AariTech

AariTech

We can see price has broken above descending trendline & currently found support at trendline after BOE interest rate decision , and trying to build bullish move from here, idea will become invalid in case of 4hr candle close below trendline

AariTech

Looking at chart daily we can notice 2 things now : 1. Price has crossed above multimonth long descending trendline , and with rejection on 19june we can see price finding strong support on trendline and confirmed retest . 2. Price is trading in Minor ascending Channel Now . With probable close above ichimoku cloud on daily we would be watching how price reacts...

AariTech

Please check previous idea on link below for more about support, From here onwards we would be looking for resistance near ichimoko cloud for scalping shorts, currently awaiting for daily candle close to consider adding further longs . We provide only technical view of pair , please consider fundamental aspects too before trading. Follow us in order to get...

AariTech

Price was trading already in descending channel and has broken below support too, further downside towards bottom of channel is expected .. 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

AariTech

With JPY weakness and support from channel bottom CHFJPY is expected to visit 110 . 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

AariTech

Price is stuck in tight range inside triangle , awaiting breakout for direction confirmation.

AariTech

Gold is showing some resilience towards downside.. however price has broken below rising wedge and formed lower high , with that we have temporary trendline on place which gives us probable resistance zone, We would be looking to short near trendline towards 1320 , in case price manages to close above , our idea will be invalid.

AariTech

Looking again on Weekly chart for Bigger Picture , We have been watching GBP facing strong bearish pressure just because Boris Johnson may become prime minister , but come on guys .. Conservative party has always been pro brexit , but nobody is ready for No deal brexit , we have seen probability of No deal brexit fail multiple times , practicaly there is...

AariTech

Hello , i have used Weekly chart just to clearly show strong support present @ current price zone .. Long with stop below previous day previous day lows..

AariTech

We can see Risk On sentiment coming in market with Trump and Xi agreeing to meet in g20 , JPY was benefitting from trade war and possible truce can result in JPY sell off , technically we are watching reversal from key level in dail chart , we are expecting bullish momentum to continue, Long with support of trendline. Idea invalidates if price crosses below trendline.

AariTech

EURUSD has been retracing back towards descending channel this morning in Asian & early European session , as price is about to test channel , we may see some rejection here , Short on break below ascending blue trendline.. In case price manages to close above descending channel , we may look to short term long opportunities.

AariTech

GBP is trying to recover back ground lost on friday and has started retracing back , in short term we have price broken above trendline , because of which price may continue towards Daily pivot providing us with long opportunity.. Follow us for more updates..

AariTech

USDJPY is to continue retracement towards 109 zone , In daily chart price is above 9ma and going to test 20 DMA,

AariTech

Price has tried multiple time to cross above channel but without success.. todays it looks like price will be rejected strongly towards downside , stay short on pair till it is in descending channel

AariTech

Hello , With Fridays bearish candle close , we find ourselves again on retest of bottom line of Channel with strong bearish candle . what would be scenario next. will it break below or bounce back with stronger Bullish candle ?? We can clearly see that there is huge bearish pressure technically , but some times on friday evening when market is closing , many...

AariTech

EURNZD longs were supported nicely by ascending channel , which price has broken few days back , as NZD is weak due to fundamental reason price has kept retesting channel line before moving lower , as we don't see strong upside move in near future which can cause EURUSD to move again inside very steep ascending channel we see Short opportunities each time Price...

AariTech

Hello fellow traders , A new trading week has started and today we may be watching follow through after friday candle close which resulted in bearish reversal pattern @ key resistance, The price was rejected very strongly @1350 zone and has broken below short term ascending trendline and triangle pattern , which suggest price may follow through bearish...

AariTech

We are looking at AUDUSD which may be going to find support again from descending trendline below price in coming days , As this trendlne can very well qualify as to what we say price range trendline , look to buy on test of trendline. to know more about price range trendline check our educational idea. We provide only technical view of pair , please consider...