Daily candle chart

eur/usd:

today it has no pattern, only a large bearish candle.

EU is entering a support-zone slowly, BUT it has taken out the monthly 61.8 fibo level.



Some people say, the 76.4 fibo level is no true fibo number, so this might go
DOWN. If 1,27 is not support, this goes longterm 1,16.

But after todays bearish move there might be a retrace first. But carefully, bullish is against the major trend.

todays cad rate decision was a bit of a surprise, but here we go:

no pattern on USD/CAD

But as long as price climbs along the yellow trendline, its buy the dips.

Resistance is expected around 1,26 and 1,36.

agreed

AUD/USD:

Todays is a large bearish engulfing candle.

BUT, this candle stops exactly at 61.8 monthly fibo level (support)

If this level and the red dashed line breaks, we will see more bearish continuation.

But retrace first in the next hours.

hi Aad certainly
have a nice time 4 u
best regards
hussin

sallam karmo jan
yes im in side of beach EURAUD and EURYEN
HAVE GOD MORE GREEN PIPS WITH GOOD HEALTH FOR YOU AND YOUR FAMILY
BEST REGARDS
HUSSIN

hi dear peaches
thanks for your time and posts

note : weekly candles shows to us that we can see below 120 EJ in the next time

Hi dear friend hussin,

I hope you are doing well. Seems like Deutsche Telekom is working on your internet connection. Have experience with that, waited 3 month for internet connection beginning this year here in germany.

All the best wishes, its very exciting forex time now

examine now change in trend and reversal pattern for
daily candlestick charts:

Gold

Gold has a bullish hammer.

http://www.candlesticker.com/Cs18.asp

A hammer is a reversal pattern with low
reliabillity, confirmation in trendchange might be a good idea.

we see the same pattern for eur/usd daily

But it is a better hammer, because the colour of the candles changed from
red to green. Change in color is a hint too, for change in trend.

notice loss in value for aud/jpy in the last 3 month and see
daily reversal pattern.

most yen-crosses have reversal pattern.

see monthly resistance zone for usd/cad
and daily shooting star.

a bearish shooting star is a reversal pattern with low reliability, which needs confirmation.

http://www.candlesticker.com/Cs18.asp

brave samurai hussin will enter short, conservative trader peaches waits for next 4 hour candle for confirmation in trendchange:

we have another shooting star for swissy:

after last thursdays hammers and shooting stars, there is now the next chance for the bulls.

Geppy daily and 4 h.

I `am expecting a consolidation sideway or a bullish move, after last fridays big drop.

longterm i stay extremly bearish on geppy:

GU - daily and 4 h:

longterm I stay GU very bearish, shortterm maybe bounce from trendline and 76.4 fibo-level.

GBP/CHF daily and 4 h:

We see a daily hammer on GBP/CHF. A hammer is a reversal pattern with low reliability which needs confirmation.

longterm I ´am extremly bearish on GBP/CHF