ERUUSD in forming a triangular wedge , If the price breaks the triangular wedge and crosses the 1.0914 mark then the price is expected t hit the levels of 1.1006 mark. Wait for the price to break the triangular wedge.
GBPUSD has broken the H4 time frame Triple top level and expected to hit new highs. The pair is expected to hit the levels of 1.2387 before flying to the levels of 1.2500 and later to 1.2600 levels. Entry @ 1.2387 TP 01 :1.2502 TP 02: 1.2560
AUDUSD has been retracing to get rejected from the levels of 0.6700. The Prices being met, now the pair is expected to hit lows of 0.6500 and 0.6472. Entry Now @ 0.6685 TP 01: 0.6564 TP 02: 0.6472
USDCHF has been in a down trend for last two weeks and it has more potential for further fall to the levels of 0.9000. This further fall will be activated by the break of the support level 0.9160. Wait for the break of the support levels to Enter short for the run towards the TP levels. There are 2 levels of TP for the pair TP 01 - 0.9006 TP 02 - 0.8919
AUDUSD has been retracing the last week and was expected to hit the levels of 0.6810 as the max retracement zone. The pair has reached near the zone and started its fall , now breaking the retracement channel the pair has confirmed the downtrend. Entry - SELL @ 0.6663 TP 01 - 0.6575 TP 02 - 0.6506 SL:0.6735
Gold is expected to hit new highs. Gold is expected to hit the levels of 1950 before flying to 2030 levels.
Gold has been forming a triangular wedge pattern , and is expected to break above which shall help the commodity to move towards the previous high or even higher. However the Gold being at the top of the cliff may show some retracements to make the longer moves. Wait for the price to make necessary break of structure to confirm the movements.
GBPUSD has broke the major resistance level of 1.2438 at 4hr time frame. The Pair is now expected to retrace back the retest the broken level before flashing up to further highs. Immediate trade Enter BUY @ 1.2438 TP - 1.2578 SL - 1.2356
GBPAUD has shown the hints to fall to the levels of 1.8150. The pair has broke the structure level of 1.8378 and is expected to hit the levels of 1.8000. Enter - SELL Now @ 1.8460 TP 01 - 1.8146 TP 02 - 1.8050 SL: 1.8525
EURCHF has been in a uptrend and has shown the potential to hit the levels of 1.0130. Also the pair has retested the levels of 0.9700 ,thus enabling the pair to move towards the 1.0130 levels. Wait for the triangle to break upwards to confirm the uptrend.
Bank Nifty has been retracing to the high of the downtrend channel. The index has already hinted chances of falling to the lower levels of 37800 and may even to the levels of 37000. However the institutions may hike it up to the levels of 41300 before the bears jump in. Expected Trade: Entry Now @ 40800 SL: 41800 TP 01:37800 TP 02:37037
OIL falling down and has a support @ 66 levels and may retrace to 73 levels. However the fall may further extend to 57 levels where the support is strong and may consolidate there.
EAUUSD has formed a double top at the 4hr time frame at the levels of 1.0922. The major resistance of the pair being at 1.1020 levels , we expect the price to break the wedge pattern and fall to the levels of 1.0550. There is 30% chance that the pair may break the double top levels and move further long.
EURCAD is expected to hit the levels of 1.4698 and may even fall to 1.4626. Th pair is searching for the Higher lows @ 1.4600 levels.
GBPUSD is still continuing it run towards the level of 1.2400 levels. The Pair has retraced to take support on the H1 Trend channel and now broken the resistance levels and moving towards the higher high levels.
LTC has been forming an uptrend channel , and created a major support at the levels of 62. It has broke out of the triangle and expected to move towards the 132 levels. There is a resistance expected at the levels of 118. How to trade? Wait for the price to break 94 levels. Enter for the target of 118.
BTCUSD is expected to hit the levels of 24200 before it can move to the new highs of 29950 and even to the further level of 32740. Wait for the price to retest the levels of 24200 to take the Entry. the pair has a major support at 20000.
XRPUSDT has broken the resistance level of 0.4000 and started its movement towards the 0.6000 levels. The price is expected to have a resistance at the level of 0.5965. The 0.4000 level has become a major support for the pair.