP/CHF looks to retract

mrlfx Posted 13 June  in #Trader's blog #Support And Resistance #Waves Study
GBP/CHF is currently bearish because of british elections and has fallen quite a lot .But because of oversold situation, is likely to retract.
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AUD/NZD is likely to bounce back

mrlfx Posted 1 June as Analysis on AUD/NZD, Target: 1.0730, Date: 1st of August, 12:00 GMT  in #Technical analysis #AUD/NZD #Support/resistance #Wedge Pattern #Waves Study
AUD/NZD is testing support level at 1.0410 which is coincided with the rising trendline of the wedge pattern. The pair is expected to bounced and rise towards 1.1240 level.
Main Support and Resistant Levels are :
1.1240
1.1000
1.0730
1.0410
1.0250
1.0030
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