Good day guys.. SWING SETUP- NZDCAD HOUR-01 Price above 50,100,200 EMA Series of HH HL HH patterns Bullish momentum Price above RSI 50 Price above Ichimoku cloud Price above .50 Fibonacci HOUR-4 Price above .50 & .618 Fibonacci Strong rejection around 0.88000 Price above 50,100,200 EMA Ichimoku cloud is turning green DAILY Price above .786...
USDCHF-DAYTRADING OPPOURTUNITY Price is still under bullish momentum. And the 0.91600 level is acting as support level for the bull Potential target would be 0.93270 and stop lose may placed below the trend line and below the 0.91000 level
USDCAD Continued to turn lower. And Triple top pattern has formed We can expect the price will fall towards 1.31560 Stop lose may placed above 1.33628 level. Downward pressure is still valid USD weakness helps USDCAD to run lower Give a thumbs up if u like our work
AUDUSD If we observed closely the Volume profile if the price broke below of upper side of POINT OF CONTROL its tend to move on the upper hand side either bullish/bearish. After reaching the 0.74000 key psychological level its got some major rejection and felled below August low and reached 0.70000 key psychological level The negative risk sentiment has...
Good day guys.. Multi timeframe analysis Hour-01 Bullish engulfing Series of HH HL HH patterns Upside pressure Price above 200 EMA Price above Ichimoku cloud HOUR-4 Price above .618 Fibonacci Strong bullish candle Strong rejection around 0.60500 Price above 200 EMA Price above Ichimoku cloud DAILY Strong bullish engulfing Price above 200 EMA Price...
GBPCHF Price has broadly moved above the EMA's ribbon its one of the easy method to predict the trend on September 08 the price felled below the ribbon and the selling happened rapidly. Whenever the ribbon is constricted the trend going to reverse and if the ribbon is widen enough still the upside/Downside momentum is intact In GBPCHF the ribbon was turned upside...
SILVER Silver is tend to move along with Gold but the daily moving range is higher than GOLD Today the upside momentum has stopped by the Strong 200 Exponential moving average same as like the Gold. We can expect short term rebound after reaching the lower side trend line and may move towards 200EMA. For the longer term bullish trend Silver has to break the trend...
GOLD On September 24 the price of gold has felled below the 200 Exponential moving average and felled towards 1850.00 The 61.8% Fibonacci retracement level is acted as major resistance level for the Bull. From this level we can expect a minor Head and shoulder pattern the immediate downside target would be 1873.00 which will be a good support level for the bull...
SP 500 Has managed to broke the upside trendline yesterday.From 3212.00 level it has rejected twice and makes a minor double bottom pattern and bounced after the primary touch in lower trendline.And managed broke the upside barrier we are expecting broke and Retest towards the lowerside support level comes around 3277.00 which is coordinating with trendline.From...
EURGBP After reaching the September High around 0.93000 which is a key psychological level and got some rejection due to the Strong bidding of GBP as the start of the month the economic activity is slightly rebounded as expected. Though the number of coronavirus cases are raised the United kingdom has reiterate there will be no general lockdown and in turn...
DXY After the 200 point run from 92.75 to 94.75 its gave back some of the earlier gains. And reached 94.16 today. And reached the downside trend line which is drawn from September 09 low 92.70 We have observed that DXY tend to move from 92.75 93.75 94.75 levels in upcoming days will update about the market reaction from this levels After reaching the 50%...
⚡️ The price felled below the 50% Fibonacci and 123.00 key psychological level ⚡️ And the previous price action level was broken and felled below the support level ⚡️ Risk sentiment is remain negative and in Asian session it has make a long bearish candle in 1hr timeframe ⚡️ The price is well below the 03 EMA's and the Ichimoku cloud is pointing towards...
LTCUSD Is currently trading within a downward channel and the price action suggests that the upward momentum is slowing and we can expect sudden drop like one previously happened. In longer timeframe Head and shoulder pattern is formed and felled towards 42.00 level If the price move below the current level then the expected target level will be around 40.00 ...
ETHUSD Around 309.00 area price got rejected twice and formed a Double bottom and bounced back from this level Currently the price is above .236 Fibonacci retracement level. In 4 hour timeframe we are expecting a bullish engulfing candle. And its also reached a price action level and previous lows may turn support for the bear Series of Higher high Higher low...
GBPUSD The past week has trading within a 100 pips confined range from 1.27000 to 1.28000. yesterday its reached 1.28000 and before that its got some minor rejection at 1.27000 The minor trend line from 1.30000 was acting as resistance for the bull. In 30 minutes timeframe 200 Exponential moving average is acting as resistance Currently its trading at high...
GOLD Yesterday it has broadly reached 1854.00 level which is a low volume area. And found some minor support and making a short-term rebound towards .618 Fibonacci retracement level which is a next support level for the bear. before that August 21 low 1882.425 will act as resistance If the 1895.00 level is broken then bull surely visit the 1900.00 level and may...
US500 As the economic activity hasn't picked up as expected in second quarter of this year. In some part of the US the economic slow down is further accelerating and many of the skilled and non skilled workers are unable to return to the duty. This has reflected in company growth and overall economic growth is still intact as earlier forecasted by OECD. After...
AUDCHF ⚡️ From starting of the year The price felled towards 0.53420 and making a bigger downward impulsive move which is around 20% drop from January 2020.After that the AUDCHF managed to gain most of the loses its earlier incurred. ⚡️ After reaching June high which is 0.67430 the price unable to push further trading in sideways until September 02 afterwards...