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29.01.2020

USD/CHF: wave analysis

The pair may fall.

On the daily chart, the third wave of the higher level 3 of (3) develops, within which the wave i of 3 forms. Now, a local correction is developing as the fourth wave (iv) of i. If the assumption is correct, after the end of the correction, the pair will fall to the levels of 0.9550–0.9500. In this scenario, critical stop loss level is 0.9818.

AUD/USD: wave analysis

The pair may fall.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 5 of (5) forms. Now, an upward correction has ended as the fourth wave of the lower level iv of 5, and the wave v of 5 is forming. If the assumption is correct, the pair will fall to the levels of 0.6663–0.6545. In this scenario, critical stop loss level is 0.6935.

GBP/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading between Tenkan-sen and Kijun-sen lines. One of the previous minimums of Chikou Span line is expected to be a support level (141.79). The closest resistance level is Kijun-sen line (142.93).

CAD/CHF: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged, both lines are directed upwards. Confirmative line Chikou Span is crossing the price chart from below, current cloud is descending. The instrument is trading around lower border of the cloud. The closest support level is Tenkan-sen line (0.7368). The closest resistance level is the upper border of the cloud (0.7402).

AUD/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading between Tenkan-sen and Kijun-sen lines. Tenkan-sen and Kijun-sen lines have become support (73.64) and resistance (74.39) levels respectively

28.01.2020

CAD/JPY: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the blue line is directed downwards, while the red one remains horizontal. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading between Tenkan-sen and Kijun-sen lines. The closest support level is Tenkan-sen line (82.62). The closest resistance level is Kijun-sen line (83.35).

EUR/NZD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed upwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong. The closest support level is Tenkan-sen line (1.6840). One of the previous maximums of Chikou Span line is expected to be a resistance level (1.6912).

GBP/CAD: Ichimoku clouds

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the blue line is directed upwards, while the red one remains horizontal. Confirmative line Chikou Span is crossing the price chart from above, current cloud is ascending. The instrument is trading around upper border of the cloud. The closest support level is the upper border of the cloud (1.7098). The closest resistance level is Kijun-sen line (1.7204).

ASX200: technical analysis

On the H4 chart, there is a correction of the downward movement. The instrument is trading between the lower and center lines of Bollinger Bands, the indicator cloud is expanded, which indicates a likely resumption of decline at the end of the correction in the short term. MACD histogram is in the negative zone; the signal line is crossing the zero level and the body of the histogram from above, forming a signal to open short positions. Stochastic is in the neutral zone, and the lines of the oscillator are directed upwards. The signal to open long positions remains.

USD/CAD: wave analysis

The pair reduction is possible.

On the 4-hour chart, the formation of the higher level wave C of (2) is taking place, as part of which an upward correction develops as the fourth wave iv of C. At the moment, wave (a) of iv has formed and if the assumption is correct, then it is logical to expect a decrease in the pair in wave (b) of iv to 1.3095–1.3037. The level of 1.3210 is critical and stop loss for this scenario.