GBPUSD formation of a Cup and Handle formation on 1 hourly chart is expected to rise further. TP1 at 1.34500 and TP2 at full projection at 1.34950.
GBPUSD pair achieved all targets by completing projection of cup and handle. Reversal is due from this point. Also a major resistance here supports the SELL idea. Entry is at current level with stop loss above immediate resistance. Price may fall to 1.32150 or below.
USDCAD pair is showing a rebound from major weekly support making the second leg of double bottom. My call is BUY placing stop loss just below the said support. TP1, TP2, TP3 placed along various resistance.
CADJPY pair after a long bull run and making a double top at a major resistance is expected to reverse from here. A SELL call at current level with a stop loss above that resistance
BTCUSD is now in a bullish trend on 1 hourly and 4 hourly charts. With a tight stop loss i give a buy call here. TP1 51800 TP2 53800
After completion of downward projection of head and shoulder pattern with a sharp fall the pair is expected to bounce upwards. TP 1.66380. TP2 1.66930.
GBPCHF closing closing below a very strong weekly resistance on 1 hourly chart supports my short sell idea. On the flip side double bottom formation casts some doubts on the idea. Stop loss is placed at immediate daily resistance.
USDCAD is on a bullish track with consistent higher highs and higher lows. My stance is Buy at current rate after an hourly closing above resistance.
EURJPY pair is following a bearish trend on 4 hourly chart with lower highs and lower lows. Now closing below weekly and daily supports on 1 hourly and 4 hourly charts confirms continuation of Trend. My call is SELL.
CADJPY pair showing down trend on 4 hourly chart. It closed below significant weekly support on both 1 hourly as well as 4 hourly charts. My call is SELL on current level.
This pair is showing lower highs and lower lows on 4 hourly chart. On the flip side last daily candle is a Bullish Hammer. My vote goes in favor of Dow Theory. My call is SELL at daily and weekly resistance with a Stop loss placed at last lower low.
The pair is showing bullish behavior on 4 hourly chart. An obvious Cup and Handle candle pattern is supporting the idea. Entry is partially at current rate. Additional buying is indicated if it gives closing above immediate weekly resistance. Stop loss is placed at last higher low on 4 hourly chart.
EURUSD is following a bearish trend with lower highs and lower lows. Although the trend line is broken but there is no obvious higher high or higher low. Bearish candles are visible on 1 hourly as well as 4 hourly charts. My stance is sell at current level.
EURNZD pair is on a bullish trend on hourly chart. I can see TP at point D on ABCD pattern. Stop loss is at last higher low. Entry is at current level.
This pair is trading in a bearish channel on Daily chart. After making the last lower low it retraced to about 0.382 FIB level. Now it is back on downward path. My entry on current and stop loss at last lower high. TP1 is at strong monthly support S1. For TP2 I made an ABCD pattern which is exactly on a weekly support S3.