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Weekly analysis

NZD/USD Weekly Forecast ( February 7-10)

Daily chart analysis
According to the daily chart, the confirmation of a downtrend for NZD/USD currency pair will be when the price reaches 0.7212 (Fibo 76%). Another target might be 0.6915 (Fibo 50%), in the medium long term.

NZDUSDdaily page 0011

8 hour chart analysis
The stochastic oscillator is into a downtrend at this moment. The real confirmation of a downtrend for this pair might be at 0.7142 (EMA 200). Another target might be 0.7056 (Fibo 38%), correlated to the 8 hour chart.

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EUR/USD Weekly Forecast ( January 30-February 3)

Daily chart analysis
The price for EUR/USD currency pair reached EMA 50. This means that a possible target for this pair might be 1.0380. The MACD and the stochastic oscillator are negative and the downtrend will continue in order to form a triangle.

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8 hour chart analysis
The price is below EMA 200 and this confirms a continuation of a downtrend, according to the 8 hour chart. The MACD is into negative territory.

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AUD/NZD Weekly Forecast ( January 23-27)

Daily chart analysis

The price for AUD/NZD is near EMA200 (1.0500), according to the daily chart. If the price falls below EMA200, a possible target for this pair may be 1.0350 in order to form a triangle.  The MACD and the stochastic oscillator are near negative zone. 

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8 hour chart analysis

At this moment, the AUD/NZD currency pair is into a tight range between 1.0564 - 1.0482. According to the 8 hour, the MACD is near negative zone.

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US Crude Oil Weekly Forecast ( January 16-20)

Daily chart analysis

The uptrend on US Crude Oil might continue above EMA50, according to the daily chart. The stochastic oscillator is still up and a possible target is above 55.00, in the medium term.

US Crude Oil Weekly Forecastdaily page 001

8 hour chart analysis
The MACD on the 8 hour chart is positive and the price is above EMA200. The price might continue to rise, according to the trendline.

US Crude Oil Weekly Forecast page 001

Gold Weekly Forecast ( January 9-13)

Daily chart analysis
The Gold price is in a retracement mode. It is still below EMA50. The downtrend will continue if the price falls below Fibo 38% ( 1171). Gold will return to uptrend if rises above EMA 50 (1188).

Gold Weekly Forecastdaily page 001

8 hour chart analysis
According to the 8 hour chart, the price is into a range at this moment between 1183 and 1170. The downtrend is still below EMA200 (1205). The MACD will soon be negative and the downtrend will continue if the price breaks out of its range at 1170.

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USD/CHF Weekly Forecast ( January 3-6)

Daily chart analysis
The USD/CHF currency pair is into an uptrend at this moment, according to the daily chart. The price is above EMA50 and the MACD indicates an uptrend. A possible target might be the first resistance (1.0311), then the second resistance (1.0450).

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8 hour chart analysis
According to the 8 hour chart, the USD/CHF currency pair is stuck into a range between 1.0345 and 1.0150. The price at this moment is above EMA 200 and the MACD will soon be positive.

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USD/CAD Weekly Forecast ( December 20-23)

 

8 hour chart analysis

Daily chart analysis
The USD/CAD currency pair is into an uptrend on the daily chart. The MACD and the stochastic oscillator are positive. The price is above EMA 50 and this is a sign that it will continue to rise in the medium-long term. The next target might be Fibo 50% ( 1.3521), then Fibo 61% ( 1.3767).

USDCADdailypage 001


The MACD is positive on the 8 hour chart and the price is above EMA 200. A first target in the medium term might be the first resistance (1.3443), then the second resistance ( 1.3485).

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USD/CHF Weekly Forecast ( December 13-16)

Daily chart analysis
The price of USD/CHF pair is into a range on the daily chart, between 1.0200 and 1.0066. If the price breaks out of its range at 1.0066, it will fall below EMA 50 (0.9983) in the medium-long term. A target in the long term may be Fibo 0.50 (0.9885).

usdchf daily chart

8 hour chart analysis
The MACD on the 8 hour chart shows that USD/CHF will fall in the medium term. If the price reaches Fibo 0.76 (1.0066), it may fall below EMA 200 (0.9946).

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AUD/NZD Weekly Forecast ( December 5-9)

Daily chart analysis
The price of AUD/NZD currency pair may rise in the medium long term, according to the MACD and the stochastic oscillator. If the price reaches 1.0531 (EMA 50), it may rise at Fibo 0.50 (1.0775), according to the daily chart.

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8 hour chart analysis
The 8 hour chart indicates also a possible uptrend for AUD/NZD pair. The MACD is positive on the 8 hour chart. If the price hits 1.0542 (EMA 200), it may rise until at least 1.0600, in order to close a gap, in the medium term. 

AUDNZD8h page 001

USD/JPY Weekly Forecast( November 28-December2)

Daily chart analysis
According to the daily chart, the top for USD/JPY currency pair was at 113.88. The price may retrace until Fibo 61% (108.14), in the medium long term. The stochastic oscillator has started to fall and also the MACD may be negative in a few days.

USDJPYdaily page 0

8 hour chart analysis
The MACD on the 8 hour chart is already negative for USD/JPY. The price may fall at Fibo 61% (108.33), in the medium term.USDJPY8h page 001

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