forexorbit

05:07

forexorbit

Check out my first multi time frame analysis and give your comments on that so that i can improve

forexorbit

USDCAD Due to the trade deal truce the oil prices are shoot up because of that the CAD also gaining some positive momentum at this time In day chart the 100EMA and 200EMA has crossed towards downward this will attract more sell The next target for bear is 1.30400 level From this pint we can initiate the buy orders And the potential take profit will be 1.33300 its...

forexorbit

AUDCAD Currently this pair running at the major resistance level at 0.91200 From this level we may expect some short term fall back towards 0.90600 level.Which is 100EMA This 100EMA will form as support level there we may execute buy orders And the potential target will be 0.92160 Stop lose may placed at 0.90100

forexorbit

The bearish trend line was broken in both the 4hr chart and in day chart. RBNZ is holding their rate cut decision as the economy performs well. And the trade deal between china and USA will strengthen the AUD and NZD This pair is currently trading at resistance level which is 72.600 we may expect a short term fallback towards 71.720 level which is a support zone...

forexorbit

As the investors find some saf heaven in the past week gives some strength to the JPY pairs.. And the USDJPY reaches the major resistance level 109.600 and formed double top Though its seems like double top JPY finding difficulties in fundamental factor to go bullish. Japan industrial activity is shrinking and BOJ is in the verge for more economic stimulus. We can...

forexorbit

The pair trading in a bearish market after the UK election result came.. This downtrend will continue in coming weeks as the Brexit chaos will control the bearish market. The upside momentum was still lacking as the current level is below the 100 exponential moving average and 200 Exponential moving average 1.29950 level will be critical on the next stop.. Sellers...

forexorbit

The pair cannot move beyond the 1.11800 level from the November 2019. And its seems like the triple top formation The Brexit chaos will further accelerate the selling of this pair.. Now its trading at 50% Fibonacci level and trading at 200EMA which is also a major hurdle for the bullish The next possible target will be 1.10308

forexorbit

Now the pair trading in between the range of 100EMA and 200EMA you can open short position at 1.29800 and the potential take profit will be 1.27800

forexorbit

You can buy at 74.800 and potential take profit will be 74.700

forexorbit

You can buy @ 1505.00 level and the potential target will be 1535.00

forexorbit

The next target will be 0.92431 from the current level.. Potential Stop lose will be 0.90530.. For any queries t.me

forexorbit

This pair broken the long term downtrend in Day chart and tested twice the key supply zone and bounce back towards 1.09200 and again retested the 1.08600 level from my point of view it will form a uptrend pattern and the potential first target will be 1.09600

forexorbit

Gold 1-This pair may bounce back towards the 1483.00 levels or may fall back even before it touches the level 2-Potential sell top may placed at 1480.00 resistance area 3-Potential take profit will be 1450.00 level

forexorbit Updated 

Upward momentum got stopped at 1515.40 area and again its tested the 1490.00 levels it may further touch 1503.00 and will fallback towards 1480.00 For more information's visit the telegram channel t.me

forexorbit

this pair will touch the 1.62270 and then may retest the resistance level of 1.63437 and then may fall back towards 1.61057

forexorbit

This pair will touch the resistance level of 0.99569 and may again touch the support level of 0.99260 and will further rally towards 0.99797

forexorbit

USDJPY pair may retest the 107.883 level and will further rally towards 108.400.This setup is aiming 50pips target.

forexorbit

Sell when it reaches the level of 1.23468 And potential Take profit will be 1.22419 SL may laced @ above the 1.24028 level