Expecting bounce towards up from channel bottom ,
Price is continuing its bullish pressure & in 4 hr we can see that price has moved above descending trendline which was offering resistance , wait for candle close and if remains above trendlines then Long with target 0.920 , We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get timely...
Look for rejection at trendline to short this pair , and hold for swing trade till price in descending channel pattern with target 0.720 We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view
Price awaiting breakout , expecting break above trendline in order to short towards 1.3250 , in case price breaks below short on retest with target 1.31
Price has been involved in indecisive price action after breaking below channel , technically pair wants to go down but with occassional chf weakness and Euro Strength its been impossible to get a clear direction , awaiting convincing breakout in either direction in order to trade this pair.. till then staying away..
Currently pair is retracing back with price capped by descending trendline , providing short opportunity towards test of ascending trendline , from where we may se price bouncing back , stay short till price is below descending trendline. In case close above Long on retest as major trend in 4hr is towards up.
Price has broken above descending trendline suggesting further move upside , putting 0.70 our next target, Buy in dips. We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get timely update of technical analysis and our view of market . Please comment to share your view
EURUSD has reached zon from where we would like to short towards 1.1350
Price looks like closing above , Long on retest
With Broad USD weakness and price moving up above Simple moving averages in 4hr chart , we are looking for retest of Longterm descending trendline , from where we will be waiting for break above trendline or price moving below channel.. We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get...
We have seen price getting rejected from 1.2750 levels many times previously , where as currently 1.2650 is also acting as strong support , In Daily char price has closed above previous candle and in 4hr new Higher Low is formed @ 1.2650 support. Since we are still @ strong resistance we are currently waiting for price to close above 1.2750 and retest for...
GBPAUD is expected to continue climbing higher next week as price is well supported by ascending trendline.
Euro may be looking to retrace sooner than later preparing for move higher towards 1.15 zone.
We will be looking reversal pattern near bottom of channel , and break above channel pattern for confirmation.
Gold has been in strongly bullish mood recently , and has encountered resistance by top line of channel In daily chart, before selling gold we would still be waiting for close below ascending trendline which is also supporting bullish move , aggressive entries can be take now with sl @ 1400 , in coming days price may start moving again from bottom of channel...
Price has managed to close above 1.2670 , and remain above after BOE , which suggest currently price remain supported towards upside... We also have ascending trendline which may support LONG trades too .. for now we are waiting for daily close and watch if candle closes above 20 DMA , We will be buying this pair in cases GBPUSD manages to close above...
USDCHF has fallen very fast and currently trading way above ATR , expecting retracement trade with support of our price range trendline for 50 pips .
Price found resistance at 0.8925 zone after breaking below ascending trendline , Path to least resistance towards downside on close below 20 DMA , watch for daily close before shorting this pair..