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robert11

Technical Analysis Pcmbrokers

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gbp aud

http://myforexforums.com/forumdisplay.php/91-Analysis-By-Our-Specialist

On the H4 chart we are observing a wedge pattern and on the other hand the indictor “RSI” is moving downside. In such a condition we are expecting to see a drop upon breaking 1.8150 area below.

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On the daily chart, the price is within a bullish channel and near 2 harmonic patterns the reversal is on-sight. Till May 13th its time will be fulfilled. If the supply pressure persists across the market, the expectation is for a drop then.

http://myforexforums.com/forumdisplay.php/91-Analysis-By-Our-Specialist

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eur jpy

http://myforexforums.com/forumdisplay.php/91-Analysis-By-Our-Specialist

On the H4 TF, we are observing the harmonic pattern low on bottom of the bearish channel and also a positive divergence has happened at almost the same time. Till May 20th its time will be fulfilled and we are expecting an up move if the demand fuels up across the market and having the price stabilized around 139.00.

1400438839491.gif

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eur chf

On the H4 chart, the price is behaving like a wild bull and the price is swinging around conversion area. We are expecting to see a high leveled price if the demand take the upper hand according to the respected condition. On the other hand the room will be provided for the price to drop by having the trend line broken below.

1407134435911.gif

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