Technical Analysis 10-June-2019

Technical_Analysis

GOLD

The price was on the way to the channel toward to the upper line of channel, although  hit the resistance and returned. We are currently expecting this back lower line of channel, which is 61.8 to 78.6 percent of  previous moves until 1306.

Technical_Analysis

EURUSD

The price on its way broken its upper line of pattern and is moving in a new channel. It is now struggling to resist and is falling. And it seems to be the bottom of the channel is plotted. Based on this, it is possible to start the upward movement by approaching the lower line  of the channel, which coincides with the top of the previous pattern .

Technical_Analysis

USDJPY

The price of the double-headed pattern has been shaped. Simultaneously, the floor of this pattern is adjacent to the pattern of the triangle in the weekly interval. We expect to return and the climb scenario from now on.

Technical_Analysis

GBPUSD

The price, as seen, has a divergence in the daily time frame and has returned from its bottom. This move is now scheduled on the channel. The best strategy is short on the floor and sales on the upper line of channel .

Technical_Analysis

USDCAD

The price, as seen, has broken its trend line after a long time. We are currently expecting a rebounding price to move toward the trend line and collapse it after another collapse.

Technical_Analysis

NZDUSD

The price has formed a triple top  pattern as seen in the daily time frame. After the formation of this pattern, a recurring pattern emerging on the channel is moving. We expect this bullish move to 0.6700 and 0.6770 .

Technical_Analysis

AUDUSD

The price in the channel is plotted moving toward the upper line of channel. Right now there is a resistance on it. If this resistance is broken, you can enter the long position.

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