technical analysis pcmbrokers - page 5

 

eur usd

Analysis By Our Specialist

On the H4 TF, by reaching the price to a resistant level and the harmonic pattern being formed, we are observing a reversal. As long as this level is not broken above there would not be any expectation of a jump by the price and the continuation of the price slump is predicted.

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eur_usd.gif  30 kb
 

eur jpy

Analysis By Our Specialist

By having a positive divergence happened and R to S conversion process we are observing a reversal on the daily TF. As follows, we would be having a growth if the internal down sloping trend line is broken above.

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eur_jpy.gif  35 kb
 

eur usd

Analysis By Our Specialist

On the H4 TF, in the conversion level area we are observing an Invab=cd harmonic pattern while having a negative divergence formed. Based on the slow correction move till Feb 28th its time will be fulfilled and if the supply persists as well, we will be awaiting a drop by the price.

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eur_usd.gif  41 kb
 

eur usd

Analysis By Our Specialist

We are observing 2 harmonic patterns on the daily TF: Shark – Invab=cd.The expectation appears to be as a drop as supply pressure rises in the market

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eur_usd.gif  35 kb
 

The price is going down in an ascending trend and on the other hand by having a harmonic pattern formed and happening a conversion process, a reversal is on sight. So, if the supply increases in the market, we expect to have the price dropped by the way.

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gold.gif  92 kb
 

eur usd

The observation calls for an Ab=cd harmonic pattern on the H4 TF. If the supply pressure remains strong enough in the market, we would be expecting a drop to the bottom of the channel.

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eur_usd.gif  71 kb
 

eur usd

A harmonic pattern on the upper line of the channel is being observed. If the supply pressure exists in the market and having the bullish channel low broken, we are expecting the price to drop as low as channel bottom.

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EUR_USD.gif  81 kb
 

gold

On the H4 TF, we are expecting the price to grow up, if the upper wedge angle around $1300 is being broken.

Analysis By Our Specialist

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gold.gif  80 kb
 

eur usd

On the H4 chart, there is a shark pattern formed. By having the supply pressure across the market, we are expecting a drop to happen.

Analysis By Our Specialist

Files:
eur_usd.gif  85 kb
 

On the H4 chart we are observing a price reversal by having the Alt bat pattern formed. The expectation is to have the drop continued if the supply pressure persisted further.

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gbp_usd.gif  28 kb
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