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PipSafe
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NZD/USD since 11.07.2014 was in a strong and without reformation downtrend that shows the certainty of the sellers in achieving the predetermined goals. Sellers during this downtrend were successful in achieving the lowest price of 0.76056.Price during the Increase by reaching to the Down Trendline(made of 3 top prices)also the R1-WP has been stopped from more ascending and right now some of the buyers by reaching to these resistance levels started to cash their trades. According to the formed price movements in H4 time frame, there is a Bat harmonic pattern between the top price of 0.78701 and the recent ascending that by completing the D point of this pattern ,there is a warning about stopping of ascending of the price.Stoch indicator in 4H time frame is in saturation buy area and with the next cycle warns about descending of price during the next candles, but because of lack of coordination with the daily time frame is not much valid.Given the current situation of price, the best confirmations for ascending and reformation of price is the price should break Down Trendline and pass it.
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AUD/USD had a strong and without reformation descending trend during the recent weeks and could record the bottom price of 0.82295.As it is obvious in the picture below, the price has been stopped by reaching to the supportive line which is made of 2 bottom prices and has recorded the bottom price of 0.82295 on this line (Spinning Top Pattern). According to the strong downfall of price from the top price of 0.93921, it seems that the price is saturation sell area and there is the possibility of price reformation. As it is obvious in the picture below, there is AB=CD harmonic pattern with ratios of 78.6 and 127.2 between the bottom price of 0.82295 and the top price of 0.975442 that warns changing price direction from D point.Stoch indicator is in saturation sell area and confirms the harmonic D point and potential for ascending of the price.The first warning for ascending in this currency pair is breaking of the Resistance level of 0.833727.Generally until the Support level of 0.82295 on supportive line is preserved, the price has the potential for reformation and ascends in this currency pair.
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CHF/JPY was in a strong ascending trend and without reformation that could record the top price of 124.567 which is the next nearest resistance level of this currency pair.This currency pair by reaching to the obstacle such as the Fibonacci level of 2.24 (resistance level) and the round price level of 124.500 has been stopped from more ascend that shows buyers used this price level to exit their trades. Currently in daily time frame with formation of Dark Cloud Cover candlestick pattern (the failure of buyers in reaching to the higher prices) price has been stopped from more ascending and there is a possibility of formation of a top price and finally descending of the price.As it is obvious in the picture below, between the bottom price of 111.214 and the top price of 124.567 there is ABC harmonic pattern with the Fibonacci ratio 2.24 that warns about descending of the price.RSI indicator in this time frame and in Weekly time frame is in saturation buy area and in divergence mode with the price chart that warns about the potential of changing price direction and a price reformation.
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EUR/USD chart has experienced a strong descending trend during the recent Days that could record the bottom price of 1.22486.as it is obvious in the picture below , price has been stopped from more descending with reaching to the Up Trendline( made of 2 bottom prices) and has formed a bottom price.As it is obvious in the picture below between the top price of 1.25993 and the bottom price of 1.22486, there is an ideal AB=CD harmonic pattern with the ratios of 61.8 and 161.8 that with completion of the D point (also formation of Crab pattern in CD wave), there is a potential for ascending of price.RSI indicator is in saturation Sell area and in divergence mode with the price chart in H4 time frame that confirms the price level of 1.22486 and warns changing price direction during the next candles.Generally until the price level of 1.22486 is preserved, price will have the potential for reformation and ascending.
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AUD/CAD in recent weeks, has been experienced many reformation with a gradual Downward trend that sellers were successful in obtaining the lowest price of 0.95000.price with reaching to the supportive level which is shown in the picture below( the important round level of 0.95000) has stopped from more descend( sellers used this level to exit their trades) and with formation of a bottom price(Hammer Pattern) in daily time frame has prepared a field for ascending of price. according to the recent descend the daily candle in previous day was appeared as Hammer candlestick pattern that shows failure of sellers in reaching to the lower prices that for confirmation it needs closing of a bullish candle.RSI indicator is in saturation sell area in daily time frame and in divergence mode with the price chart that warns about changing price direction during the next days.One of the important or the first warnings for increasing of is breaking of resistance level of 0.95738( top level of price changes in the previous daily candle).
