Technical Analysis 29-April-2019

Technical_Analysis

GOLD

Price in the way touched strong trend line (daily time frame)and goes to correction . we expect this correction continue until green trend line which is around 61.8% Fibonacci level too . Currently the expected target is 1294 USD.

Technical_Analysis

EURUSD

Price take place in wedge pattern and in according daily time frame is going to lower side of pattern. In this way we move in a blue drawn channel .We expect target price at 1.1050 .

Technical_Analysis

USDJPY

Price could not break out resistance level at 112.12 and went to correction . The expected target is lower line of channel .In this way we expect target at 111.10. We forecast after price touch Lower line of channel start a bullish movement .If price break out lower line of channel we can sell .

Technical_Analysis

GBPUSD

Price in the way touched Lower line of channel .This point is around lower line of another bearish channel you have opportunity for long position . other wise if break out lower line of channel input on short position .

Technical_Analysis

USDCAD

Price break out resistance level at 1.3450 and pass but return to this level which is a support area now . We expect movement toward upper line of channel the expect target is around 1.3600.

Technical_Analysis

NZDUSD

Price touched lower line of channel and return to upper line of channel . We expect after touch higher line of channel and appear some sign of return start a bearish movement . If price break out upper line of channel we input on long position .

Technical_Analysis

AUDUSD

Price is remain on triangle pattern on daily time frame .We expect movement until higher line of triangle pattern .