Finance Attitude - Technical Analysis USDCAD (2018-03-07)

Technical Analysis – USDCAD (2018-03-07)

In the Daily timeframe of USDCAD, we can see that the pair has recently started an uptrend. Now it is in a resistance area. We can notice from the chart that the price has previously broken this resistance area. If the price again successfully breaks this upside of the area, the price might go up to the previous support level, which will be now working as a resistance.  

Full ArticleWed Mar 7, 2018 7:50pm EST
Finance Attitude - Technical Analysis - AUDCAD (2018-03-07)

Technical Analysis - AUDCAD (2018-03-07)

AUDCAD is now following the uptrend of the market. At present, the price is going up after breaking a resistance level. The price can go for a retrenchment very soon. After retrenchment, the price might go up from the resistance become support area. Besides, in the H4 pattern, this pair has just broken a very strong resistance level and went up. Now the price may go for a retrenchment of the resistance and continue the uptrend.  

Full ArticleWed Mar 7, 2018 7:45pm EST


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Finance Attitude - Technical Analysis - GBPCAD (2018-03-07)

Technical Analysis - GBPCAD (2018-03-07)

GBPCAD price was in a down wave for a long time, but now it has started an uptrend as we can notice in the Weekly chart. Now the price is going for breaking the neckline of the triple top (we have marked on the picture), but this is not confirmed because the weekly candle is still running and the price is now on a resistance level. We have to wait for a fresh high after breaking the neckline. Then the pair might go up after retrenchment or retest. The Daily chart also shows us that the price is going up. Hopefully, it will break the neckline of the triple top.  

Full ArticleWed Mar 7, 2018 7:40pm EST
Finance Attitude - Technical Analysis – EURNZD (2018-03-07)

Technical Analysis – EURNZD (2018-03-07)

EURNZD price is now on a resistance area (from the Daily pattern). The price might go down from that area. We can notice a small trendline below (we have marked on the picture), the price might break this trend line and go more down to the next support area. On the other hand, if the price breaks the upside of the resistance and go for a retrenchment, then the resistance will become support and the price may continue its uptrend (in the Weekly chart).  

Full ArticleWed Mar 7, 2018 7:35pm EST
Finance Attitude - Technical Analysis EURUSD (2018-03-05)

Technical Analysis – EURUSD (2018-03-05)

At H4 chart of EURUSD, we can notice a triple top. The price has already broken the neckline of the triple top, but this was a false break out. At present, the price is on a resistance level. If the price can break this resistance and have retrenchment, then the price might go up to the next resistance.  EURUSD pair is following the uptrend (from the Daily chart). Recently the price got rejected from a support level and going up. Now this price may go up to the resistance level.  

Full ArticleMon Mar 5, 2018 7:55pm EST
Finance Attitude - Technical Analysis EURGBP (2018-03-05)

Technical Analysis – EURGBP (2018-03-05)

We can notice a long-term range in the EURGBP Daily Time Frame. Recently, the price has broken the resistance of the range. Now the price may go up after retrenchment. But we need to wait for the bullish candlestick confirmation first. This pair has gone down before after getting the bearish sign in the range resistance for several times. If it is a false breakout and if the price again gives any bearish candlestick confirmation, then we can hope that the pair will go down back.  

Full ArticleMon Mar 5, 2018 7:50pm EST
Finance Attitude - Technical Analysis USDJPY (2018-03-05)

Technical Analysis – USDJPY (2018-03-05)

USDJPY has continued downward trend for a long time, and at present, the price is on a support level. The area we have marked on the picture is the previous support which can now work as resistance. If the price goes up to the resistance for retrenchment and gets the bearish sign, the price might go down. Again, if this pair successfully break this support level, the price might go down from there also. Besides, we can see from the Daily chart that this pair has broken a strong support level. There is another support below. Hopefully, this price will go to the next support.  

Full ArticleMon Mar 5, 2018 7:45pm EST
Finance Attitude - Technical Analysis AUDUSD (2018-03-05)

Technical Analysis – AUDUSD (2018-03-05)

AUDUSD price has broken a very strong support level. It has retested the neckline of the Head and Shoulder pattern (from the H4 chart). At present, the price has created a short range. If the price can successfully break this range, the price might go more down. Also, the pair is on a resistance level in the Daily chart. Previously the pair went down from this area. Hopefully, it will go down again.  

Full ArticleMon Mar 5, 2018 7:40pm EST
Finance Attitude - Technical Analysis GBPNZD (2018-03-05)

Technical Analysis – GBPNZD (2018-03-05)

GBPNZD pair is on an uptrend in the Weekly time frame. This price has broken the, and now it is on the retesting area. It has also given a bullish sign in the retesting area. We can hope the price will continuously go up from there. Besides at the Daily time frame, the price is following the uptrend, and now it is on a support level. Recently the price got bullish pressure from the support. Hopefully, the pair will go up from there.  

Full ArticleMon Mar 5, 2018 7:35pm EST
Finance Attitude - Technical Analysis USDCHF (2018-03-02)

Technical Analysis – USDCHF (2018-03-02)

USDCHF pair was following the uptrend. At present, the price is on a firm support level. Previously, this pair went up from this area. This time also the price might go up. As the pair has already got a rejection in the same area, now there is a possibility of the price to go up from there to the marked resistance area. If we look at the H4 timeframe of USDCHF, we can notice the same. After getting rejection/bullish sign, it might go up.  

Full ArticleFri Mar 2, 2018 8:45pm EST