Long USDJPYUSDJPY changed trend after rose interest rate and fomc pushed by dot plot one more hike in 2017, as technically pair traded on above strong support with 200 MA on daily candle , we can see one more rally towards 111.90/112.40. we don't like selling here !
Buy USDJPY
@111.05/110/85
target: 111.90/112.40
Stop loss: 110.50
gud luck !
#forextuitions
Lalitmatta
Long AUDNZDAUDNZD has rally after AUD unemployment positive data , also technically pattern shows is still looking more up towards 1.1.0590/1.0640, we can see another buying around 1.0508/1.0492. we don't like selling here .
BUY AUDNZD
@1.0505/1.0490
Target: 1.0585/1.0620
Stop loss: 1.0455
Gud luck !
#forextuitions
Long USDCHFUSDCHF tested fourth time major resistance ,could possible to break this time, there are two scenario now ,as technical pattern shows there is a scope to go more higher to wards 0.9560/0.9800 if not able to break resistance will see retest to support. We don't like selling here .
BUY USDCHF
@0.9710/0.9690
Target:0.9780/0.9810
stop loss: 0.9650
gud luck !
#forextuitions
Short GBPJPYGBPJPY pair trend shows more downwards ,after completing impulse it was fall as expected , currently trading towards retrace 50%fibo we can see another fall from 142.65/85 towards 141.00 . we don't like buying here.
Sell GBPJPY
@140.50
Target: 139.60/139
Stop loss: 141.10
Gud luck !
#Forextuitions
Long USOILOPEC meeting discuss about extending the production cut in Crude Oil to stabilize oil prices, But USOIL fall more than 5% still there is a scope to go more than to make new floor or retest strong support of 43.76. as technically we can see three waves towards 47.00/47.40, currently usoil standing on double bottom support on daily candle.we don't like selling here.
Buy USOIL.
@46.20
target: 47.20
Stop loss: 45.70
gud luck !
#forextuitions
Long USDCHFUSD/CHF pair is now drifting lower for seventh consecutive day and is currently trading at day's through near 0.9525.As technical there is a strong support near 0.9500, , could possible hold this with 5th impluse wave run towards 0.9580/0.9590, If failure to hold this will see 0.9450 atleast.
BUY USD CHF
@0.9522
Target: 0.9582
stop loss: 0.9488
Good luck !
Short GBP USDGBP USD has competed 38.2% fibo , if break this next target to complete atleast 50% fibo at 1.4800, But before going to make new high it could possible to make a new leg down to enter for buyers with the strong resistance and double top pattern.
Let's Short GBP USD
@14615
Target: 1.4525
Stop loss: 1.4655
Good luck !
EUR USDEUR USD Pair shift bearish trend to neutral range bond, as technically on 4hr candle pair trade above 200 MA with strong double bottom support on daily candle, as Macd shows buyer comes comes into market to break his channel to complete shadow of last high.
Expected Buying from 1.1301
Target: 1.1390
Stop loss: 1.1260
Good luck !
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Long NZD USDNZD USD pair nicely moving to wards up trend, expected to break 0.6900 yesterday , his pair has followed its sister pair downwards, I expect strong support of 0.6825 so it should hold before the FOMC release due later.
There is big news due for both sides of this pair so there could be some wild swings accompanied by a lot of volatility.
BUY NZD USD
@0.6848
Target: 0.6950
Stop loss: 0.6800
&
Sell Below 0.6790
Target: 0.6700
Stop loss: 0.6832
Good luck !
Long GBP JPYGBP JPY pair is one of the faster moving pair in yen pairs, As yen fundamentally weak due to Japanese looking for lower yen to get cheap credit , GBP JPY pair technically strong up trend with the completing retracement of 50% fibo with equal top/ bottom, bottom/top pattern. Expected another spike from yesterday 50% fibo at 161.40/50 to reach new target 163.00
BUY GBP JPY
@161.52
Target: 162.40
Stop loss: 161.08
Good luck !.