Wohlstandfx

Wohlstandfx

Description: The counter NZDCAD forms a peculiar chart pattern, the head and shoulder formation from 26th February. The high at the price of 0.9328 forms the head and the two lower highs around the price of 0.9255 form shoulders. The neckline is the core of this pattern at the price of 0.9204. This pattern is very supportive of the bearish trend. Yesterday the...

Wohlstandfx

DESCRIPTION: The counter EURCAD is maintaining its price below the flat-top resistance line at the price of 1.5379. The resistance line has been tested twice . Today the counter hit the resistance line and the price started falling downwards. The resistance line is very strong so that the counter can't able to break the line. The downpour of the price indicates...

Wohlstandfx

Description: The counter XAUUSD is moving in the parallel channel. The movement of the price is between the price range of 1769.13 and 1960.41. Specifying a particular trend is very difficult when the counter is in the parallel channel. Today the counter has tested the support baseline of the channel and there is no indication for a breakout. The market’s...

Wohlstandfx

DESCRIPTION The counter USDCHF is traveling between the price range of 0.8940 and 0.8890 in the pennant. Determining the trend of the counter is very tough when it is in the pennant. But the buying pressure of the market may propel the price even more upwards. Hence there is possible of breaking the top line of the pennant. The bullish trend is expected to start...

Wohlstandfx

Description: The counter USDJPY forms an ascending channel on 05th February. Since the price is maintaining in the channel and it is still moving upwards. The previous entry of the counter was at the bottom line of the channel at the price of 104.40. The formation of the ascending channel indicates the buying mode of the market. The bullish trend may continue...

Wohlstandfx

Description: The counter EURCAD started moving upwards and form an ascending channel. Since the price is maintaining in the channel and it is still moving upwards. The previous entry of the counter was at the bottom line of the channel at the price1.5369.The formation of the ascending channel indicates the buying mode of the market. The bullish trend may...

Wohlstandfx

Description: The counter XAUUSD was in the resistance trend line from 01st February. The support trend line has been tested twice at the prices 1869.76 and 1874.62. Today the counter breaks the trend line at the price of 1841.90 and it is expected to move upwards. Therefore long is more preferable for this counter and the bullish trend is expected to continue...

Wohlstandfx

Description: The counter NZDCAD started moving in an ascending triangle .A support trend line tested at the prices 0.9037 and 0.9135 and the flat-top resistance line at the price 0.9229.The price is moving near the top line of the triangle and it is expected to break the line. Buying pressure of the market may pull the price even more upwards. If the price...

Wohlstandfx

DESCRIPTION The counter AUDCAD forms a descending channel . The counter's prices is moving between the top and bottom line of the channel from 05th February. The formation of the descending channel indicates the counter is in a bearish mode. The price is accumulating near the top line of the channel for the past 24hrs. Since the price didn't break the top-line,...

Wohlstandfx

Description The counter US30 falling in the resistance trend line from 26th January. The trend line has been tested more than twice at the price of 31138.1,30891.8 and 30818.4. Today the counter hit the trend line at the price 30818.4 and it started moving downwards. Therefore short is more preferable for this condition and the bearish trend may continue...

Wohlstandfx

Description: The counter USDCHF started moving in an ascending triangle.A support trend line tested at the prices 0.88391,0.88682 and 0.88357 and the flat-top resistance line at the price 0.89256. The price is moving near the top line of the triangle and since then there is no indication for a breakout. Buying pressure of the market may pull the price even more...

Wohlstandfx

DESCRIPTION The counter GBPJPY forms an ascending channel. The counter's prices moving between the top and bottom line of the channel from 18th January. The formation of the ascending channel indicates the counter is in a bullish mode. The price is cumulating near the top line of the channel for the past 24hrs. Since the price didn't break the topline, the...

Wohlstandfx

The price of the counter XAGUSD is moving downwards in the resistance trend line. Already the counter has been tested thrice at the prices 26.111,25.793 and 25.475. The price is still maintaining below the resistance line and there is no indication for a breakout. The selling mood of the market may drag the price even more downwards. Short is more preferable for...

Wohlstandfx

Description: The counter GBPUSD is moving upwards in the support trend line from 11th January. The counter has tested more than twice on the support trend line . The previous entry of the counter is at the price of 1.3651. Since then there is no indication for a breakout or a trend reversal. Therefore long is more preferable for this counter and the bullish...

Wohlstandfx

Description: The counter XAGUSD look to form an ascending triangle. A flat-top resistance @ 27.40 and trend line support around 26.00 to 26.15 together form the ascending triangle. Today the counter is looking to break the resistance line @ 27.40. Prices trading a couple of hours above this level might push the counter to further highs. A price accumulation...

Wohlstandfx

The counter AUDJPY is in the flat-top resistance line from 11th December. Yesterday the counter has broken out the resistance line and it is expected to move even more upwards. Therefore long is more suitable for this counter and the bullish trend is expected to start soon. The upward movement of the MACD curves gives additional support to the description.

Wohlstandfx

The counter EURAUD is in the descending channel from 04th December. Today the counter has made an entry at the price 1.6267 and it started to break the channel.Therefore we can hope to maintain short and the bearish trend may continue further. The price is expected to fall up to S1(1.6223). The downward movement of the MACD curves gives additional support to the...

Wohlstandfx

The counter CADJPY is in the resistance trend line from 25thNovember which has been tested twice at the prices 80.49 and 80.25. Today the counter has made an entry at the price 80.25 and it started moving even more downwards. It’s the right time to go for a short and the bearish trend will continue further. The stochastic indicator curves started...