AJAY120801
GBPUSD is in a BUY TREND and SAME CONTINUOUS as it is in a clear SUPPORT level....
Previous resistance had became new support.....We can expect long term buy....First target is 1.69576 and second target is 1.84654 as expected......
USDJPY may buy upto 139.225 because the previous resistance is breaked and formed as a support and also correct fib levels.
BTC may drop upto 13400 for sure.....LETS SEE...This analysis is done in monthly timeframe.
So as far the trend continues, it breaks the beautiful INVERTED HEAD AND SHOULDER. So it may have a chance of going upwards, so look for partial entries.
Cosmos is in a buy trend...It can buy upto 35 to 36 range.
GBPUSD is in the sell trend and will continues to sell till the next support zone 1.27319.
So CADJPY should sell upto 90.422 because the price is in overbought market and also it is in best resistance zone.
AUDCAD is in a buy trend. So wait for the retracement and enter. The price will go up to 0.93126.
SILVER is in a best uptrend. So wait for the retracement and go for a buy. First target is 24.27703 and next target is 24.82178.
GBPCAD reversed the trend from sell to buy. So the price buys upto 1.71759.
AUDCHF can buy upto next resistance say 0.69020. It is in a best support and also broke the trendline as well. So we can expect a good move toward upside.
My analysis for GBPCHF pair is, it has the potential for BUY. Recently it is forming head and shoulder in H4 timeframe as well as it is in the nice support zone. So have an eye to this pair.
Gold is in the best opportunity to buy because it breaks the parallel trendline and give the 50% move of the potemtial zone on fibonacci. So it moves upto next resistance zone which is 1840
GBPNZD MAY HAVE THE POTENTIAL BUY SIGN AFTER A RETEST SO CHECK IT OUT....
THE PRICE SELLS UPTO 75.459 AS IT TOUCHES THE TRENDLINE AS WELL AS THE RESISTANCE ZONE.
THE PRICE OF EURAUD IS LOW AND ALSO TOUCHES THE TRENDLINE AND SUPPORT LINE IN 1.63174. SO THE PRICE GOES UP TILL THE FIRST RESISTANCE LINE WHICH IS 1.65330. IF IT BREAKS IT GOES UP TILL THE SECOND RESISTANCE ZONE WHICH IS 1.68281.
THE PRICE TOUCHES THE GREEN TRENDLINE AND ALSO TESTS THE SUPPORT ZONE. IT GOES UP TILL THE FIRST RESISTANCE ZONE WHICH IS 137.665. IF IT BREAKS THE FIRST RESISTANCE ZONE IT GOES UP TILL THE SECOND RESISTANCE ZONE WHICH IS 139.781.