On the chart, we can see neckline breakout of double bottom. Now we can wait for retest near to neckline. Then we can go for long on this pair.
In my previous EURUSD analysis, i mentioned about morning star from support level. This pair followed this nicely and moved 250+ pips. Now this pair has formed bearish bat pattern. On the chart, we can see D point which is the sell point for this bearish pattern. Price has been rejected from that level and fall more than 100 pips. Expecting more down on this pair...
Gold has formed bearish bat pattern as we can see on the chart. So according this pair, from the D point, gold should fall. Already it started falling after touching D point of bearish bat pattern. Expecting bearish rally and target can be 1137 level
On the chart, we can see some support and resistance level for this pair. On 28 December, we saw rejection from 123.20 level. This pair is still on bearish momentum since yesterday. On the resistance level, we saw evening star on h4. We can expect more bearish movement on this pair. Now 121.65 level is acting as support for this pair. If this pair can break this...
On the chart, we can see that usdjpy made upside breakout of triangle but it can't sustain its bullish momentum. Then this pair has started falling. We can rapid bearish movement on this pair. Expecting more bearish movement on this pair in coming days. Next target can be 114.80 level.
Gbpusd has formed downward wedge pattern on h4 time frame. If we find upside breakout, then we can go for long entry. As this pair is fully downtrend, we need to stay on sell mode. So expecting short entry on this pair
Eurusd has pulled back from support level and formed morning star on h4 time frame. Now this pair is towards resistance level on ranging area. We need to wait for breakout of this ranging zone to get new trend of this pair.