Finance Attitude - Technical Analysis AUDCHF (2018-03-02)

Technical Analysis - AUDCHF (2018-03-02)

AUDCHF price has recently broken strong support and went down after retrenchment. We can see from the Daily chart that now the price is on a very strong support level. Previously this price went up from this area for more than six times after getting the rejection. If now this pair gets the rejection from this level, hopefully, it will go up near to resistance. The Weekly chart also shows the same. The price now might go up to the resistance level.  

Full ArticleFri Mar 2, 2018 8:40pm EST
Finance Attitude - Technical Analysis EURUSD (2018-03-02)

Technical Analysis – EURUSD (2018-03-02)

EURUSD pair previously has created a double top in the Daily timeframe and has broken its neckline. Now, this price is in the retrenchment phase of the neckline. After retrenchment, if it gives the bearish sign, it might go down. At the H4 chart, we can see that the pair has broken the trend line and it is now retesting the resistance. Hopefully, the price will go down after getting the bearish sign in the retesting area.  

Full ArticleFri Mar 2, 2018 8:35pm EST


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Finance Attitude - Technical Analysis EURJPY (2018-02-28)

Technical Analysis – EURJPY (2018-02-28)

EURJPY pair is on the uptrend for a long time. The pair previously created a range. It got some rejection from the range support and went up. Recently it has broken the downside (support) of this range. Now the price can go down if it has retrenchment and gets the bearish sign from there. The pair might go down to the next support (We have marked on the picture). Now we have to wait for the retrenchment.  

Full ArticleWed Feb 28, 2018 7:55pm EST
Finance Attitude - Technical Analysis CADJPY (2018-02-28)

Technical Analysis – CADJPY (2018-02-28)

In the Daily pattern, CADJPY pair is now on very strong resistance becomes support level. Previously the price went up from this area after getting barrier. Now the price is trying to break the support level. If it cannot break the support, the price might go up after getting the bullish sign. Or if this price breaks this support, then it can go down near to the next support (We have marked on the picture) after retrenchment. But it needs to get the bearish sign to go down. Now we need to wait for the price that if it breaks the support or not.  

Full ArticleWed Feb 28, 2018 7:50pm EST
Finance Attitude - Technical Analysis GBPCHF (2018-02-28)

Technical Analysis - GBPCHF (2018-02-28)

GBPCHF is now following the uptrend in the Daily chart. Recently it went down and got barrier at a support level. We can see that previously the pair got a rejection from this area and went up. This time also the price got a rejection in the same area. Now we can hope that the price will go up. The H4 chart also says that the price might go up. If we look closely at the H4 pattern, the price has created a small range, and it was moving within the range, from resistance to support and support to resistance. Now the price is on a support level and also got a rejection. It can go up from there.  

Full ArticleWed Feb 28, 2018 7:45pm EST
Finance Attitude - Technical Analysis AUDNZD (2018-02-28)

Technical Analysis – AUDNZD (2018-02-28)

AUDNZD pair was following the downward trend. Recently it has broken the downside of the trend and created a Head and Shoulder pattern (from the H4 time frame). It has also broken the neckline. Now if the price retests the neckline and gets a bullish candlestick confirmation, the price might go up. Moreover, in the Weekly timeframe of AUDNZD, the price has started an upward trend. Now it is on a support level. If the pair gets a bullish sign from the support, it might go up.  

Full ArticleWed Feb 28, 2018 7:40pm EST
Finance Attitude - Technical Analysis GBPCAD (2018-02-28)

Technical Analysis – GBPCAD (2018-02-28)

GBPCAD price had created a Head and Shoulder pattern and went down (in the Weekly chart). Recently this pair Has created a range. It was moving from support to resistance and resistance to support. At present, the pair is on the resistance level. Hopefully, it will go down to the support level. Besides, in the Daily chart, we can notice the pair previously created an inverse Head and shoulder pattern and went up. Now, this price is now on a strong resistance level.  Now the price might go down if it gets a rejection from there.  

Full ArticleWed Feb 28, 2018 7:35pm EST
Finance Attitude – Technical Analysis EURCAD (2018-02-26)

Technical Analysis - EURCAD (2018-02-26)

EURCAD pair is following the uptrend for a long time. It has created an uptrend. From the Daily chart we can see that recently, this price has broken a resistance level. We can also notice trendline support there. Previously, the p[rice was going up after getting the rejection from the trend support. As the price has broken this resistance, it may go more up after retesting the resistance. There is a trend line in the H4 time frame as well. The price has gone up a several times after getting a rejection from the trend support. At present this pair is on the trend support. We can see that it got a rejection there. The pair might go up from there.  

Full ArticleMon Feb 26, 2018 11:50pm EST
Finance Attitude – Technical Analysis NZDCAD (2018-02-26)

Technical Analysis – NZDCAD (2018-02-26)

NZDCAD is now following the uptrend. From the Daily pattern, at present, the price is on a retesting phase after breaking the previous support. This support can work as support again. So, we can now hope that the price will go up. Besides, at the H4 chart, the price is now on strong support. It may have a retrenchment there. After retrenchment, if it gets a bullish sign, hopefully, the pair will go up.    

Full ArticleMon Feb 26, 2018 11:45pm EST
Finance Attitude – Technical Analysis EURGBP (2018-02-26)

Technical Analysis - EURGBP (2018-02-26)

In the Daily chart of EURGBP, we can see a long-term range of this price. The price is going down after giving bearish sign from the range resistance. It may go down the support level. If it breaks this new support, the price can go to the channel support level. If we have a look at the Weekly chart of EURGBP price, we can notice that at present the price is on a small resistance become support level. Now the price is going down. We can see strong support at price 0.8320. Hopefully, the pair will go down to this support.  

Full ArticleMon Feb 26, 2018 11:40pm EST