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USDCAD The recent downward rally is stalled at 1.31370 which is a acted as a recent support for the bullish But in longer picture overall trend is remain bearish with the target of 1.28000 in a longer run 1.3277 is a near-term resistance to the bull which is a 23.6% Fibonacci retracement level And above that 1.33610 is a 38.2% Fibonacci retracement level is...

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USDJPY Due to the weakness of USD it's felled to the 105.500 level .After that it has regained some of the loses and turned positive for the day today the trading range is 100 pips. We can expect a short term fall back towards 106.250 level at that juncture all the 50,100,200 EMA's are acting as the major barrier for the bearish. After reaching the upside...

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FX:AUDNZD Due to the weaker monetary policy in of reserve Bank of New Zealand the kiwi dollar had lose some strength against all the currency pairs AUDNZD has managed to gain some strength towards 1.10430. At 1.10320 it has formed a double top formation which triggered selling of kiwi dollar An it also formed a ABCDE Elliott wave pattern which has further...

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USDCHF USDCHF is making a big falling wedge pattern which is similar to the WXYXZ Elliott impulse wave pattern is a indication of the buyers are gaining some strength to make this pair more bullish Yesterday the upside resistance trend line was broken and it's currently in a retest phase which will give as a good risk reward ratio We can open buy orders at...

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BITCOIN After reaching the 12000.00-mark cluster of resistance were formed at this level. In this consolidation phase we can see the series of pattern shows that the rise and big falling of the price. The price is trading below the 50,100,200 exponential moving average in four-hour timeframe. Bitcoin has lost almost 2000$ for 1BTC in a single trading week....

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GOLD Has struck between the longer time trend line and 38.2% Fibonacci retracement level. In H4 timeframe we had a clear bearish view and the bearish engulfing pattern is formed after the price got rejected at 1950.00 level. Next target would be 1900.00 and the 1862.00. The Price is trading below the 100,200,50 exponential moving average. Today the longer...

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EURGBP will be in bearish condition

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We can expect a downside breakout in gold the target would be 1711.00 which is currently a strong resistance point Stop lose may placed above 1741.00

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BITCOIN After the massive sell off the bitcoin finds some support near 3900.00. From this support level it almost went up towards 6900.00 At this level double top is forming so its retraced towards 6000.00 which is nearby 50% Fibonacci level. And went up to 66400.00 which is 61.8% Fibonacci area We can expect short term fall back towards 6100.00, From...

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GBPUSD GBPUSD is formed a double top formation which is clear sign of selling pressure among traders We can open short positions at current level which is 1.23450 Potential take profit would be 1.22400 which is a 100 pips target Stop lose may placed above the 1.24010

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EURUSD EURUSD downward fall is just limited at 1.06400 level And buyers got some momentum enough to push the price higher and we may expect the primary target would be 1.09600 which is a 38.2% Fibonacci From this level we may expect some short term fall towards 1.08300 Suitable long positions may open at this level and the Primary target would be 1.10600 which is...

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USDJPY Suitable long positions may open at 109.800 level Potential take profit will be 112.135 Stop lose may placed below the 109.100 level Though the USD is weaken in recent days USDJPY cant run towards south

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AUDJPY Recently AUDJPY has broken the descending triangle pattern and went further up The next target would be 66.860 Long Positions may open at current level which is 67.120 Potential take profit will be 66.800 level which is also a major resistance level Stop lose may placed below the 66.740 level Leave your valuable comments below

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GBPUSD Is forming a Elliot correction wave of A. And its already completed the Fifth wave And its running in a rising channel which is clear sign of bullish trend Due to the corona virus spread in USA the USD is so weak in these days.This might continue in coming days Even though the USA government announced the stimulus package to help the Economy Its...

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USDJPY USDJPY is forming a corrective pattern And currently its forming a lower high We can expect this short term bounce towards 108.360 This is also a major resistance level From this level we can open short positions at 108.360 Potential take profit will be 106.650 Stop lose may placed above the 109.050 level USDJPY going to...

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AUDNZD This pair is trading in a Ascending channel which is a clear sign of bullish trend. We can open long positions in AUDNZD at this current level 1.02600 Potential take profit will be 1.03600 Stop lose may placed below the resistance level 1.01900 Leave your valuable comments below

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GOLD After reaching the march high of 1700.00 its almost lost 2500 pips in 02 weeks and stalled at 1450.00 level and recent handle formation shows as bullish engulfing handle which is a clear sign of bullish trends we can open long positions after the fall back level which is 1500.00 top side resistance levels are 1575.00 which is 50% Fibonacci 1609.00 which is a...

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GBPUSD The pound is under selling pressure its lost almost 1000 pips against USD We can expect further downward movement in coming days Suitable short positions may open at 1.17690 Potential take profit will be 1.13450 Stop lose may placed above the topside resistance zone which is 1.19480 Leave your valuable comments below