SamiBukhari

SamiBukhari

Over extended (Fib Extension 2.0 - 2.72), Over sold on on H4.

SamiBukhari

EURNZD, like all pairs of EURO, is in the down trend. However, market doen't rise or fall without retracing. 1.6412 is such a level from where I see the pair retracing, as it will be over extended and over sold on H4 level at that point.

SamiBukhari

AUDNZD is opproaching its support (1.03284-1.03133). This level also Fib Extension 1.272 level. RSI is also near over sold point on daily time frame.

SamiBukhari

AUDNZD is opproaching its support (1.03284-1.03133). This level also Fib Extension 1.272 level. RSI is also near over sold point on daily time frame.

SamiBukhari

GBPUSD is retracing on a daily time frame;just completed 0.38% of it by touching 1.3000. 1.3000 also is a support on daily time frame. Righ now the pair is over extended (1.41 Fib Ext level) on H4 time frame and over sold according RSI. The candlistick patten(bullish harami) plus the reaosns given are good for a long entry till 1.3110, S.L being 1.2990.

SamiBukhari

If it reaches leg C, the market will be between 1.272-1.41 level of Fib Extension,and oversold on RSI. Wait for the candles to indicate a clear buy signal.