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EUR/GBP during the recent days was in a strong and consistent Downtrend that sellers were successful in achieving the lowest price of 0.78317.Right now price in long time frames such as monthly and weekly is above 5-day moving average and warns about price increase in long period of time.As it is obvious in the picture below, price during the descending has touched the Up Trendline (made of 4 bottom prices) and also the S3(WP) level of 0.78317, stoped of more downtrend and on the whole there is possibility of formation of a bottom price and changing price direction. As it is obvious in the picture below, there is a harmonic Gartley pattern between the bottom price of 0.78317 and the top price of 0.80374 that there is a potential for changing price direction from D point of this pattern.Stoch indicator is in saturation sell area that confirms the current bottom price and warns about ascending of price during the next candles.Generally until the mentioned bottom price on the Up Trendline is preserved, the price has the potential for reformation and ascending in this currency pair.
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USD/RUB was in a strong and consistent uptrend during the recent months that buyers were successful in achieving the highest price of 54.90925.Right now in long term time frames such as monthly ,weekly and daily there is not any clear reason for increasing of the price and price with being above 5-day moving average in monthly, weekly and daily time frames warns about increasing of price during the next candles.According to the formed price movements in the chart, between the bottom price of 41.206726 and top price of 54.909252 ,there is AB=CD harmonic pattern with ideal ratios of 50 and 200 that with completion of the D point there will be a warning for descending of price. Stoch indicator is in saturation buy area and in divergence mode with the price chart confirms the mentioned top price and warns about changing price direction.In the range of the D point, there are Hanging Man and spinning top candlestick pattern which is not a good sign for the buyers that there is the possibility for formation of a top price.Please note that Currently There is no clear and important sign(in daily and weekly TF) for descending of the price and the least sign for price reformation and increasing of the price is formation of a top price in daily time frame.
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As it is mentioned in previous technical analysis of this metal in 17.11.2014, according to the symbols that were formed in the chart, it was possible that the price in this metal decreases and finally it happened(max=1220.872). Price during the downfall with reaching to the Up Trendline(made of 2 bottom prices) and support level (R=S) of Andrews’ Pitchfork has stopped from more descend and has formed a bottom price(Hammer patterns) in the level of 1132.765. As it is obvious in the picture below, price with formation of AB=CD harmonic pattern with ideal ratios of 76.8 and 127.2 has prepared the field for ascending of the price from bottom price of 1132.765 that finally happened.RSI indicator in weekly time frame is in saturation sell area and in divergence mode with the price chart that with the next cycle confirms the current bottom price and warns about the potential of ascending during the next candles.The first important warning for descending of the price is breaking of Up Trendline. Generally until the bottom price of 1132.765 is preserved, there is the possibility of increase and ascend of price. Gold Chart 2014.12.02
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AUD/NZD from the top price of 1.13021 was in a strong descending trend without reformation that could record the bottom price of 1.07615.As it is obvious in the picture below, price during the descending has touched the Up Trendline (made of 3 bottom prices) and also the s1(pw)of 1.07685 and has created the hammer candlestick pattern. Closing of the bullish candle after this pattern will confirm it and warns about ascending of price.According the general ascending trend and not observing a clear technical reason for ascending of price in long term time frames such as monthly and weekly, if the price level of 1.07615 breaks, the price will have the potential of reaching to the support range in this currency pair. s2(wp)1.06988 s3(wp)1.05781 obvious in the picture below, between the bottom price of 1.07615 and the top price of 1.13021 there is ABC harmonic pattern with the ratio 161.8 that by completing the end point of this pattern, there will be a warning for forming of a bottom price.Generally the first sign for ascending of the price is formation of a bottom price and recording of it in daily time frame.
