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CADJPY - BULLISH CONTINUATION
CADJPY
, 60
Long
CADJPY: CADJPY - BULLISH CONTINUATION

CADJPY is trending in a bull trend making HHs and HLs. It has taken a healthy correction and has probably printed an inverse head and shoulder patteren. If neckline is broken in upward direction, it would indicate bullish continuation and long positions may be looked for.

EURAUD - BEARISH CONTINUATION
EURAUD
, 60
Short
EURAUD: EURAUD - BEARISH CONTINUATION

EURAUD, after printing series of LHs and LLs, went into forming a possible Head and Shoulder pattern. Breaking below from its neckline would indicate continuation of bearish trend. Sell stops may be used below the neckline level.

EURUSD - POSSIBLE REVERSAL
EURUSD
, 60
Long
EURUSD: EURUSD - POSSIBLE REVERSAL

EURUSD is currently trending in a range after a bearish trend with a bullish divergence. Wait and watch policy is to be adopted before any clear direction is seen. Buy stops may be executed in case range breakout on bullish side is witnessed.

unity - bullish continuation
UNITY
, 1D
Long
UNITY: unity - bullish continuation

The food stock made a massive bullish rally before making a healthy correction. It seems that correction period has been completed and its ready to resume bullish move. This time, target is likely to be around 39 as shown in bullish ABCD pattern.

NRL - BULLISH ABCD
NRL
, 1D
Long
NRL: NRL - BULLISH ABCD

Refinery stock after breaking out from bearish trend printed a HH. After HH, it retraced till 0.61 Fib level and resumed upward trend. Its likely to complete its Bullish ABCD pattern target. Long positions may be looked for.

ATRL - BULLISH ABCD
ATRL
, 1D
Long
ATRL: ATRL - BULLISH ABCD

ATRL was in a bull trend when it retraced till 0.5 Fib level. It has bounced from there and is likely to continue bull trend completing the final target of ABCD pattern.

GOLD - BEARISH REVERSAL
XAUUSD
, 60
Short
XAUUSD: GOLD - BEARISH REVERSAL

Gold trending in a bullish direction has printed a bearish divergence. Breaking below the recent HL, as shown in the chart, will indicate start of further fall in a bearish trend. Short positions may be opened in case of breaking below Sell Stop level.

usdcad - bullish reversal
USDCAD
, 60
Long
USDCAD: usdcad - bullish reversal

The currency pair, after trending in a bearish market has broken above the last LH, thereby has confirmed last HL. Its indicative of trend reversal and Long positions may be opened.

CADCHF - BULLISH CONTINUATION
CADCHF
, 60
Long
CADCHF: CADCHF - BULLISH CONTINUATION

CADCHF is printing series of HHs and HLs without any sign of weakness. Long positions may be looked for with a defined SL.

USDCAD - BEARISH CONTINUATION
USDCAD
, 60
Short
USDCAD: USDCAD - BEARISH CONTINUATION

USDCAD is printing LHs and LLs without any divergence or sign of bullish side. Breaking below recent LL will be a strong signal for bearish continuation and shorts can be opened.

GBPNZD - BEARISH CONTINUATION
GBPNZD
, 60
Short
GBPNZD: GBPNZD - BEARISH CONTINUATION

GBPNZD is trending in a bearish trend. The pair printed a LL without any divergence. Breaking below recent LL will indicate likely continuation of the prevailing trend and short positions may be opened.

GBPAUD - BEARISH CONTINUATION
GBPAUD
, 60
Short
GBPAUD: GBPAUD - BEARISH CONTINUATION

Currency pair is trending bearish. It made a range bound movement for sometimes indicating a probable distributive correction. Breaking below the range may lead to further fall in a bearish trend. Short positions may be looked for.

GOLD - BULLISH CONTINUATION
XAUUSD
, 30
Long
XAUUSD: GOLD - BULLISH CONTINUATION

Gold, while trending in bullish trend initially made a double top with bearish divergence. This divergence played only as a correction in the trend and after corrective move it was diluted. Gold then made a double bottom and has broken above the last HH indicating a continuation in bullish trend. Long positions can be opened.

Gold - Bearish Reversal
XAUUSD
, 30
Short
XAUUSD: Gold - Bearish Reversal

Gold is trending bullish on shorter time frame. It made a double top with a Bearish Divergence as shown on the Chart. Breaking the last HL will indicate bearish reversal and short positions may be opened.

GBPJPY - BEARISH FLAG
GBPJPY
, 30
Short
GBPJPY: GBPJPY - BEARISH FLAG

Currecy pair is trending in a bearish direction. It made a bearish flag with a bearish divergence. Breaking below the last minor HL will dictate continuation of bearish trend.

EURGBP - BULLISH CONTINUATION
EURGBP
, 30
Long
EURGBP: EURGBP - BULLISH CONTINUATION

Currency pair is trending bullish without any weakness or divergence. It made another HH recently and took a correction. Long positions may be looked for

CHFJPY - BEARISH TREND
CHFJPY
, 30
Short
CHFJPY: CHFJPY - BEARISH TREND

CHFJPY is trending in a bearish trend. The pair made a corrective leg and upon completion resumed its downward journey. Its taking rejection from a trend line. Also, a downwards parallel channel can be seen indicating continuation of a bear trend.

NZDCHF - BULLISH CONTINUATION
NZDCHF
, 30
Long
NZDCHF: NZDCHF - BULLISH CONTINUATION

The currency pair is trending in a bull trend. An upward channel has been formed indicating bullish continuation. There is no any divergence hence no weakness is seen so far. Also, bullish ABCD pattern is also seen indicating strength of bulls till PRZ is achieved.

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