Thread: Technical Analysis

USDZAR

USDZAR is currently rallying around 16.80368. On the 1 Hour Chart , the previous candle closed below the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active Down trend . USDZAR is currently in a range, not going above the previous day's highest high 16.8555,or the previous day's lowest low 16.65729.

EURTRY


While we continue to see a sustained move above 0 we expect a surge much Higher with an Ideal Target at 0. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit

EURZAR


EURZAR is currently rallying around 19.09479. On the 1 Hour Chart , the previous candle closed above the previous 52 Period Exponential Moving Average.
This is a possible Indication that we are in an active up trend . EURZAR is currently in a range, not going above the previous day's highest high 19.1225,or the previous day's lowest low 18.9177.

GBPAUD


GBPAUD is currently rallying around 1.79991. On the 1 Hour Chart , the previous candle closed below the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is below the previous day's Lowest Low 1.80408.

GBPCAD


While we continue to see a sustained move below 1.70766 we expect a surge much lower with an Ideal Target at 1.58744. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.57362

GBPCHF


While we continue to see a sustained move below 1.18179 we expect a surge much lower with an Ideal Target at 1.11004. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.11004

GBPDKK


GBPDKK is currently rallying around 8.2004. On the 1 Hour Chart , the previous candle closed below the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is above the previous day's Lowest Low.

GBPJPY


While we continue to see a sustained move below 134.589 we expect a surge much lower with an Ideal Target at 126.125. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 122.757

GBPNOK


GBPNOK is currently rallying around 11.8055. On the 1 Hour Chart , the previous candle closed below the previous 52 Period Exponential Moving Average.
This is a possible Indication that we are in an active Down trend . This trend is supported by the fact that the price is above the previous day's Lowest Low

GBPNZD


GBPNZD is currently rallying around 1.91703. On the 1 Hour Chart , the previous candle closed below the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active Down trend . GBPNZD is currently in a range, not going above the previous day's highest high 1.92692,or the previous day's lowest low 1.91417.