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