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EUR/USD during the recent month was in a strong downtrend that sellers were successful in achieving the lowest price of 1.23600.According to the formed price movements in the chart, there is a Gartley harmonic pattern between the bottom price of 1.23600 and top price of 1.26000 that warns about descending of the price.Currently according to the condition of this currency pair and its strong downtrend in recent months, price is in saturation sell area and warns about a slight reformation in weekly time frame. Right now, the price is trying to the green supportive level to reform itself and then start its ascending movement, but because of the pressure of the selling and powerful descending trend(Down trendline + harmonic pattern), this try has not been successful yet. The least sign for ascending of price is formation of a bottom price and recording of it in H4 and daily time frames.
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AUD/CAD chart has experienced a strong descending trend during the recent days that could record the bottom price of 0.95684.As it is obvious in the picture below, the price has been stopped from more descending by reaching to the supportive level (made of two bottom prices) and by creating a bottom price(Spinning top and Harami candlestick pattern) in this saturation area starts to ascend which shows the potential for ascending in this currency pair. As it is obvious in the picture below, between the top price of 0.99849 and the bottom price of 0.95684, there is a butterfly harmonic pattern that with completion of the D point there will be a warning for increasing of the price.Stoch indicator is in saturation sell area and confirms the D point of this pattern by the next cycle and warns about the potential of ascending of the price during the next days.Generally until the price level of 0.95684 is preserved, the price has the potential for ascending and reformation.
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GBP/USD from 2014.07.15 had a strong descending trend with little reformation that shows the decision of sellers in reaching to the long term targets. This currency pair during its movement could record the low price of 1.56000.The price by reaching to the psychic level of 1.56000 could not pass it and retreated which the usage ability of this level can be seen in 1H time frame. As it is obvious in the picture below, between the top price of 1.65293 and the bottom price of 1.56000, there is AB=CD harmonic pattern with the ratios of 50 and 161.8 that the D point of this pattern is completed and warns about ascending of the price.RSI indicator confirms the mentioned bottom price and it is in saturation sell area and also by being in divergence mode with the price chart warns about the price changing direction.Please note that If price rises and buyers success one of the price targets would be down trendline(made of three top prices). Generally until the supportive level of 1.56000 is preserved , the price will have the potential for reformation of descending trend and reaching to the down trendline .
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EUR/CHF during the recent month was in a downtrend that sellers were successful in achieving the lowest price of 1.20090.With cashing of some sellers’ trades (formation of candlestick pattern such as Spinning top and Inverted Hammer in weekly time frame) the price ascends and currently with closing of bullish candle on 21th records the bottom price of 1.20090.As it is obvious in the picture below between the top price of 1.21766 and bottom price of 1.20090, there is AB=CD harmonic pattern with the ratios of 61.8 and 127.2 that warns about the potential for ascending of the price. RSI indicator is in saturation sell area and in divergence mode with the price chart in daily time frame that confirms the bottom price of 1.20090 and warns about changing price direction.Generally according to the formed signs in price chart, until the bottom price of 1.20090 is preserved; price will have the potential for increasing and ascend.
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USD/JPY during the recent weeks had a strong ascending trend and could record the top price of 119.000. Right now the mentioned top price is one of the most important and nearest resistance level in front of the price that by breaking of it, the price finds the potential to reach the important resistance level of 119.340 or 120.900 .Price has been stopped from more ascend by reaching to the round resistance level of 119.000(the reason for some buyers to exit their trades) and by making a top price (Shooting Star) in daily time frame has started to reform. According to the formed price movements in the chart, between the bottom price of 101.061 and top price of 119.000,there is AB=CD harmonic pattern with ideal ratios of 50 and 200 that with completion of the D point there will be a warning for descending of price.Stoch indicator in daily time frame is in saturation buy area and in divergence mode with the price chart that warns about the potential of descending during the next candles. One of the important warnings for decreasing of is breaking of supportive level of 117.345 (Low level of price changes in the previous daily candle).
