The pair have bounced back sharply holding above 1.6820 during its prior week as was projected in my previous update. Going ahead, prices are likely to hold below 1.7160 on further price recovery and trade mixed within 1.7160 to 1.6980 in the coming week
The pair continued to trade in a choppy note since past 2 trading weeks within 1.1750 to 1.1650 as was projected in my previous update. Going ahead, prices are likely to extend gains towards 1.1830 in the coming weeks ahead of turning down.
The pair traded in a weak note during its prior week and is in the verge of concluding its upside rally. Prices have already reached 100% fibo extension of its prior swing and are consolidating within 1.6150 to 1.5760 since past 2 weeks. Going ahead, prices are likely to consolidate within 1.6210 to 1.5830 ahead of turning down sharply in the coming weeks.
The pair continued to extend gains during its prior week and are approaching its rising trend line resistance level of 1.6130. Going ahead, on further extension of gains prices are likely to honor resistance of 1.6130 and turn weak in the coming trading weeks.
The pair continued to extend lower during its last trading week and is in the verge of concluding its corrective downside rally. Going ahead, on further weakness prices are likely to hold above 79.30 and attempt for a rebound in the coming weeks.
The pair witnessed a sharp fall since past 2 consecutive trading weeks after posting a high of 1.02434. Going ahead, prices are likely to hold above 0.9830 on further weakness and likely to trade mixed in the coming week. The pair have extended 100% fibo extension of its previous leg and have turned down sharply. Although I was expecting a pullback ahead of the...
Most likely to unfold like this WXY Bigger Structure scenario. Presently in minor wave C within Intermediate X wave which is unfolding in an impulsive structure. Target for the Wave X is $1345 and then will turn down. Lets see how it behaves
Gold is unfolding within a corrective 3 leg structure after posting high of 1365. Going ahead, as long as prices are holding above 1312.50 further extension of gains towards 1355 initially and then towards 1400+ will be seen in coming months. On the alternative side, if prices fail to hold above 1312.50 the triangle scenario(blue line projected direction) will...
The pair witnessed a sharp pullback during its prior week. However, structurally nothing has changed so I will stick to my bullish outlook that I posted in my previous update.
The pair have traded weak during its prior week and turned down sharply. Overall the structure is unfolding within 3 leg structure which is likely to hold above 1.67 on further weakness and turn higher towards 1.73 in the coming weeks. Structurally nothing has changed so I will stick to my bullish outlook that I posted in my previous update.
The pair extended gains as was projected in my previous update. Going ahead, prices are likely to trade mixed within 1.1750 to 1.16 in the coming week
The pair has turned down sharply honoring resistance of 1.6125 during its prior week which was projected in my previous week update. Going ahead, prices are likely to hold below 1.6125 on any pullback and trade weak towards 1.55 and below in coming trading weeks.
The pair turned down sharply honoring resistance of 1.5977 during its prior trading week as was projected in my previous update. Going ahead, prices are likely to hold below 1.5977 on any pullback and trade weak towards 1.55 in coming weeks
The pair bounced back sharply holding above support of 81.60 during its prior week. Going ahead, prices are likely to trade mixed within 81.50 to 85 in the coming trading week
The pair turned down sharply honoring resistance of 1.01364 during its previous week trading which I projected in my previous update. Going ahead, prices are likely to trade mixed within 1.01364 to 0.9966 in coming trading week
The pair bounced back sharply from 1.2156 where it completed the flat structure which was projected in my previous update. Going ahead, prices are likely to extend gains towards 1.27 and higher in coming months ahead of turning bearish for long term
The pair continued to extend gains as was projected in my previous update. Structure wise nothing has changed so I will stick to my projected direction and target for the coming weeks.
Prices are extending gains within a 3 leg structure which still has potential of further extending gains towards 1.61. However, 1.61 is a crucial level to watch out for as that is the prior swing top and prices are likely to reverse from there for medium term. So it is better to book profits for longs and wait for a reversal confirmation to sell for medium term.