Thursday, 22 September 2016


EURGBP,H4
SHORT TERM TECHNICAL ANALYSIS

The pair is now reacting to a small pink trendline support marked X and a 21 Simple moving average support. Close below X can lead price into immediate support zone marked P around 0.85593. Close below P may lead price into around  0.85218 support zone marked S. Close above R disqualifies the setup.


Wednesday, 21 September 2016


NZDCHF DAILY
TECHNICAL ANALYSIS

 The pair has continuously reacted off the resistance zone around 0.72235 marked R. It is now reacting to a 21 Simple Moving Average support. Close below the pink trendline marked X can lead price into support zone around 0.70027 marked A which is the same zone as the pink trendline T. Close below T may lead price into the larger support zone marked P around 0.66987


Sunday, 11 September 2016


NZDCAD,H4
SHORT TERM TECHNICAL ANALYSIS


The price is now reacting to a 21 Simple Moving Average support. A close below the blue trendline T can lead price into support zone around 0.94880 marked S.