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CHF/JPY during the recent weeks was in a strong and consistent uptrend that buyers were successful in achieving the highest price of 124.145. Price has been stopped from more ascend by reaching to the specified resistance levels(made of 2 peak prices) in the picture below and with exit of some buyers from their trades , the Shooting Star candlestick patterns have been created. These candles shows vulnerability and indecision market in ascending or descending of price that for confirmation it needs closing of a bearish candle. As it is obvious in the picture below, there is a Shark harmonic pattern between the bottom price of 111.231 and top price of 124.145 that warns the price downfall from the D point of this pattern and has been prevented from more increase till now. According to the strong and consistent uptrend, Stoch indicator is in saturation buy area and in divergence mode with the price chart that confirms the created top price and warns about the potential of changing price direction. Generally according to the technical signs in the price chart, until the top price of 124.145 is preserved; there is the potential for descending and price reformation in this currency pair.
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USD/SGD during the recent week was in a strong and consistent uptrend that buyers were successful in achieving the highest price of 1.31003.Right now price by reaching the R2 WPP and also by creating a peak price in 4H time frame has been stopped from more ascend. By forming a Hanging Man and engulfing candlestick pattern in mentioned top price, there is a potential for creating a top price and then descending. As it is obvious in the picture below, there is a deep crab harmonic pattern between the bottom price of 1.28640 and the top price of 1.31003 that there is a potential for changing price direction from D point of this pattern.Ao indicator is in divergence mode with the price chart that confirms the current top price and warns about descending of price during the next candles.Generally until the top price level of 1.31003 is preserved, price will have the potential for reformation and descending. Technical Analysis of USD/SGD Dates 2014.11.20 USD/SGD Technical Analysis
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GBP/NZD during the recent days had a descending trend that could record the bottom price of 1.96181. as it is obvious in the picture below, the price by reaching to the long term ascending trend line ( made of 4 bottom prices)has been stopped and the sellers were unable to pass this support line. According to the formed price movements in the chart, there is a Gartley harmonic pattern between the bottom price of 1.96181 and top price of 2.10508 that warns about ascending of the price with completion of this pattern ending point. Stoch indicator is in saturation sell area in daily time frame that confirms the harmonic D point and warns about changing price direction during the next candles. Generally according to the formed signs in price chart, until the bottom price of 1.96181 is preserved, there is a potential for reformation and ascending of the price in this currency pair. Technical Analysis of GBP/NZD Dates 2014.11.19 GBP/NZD Technical Analysis
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GBP/USD during the recent week was in a strong and consistent downtrend that sellers were successful in achieving the lowest price of 1.55900.Right now price in long time frames such as monthly, weekly and daily is under 5-day moving average and warns about price increase in long period of time. As it is obvious in the picture below, price during the descending has touched the round supportive level of 1.56000 and has created the hammer candlestick pattern(in daily time frame). According to the formed price movements in the chart, between the top price of 1.65229 and bottom price of 1.55900,there is AB=CD harmonic pattern with none- ideal ratios of 50 and 161.8 (also at CD wave there us another pattern with ratios of 38.2 and 2.24) that with completion of the D point there will be a warning for ascending of price. As it is obvious in the picture below, Stoch indicator is in saturation sell area and warns about ascending of the price during the next candles.
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Gold had a strong and without reformation descending trend during the recent weeks and could record the bottom price of 1132.099 .According to the strong downfall of price from the top price of 1344.995, it seems that the price is saturation sell area and there is the possibility of price reformation.In weekly time frame with the types of price movements in previous week, hammer candle stick pattern has appeared that warns the formation of a bottom price and the failure of sellers in reaching to the lower prices. As it is obvious in the picture below, there is butterfly harmonic pattern between the top price of 1433.090 and the bottom price of 1132.099 that there is a potential for ceasing of price from D point of this pattern.Generally according to the recent strong descending trend until the bottom price of 1132.099 is preserved, there is the potential for price reformation in this chart.
