PrinceStanoEmmanuel

PrinceStanoEmmanuel

NZDJPY technical outlook shows that price is about to complete a 5waves count on the down channel line and also at a support territory serving as a confluence. A bounce to the upside is expected after a touch of the channel line. A break below 63.000 invalidate the count.

PrinceStanoEmmanuel

Outlook shows NZD is preparing to gain strength against the USD with a complete 5waves drop and a complete STANO 1.0 pattern of 70.7AB, 70.7BC and 224/314CD. A break below 1.59000 invalidate the count.

PrinceStanoEmmanuel

This is an inverse outlook on NZDCHF. Technical outlook on this pair shows that it could likely push down to complete a 5-0 harmonic pattern or Wave 2 of an elliot wave count.

PrinceStanoEmmanuel

Technical outlook on this pair shows that it could likely push up to complete a 5-0 harmonic pattern or Wave 2 of an elliot wave count.

PrinceStanoEmmanuel

USDCAD technical outlook shows the formation of a LEADING DIAGONAL. Price is currently completing the fifth leg of the impulse. A correction of ZIGZAG or FLAT is expected to form the wave 2 correction. I will be waiting to pick a BUY entry at the complete C leg of wave 2 correction.

PrinceStanoEmmanuel

Gold technical outlook shows every characteristic of a contracting triangle which price is currently at wave E. Price is expected to push down after the touch of the upper contracting triangle line. Price is expected to drop to a region of 1622.00 - 1614.00 region. A break above 1747.00 invalidate this count.

PrinceStanoEmmanuel

Technical outlook shows a triangle pattern of 3,3,3,3,3. Price is expected to push up after touching the lower channel line followed by a rise to a minimum target of 2.07000 from the current market price at 2.02500. A break below the lower triangle line invalidate the analysis.

PrinceStanoEmmanuel

Technical outlook on this pair showed a complete CYPHER pattern. Price is expected to move down from the region of 69.800 - 69.600 to the region of 66.300 - 66.500 which amounts to a minimum of 350pips. A break above 70.200 invalidates the analysis.

PrinceStanoEmmanuel

USDCHF had been forming a contracting triangle with count ABCDE. Reversal from the E leg is expected to push price down towards the lower contracting line. A break above the upper contracting line invalidate the analysis.

PrinceStanoEmmanuel

Outlook on CADCHF shows price currently at 0.69800. A rejection of 0.70000 is expected to form a HEAD and ShOULDERS pattern.A break of 0.70320 invalidate the analysis

PrinceStanoEmmanuel

A technical look at the chart shows that NZDJPY just completed a SHARK pattern. Looking from Elliot Wave angle, price is currently starting the E phase of a running triangle. A break below 63.300 invalidates the count.

PrinceStanoEmmanuel

CAD had been on correction mode against the USD since March 19th, 2020. Price formed a Zigzag labelled W, another Zigzag labelled X. Price formed the first leg of the last zigzag which price is currently at E of the triangle correction. Price is expected to complete the E leg of the triangle at 1.41900 - 1.42000 region. A five wave count is expected on the...

PrinceStanoEmmanuel

USD strength against the CAD is expected to end at 1.41500 - 1.42000 region to form a CYPHER pattern. Candle confirmation should be expected at the price region for good entry. A break above 1.42000 automatically converts the pattern to a SHARK pattern.

PrinceStanoEmmanuel

This past week, EUR had seen to gain a lot of strength again currencies across the board. After a bit correction against the NZD at market open. A rise towards 1.82300 - 1.83400 price region is expected before picking a SELL entry.

PrinceStanoEmmanuel

JPY is expected to continue the strength against NZD but before that, a slight correction would move price towards the region of 64.900 - 65.200 before a SELL could take place. The bear is expected to move price down to 64.400 - 64.100 from 64.900 65.200 region before a slight bullish move of 50-100pips.

PrinceStanoEmmanuel

A close look at GBPCHF on H1 timeframe shows an emerging 5-0 pattern which a slight push up of 50-100pips should start from 1.19800 - 1.19500 price region. A break of 1.19500 invalidate the forecast.

PrinceStanoEmmanuel

Price was able to create a resistance at 0.70300,the bears push price down to 0.68000 CMP. Technical study of the chart shows an emerging 5-0 pattern which a reversal is expected at the region of 0.68000 - 0.67500 - 0.67000. A break of 0.67000 invalidate the forecast.

PrinceStanoEmmanuel

EUR was able to find a support against CAD at 1.50500. A bullish move from this point is currently showing a 5-0 pattern which should complete at a region of 1.55000 - 1.56000 - 1.57000. A break above 1.57000 invalidate the analysis.