Resistances are seems at 0.9010 100.0FE (h4) >0.9030 161.8fe (H1) and 0.9050 161.8fe (daily)
At lower time frame (H1) the price action appears H&S pattern. The pattern aims at 0.7900 and 0.7880. A break down below 0.7860 needed to retrace further to 0.7800 and 0.7750.
Silver price action gave a breakdown below the 3-week ascending channel. The daily RSI and Oscillator appear bearish.
USDSGD manages to hold the 27-month ascending trendline. 200MA (weekly) finds between 1.35 and 1.3395. It has erased the falling channel in the H4 chart. We forecast a initial rebound to 1.3640 and 1.3690. Settles above 1.37 aims further headroom to 1.3760 and 1.38 The daily RSI and oscillator appear bullish.
ABC pattern target aims for 1.44. For high risk profile traders : Buying between 1.4470 and 1.4370 in a pyramid style with sl 1.4300 target 1.4650,1.4700/1.4720 and 1.4800. Low risk profile traders: Start buying between 1.4400 and 1.4370 in a pyramid style with sl 1.4300 target 1.4650,1.4700/1.4720 and 1.4800. Key To Market Research team.
It has erased a week falling channel. We forecast a rebound to 110.70 and 111 initially. Support remains at 110 and 109.50 A dip toward 110 and below 110 is a buying opportunity.
Weekly 200MAs in focus. We forecast a rebound to 1.2490/1.2500 and 1.2530. Support finds between 1.2410 and 1.2400. Buyers sl below 1.2395
Bottoming in process between 1.6290 and 1.6200. Settles above 1.6440 aims at 1.6480, 1.6500/1.6510 and 1.66 Buy on a dip sl 1.6200 target 1.6500/1.6510 and 1.66
The 46.50 is the key support level as it coincides with 100.0fe (H1) and a parallel support too. Near term potential support finds between 46.50 and 46.30. We forecast the price correction likely to pause between 46.50 and 46.30 levels Key To Market research team.
The daily price pattern trading on an RSI bullish divergence, indicating a limited downside risk. A rebound in oil prices likely to push the price higher in the near term. The cross has initial support finds 1.0360 and 1.0325 an additional support finds at 1.0300. In case of a rebound, 1.05, 1.0550 and 1.0600 expected. Key To Markets research team
Propel above 1.55 bulls aim for 1.546 and 1.5690. In the extreme case 1.5750 expected. Potential support finds at 1.5330/1.5300 below this 200DMA 1.5250 exists. Key To Markets research team
Spotted with a inverted H&S pattern. On a verge of neckline breakout. 0.9700 is the target if propels above 0.9660
A breakout above the trendline aims for 18.25 and 18.50 in the near term. Bulls can feel comfortable only after settle above 18.30. USDMXN short positions close to historical extremes. Key To Markets research team
RSI forming a lower high. 100.0FE seems at 0.9700. Potential resistance seems between 0.9700 and 0.9730. SL@June 09 high. Breakdown below 0.95 confirm the distribution pattern. Key To Markets research team
On the four hour chart, the price is trading on a verge of Ascending triangle. The target on a breakout is 47.60, 49 and 50$ initially. Support finds at 44.80, 44.40 and 44.20/44. The daily RSI is oversold, appears a limited downside risk. 46.50 is the key level to be breached. Key To Markets research team
It has a parallel resistance seems at 1.0908 it’s 50.0% (May high-1.0830 low) and 100.fe at 1.09, as of now high was 1.0895. Propels above 1.0915 further headroom expected for 1.0930 and 1.0950. Trade Idea 1 : Sell on a breakout (1.0915-1.0950) for target 1.09 Trade idea 2: Buy on a dip below 1.0850 Key To Markets research team.
Breakouts visible on the 4 chart. Key To Markets research team
Potential support finds at 1.5330/1.5300 below this 200DMA 1.5250 exists. Propel above 1.55 bulls aim for 1.546 and 1.5690. In the extreme case 1.5750 expected. Key To Markets research team