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EUR/NZD during the recent days was in a strong and consistent down trend that sellers were successful in achieving the lowest price of 1.57211 .Price has been stopped from more descending with reaching to the up trend line made of 2 supportive points (some sellers used these levels to leave their trades) during descending . As it is obvious in the picture below, there is Gartley harmonic pattern between the top price of 1.64425 and the bottom price of 1.57211 that there is a potential for ceasing of price from D point of this pattern. Stoch indicator is in saturation sell area in daily time frame that warns the potential of formation of a bottom price and a little price reformation in this range. Generally according to the current situation of the price chart in daily time frame until the third point of up trend line is preserved, the price will have the potential to ascend and pass the mentioned bottom price.
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(GBPCHF)Price since the end of 2013 till now was in strong and consistent uptrend with a little price reformation and buyers were successful in achieving the highest price of 1.55441 .Price has formed a top price with reaching to the specified support levels in the picture below and it has stopped from more ascend and has started a little descend with shows exit of some buyers from their trades.In weekly time frame with formation of Evening star candlestick pattern in previous candles, there is a warning for formation of a top price and vulnerability of uptrend. As it is obvious in the picture below, there is AB=CD harmonic pattern with ratios of 61.8 and 161.8 between top price of 1.55441 and the bottom price of 1.40389 that warns about changing price direction from the D point of this pattern. Stoch indicator is in saturation sell area follows the top price of 1.55441 and warns the possibility of descend during the next candles. Generally according to the technical signs in the price chart until the mentioned Resistance levels are preserved, the price has the potential to decrease and descend.
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EUR/USD chart has experienced a strong descending trend during the recent months that could record the bottom price of 1.23573.According to the recent strong descending, price is in saturation sell area and there is the potential for ascending and price reformation.As it is obvious in the picture below, there is a none harmonic butterfly pattern between the bottom price of 1.23573 and the top price of 1.28854 that there is a potential for changing price direction from D point of this pattern. Stoch indicator is in saturation sell area and confirms the D point of this pattern by the next cycle and warns about the potential of ascending of the price during the next candles. Generally until the price level of 1.23573 is preserved, the price has the potential for ascending and reformation.
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Silver was in a strong and consistent descending trend during the recent month that sellers during this descending trend were successful in achieving the lowest price level of 15.042.In weekly time frame the previous week candle was closed as a Hammer candlestick pattern that shows the indecision for ascending or descending. If this pattern confirms, there will be the potential for changing price direction. According to the formed movements in the chart, there is AB=CD harmonic pattern with ideal ratios of 50 and 200 between top price of 25.087 and the bottom price of 15.042 that warns about changing price direction from the D point(Morning Star Candlestick Pattern) of this pattern.RSI indicator in daily time frame is in saturation sell area and also it is in divergence mode with the price chart that warns the potential for ascending of the price during the next candles. Generally until the price level of 15.042 is preserved, the price has the potential for ascending and reformation.
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NZD/USD was in a strong and consistent descending trend that sellers during this descending trend were successful in achieving the lowest price level of 0.76596.Currently in 1H time frame with formation of Morning star(with 2 stars) (the failure of sellers in reaching to the lower prices) price has been stopped from more descending and there is a possibility of formation of a bottom price and finally ascending of the price. As it is obvious in the picture below between the top price of 0.80323 and the bottom price of 0.76596, there is a none ideal AB=CD harmonic pattern with the ratios of 78.6 and 161.8 that with completion of the D point (also formation of other AB=CD (78.6=127.2) pattern in CD wave), there is a potential for ascending of price.Generally according to the current situation, until the bottom price of 0.76596 is preserved, there is the potential for ascending of price and reformation of descending trend.
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AUD/USD during the recent days was in a strong and consistent downtrend that sellers were successful in achieving the lowest price of 0.85529.Right now price in long time frames such as monthly and daily is under 5-day moving average and warns about price decrease in long period of time. As it is obvious in the picture below, there is a harmonic butterfly pattern between the bottom price of 0.85529 and the top price of 0.89109 that there is a potential for changing price direction from D point of this pattern. Stoch indicator is in saturation sell area follows the bottom price of 0.85529 and warns the possibility of ascending during the next days.Generally until the bottom price of 0.85529 is preserved, the price has the potential for ascending in this currency pair. Technical Analysis of AUD/USD Dates 2014.11.06