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EURNZD 📍 European central bank hinted that they will accommodate all kind of policy measures to help the economy. And the recent gain of euro will hurt the economic developments as Fed and ECB are eagerly waiting to depreciate their currency against one another. 📍 Positive risk on sentiment will help the New Zealand dollar and the lockdown measures in Auckland...

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EURAUD The recent covid developments has cause the euro rise on phenomenal range and the euro central bank also hint with further stimulus will be provided if needed.The euro recover plan has helped the risk assets to get some positive move. Broad weakness of USD is also a factor in rising of euro. At around 1.65500 minor psychological level the EURAUD got some...

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NZDUSD The swing momentum was slowed and downward trend was resumed after reaching the September high 0.67880 it felled towards 0.66000 level. The key support price also broken at 0.67416 which is a clear sign of bearish trend and now this pair is trading in a range. We can short this pair and the potential take profit would be 0.66000 which is a 61.8%...

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GBPNZD From August 25 this pair has started the downward journey in the channel. And the trend line is touched thrive and holding as the resistance for the bullish. After the price reached below the 61.8% Fibonacci retracement broadly it’s touched the 1.97000 psychological level and retested the support zone which is a Previous month’s low 1.97480. This...

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USDCAD After reaching the 1.30000 Mark this pair has rejected the downtrend and gone bullish up to 1.31600 At this level the inverted head and shoulders are formed which is a clear sign of bullish correction The price has broken the right side shoulders and stalled at 1.31600 which acted as a resistance for the bull. 1.31500 is a confluence zone which is also a...

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GBPJPY The price has reached the 142.720 which is low volume area there the price for rejected and resume the downtrend. At 142.00 major psychological level the bullish reversal also got rejected and head and shoulder patter has formed. Left shoulder is a August high price-141.616 and the head is a the September high- 142.706. And the price also bole the...

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EURGBP On political front the cable has loses some earlier gain against its counterpart Euro. Though the selling of Euro has happened due to the overbought condition on many euro pairs such is EURUSD, EURJPY, EURCAD This pair is currently trading at the upside trend line resistance. Once this tree broken we can buy this pair up to 0.90800 which is a previous...

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GOLD At 2000.00 level is the major resistance for the Gold at this juncture it rejected thrice in 4Hr time frame and reached broadly 1900.00 And bounced after touching the longer trend line which is the major barrier for the bear.Currently its trading in between the 38.2% Fibonacci level and 23.6 % Fibonacci level. IF the upside level broken then the price...

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ETHEREUM COINBASE:ETHUSD On month starting this cryptocurrency has briefly reached the 490$ per one ETH. As the bitcoin tumbles ethereum has also giving back some of this yearly gain. And the price is currently trading below the July-2019 high which is previously acted as support for the bullish run. In daily chart strong bearish engulfing pattern is...

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EURUSD In one hour time frame this pair has clearly broken the 100,200 Exponential moving average which is a clear sign of bearish trend and currently the 50 EMA is holding this pair as resistance At this level if we look at the volume profile the daily trading volume is so high 1.18500 level is acting as support Already the 50,100 EMA has making a golden...

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DXY will be in bullish trend Is in minor correction phase we can expect another rebound at 92.58 Disclaimer This post does not provide financial advice. It is for educational purposes only

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GBPUSD Due to the broad weakness in US dollar the cable got some boost even there is a brexit worries are ahead and the UK economy is still in lagging phase GBPUSD has broadly reached the 1.34800 level and started falling towards the 50% Fibonacci retracement level which is at 1.32700 On Elliott wave principal the minor waves A,B,C is completed we can expect...

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After reaching the 52 week high of 1.8224 AUDNZD is in clear downtrend and it's it is also make some head and shoulder pattern which is clear sign of bearish is territory At around 1.77340 we had a bearish flag it's further accelerate the downfall of EURNZD And major resistance was broken and the resistance turned as support for the downfall the primary target...

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AUDCAD The recent risk rally helps the Aussie dollar to gain some strength against its counterpart Lonnie From August 24 this pair is trading in uptrend and reached the current monthly high of 0.96511 The uncertainty in oil prices also weighing in CAD pairs and it's lose some gain against the strong risk proxy currency which is Aussie dollar After...

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SILVER ANALYSIS 1-Silver trend to move along with safe heaven king GOLD 2-In recent days silver is outperforming the gold interms of daily % of gain/lose 3-Its moved an average of 4-5% a day 4-Yesterday range is almost 8% for a up and down rally 5-Currently it's trading at the recent trendline support level which will further attract the buyers and it has room...

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Buy this pair after breakout

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We can buy this pair at current level. Potential take will be 77.000. Stop lose may placed below 75.700 The next resistance level is 76.800

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DXY is in bullish trend