The pair has made a bullish flag pattern on daily Timeframe. Entry can be placed at break of pole to avoid any fakeouts with target projections mentioned on the chart.
AUDUSD have shown some strenght annd broken ot of its faling wedge pattern accompanied bt bullish divergence on 1h TF. Now major resistance lies 0.62100-0.62160 if it get surpassed from there entry can be taken at CMP with SL below the low.
The pair have taken support of long term trendline and formed a billish candle. Entry can be taken at CMP with Sl the last HL.
As the US pairs are showing volatility and $ showing strenght USDJPY seem to be in retracement mode and preparing for the next move up. Entry can be taken at CMP and SL the last HL which the pair made.
GBPCAD is in down trend on 4h TF. A shorty p [ostion can be taken at its 0.5 fib level with SL above its last LH. No divergence is seen on this TF.
The AUD is has shown sign of weakness after its rally in 1h TF. First formation of bearish divergence accompanied by head and shoulder reversal pattern indicate that it might be ready to move down. Entry can be taken at break of neckline with SL above the head.
The pair have shown sign of bearishness by forming bearish divergenc on 1H TF. Entry can be taken at break of confluence zone with SL above the last High.
The pair is in bullish trend and have just take breather. priced bounced at 0.38-0.5 fib level giving an opprtunity to buy.
The harmonic pattern bearish ABCD pattern completed it formation which added the downtrend of the pair. The price hae moved to potential reversal zone and formed a bullish divergence indicating the bulls might be taking some charge. In Order to show strenght bull need to take out last LH and form a new high to change the trend.
The metal took a long beating from 34$ to 30$ and was in douwntrend, but now it have started to show sign of bullishness. The metal is about to broke it long term downtrend line after encountering good support zone of daily and a bullish divergence on RSI. The metal needs to be watched carefully and entry can be taken only once it break the it LH @ $32.
The pair continue its downward fall. after showing some sign of bullishness on RSI the pair only made it to downwared trendline which accelrated its downfall. After touching key level at 0.5 fib retracement level entry of short canbe taken.
The pair had made a bullish divergence. There could exsist a potential setup after it break it last LH.
The pair have shown sign of weaknness and printed a HH in price while a LH in RSI showing bearish divergence.
This is moving wildly up and down without giving any idea of its direction where it is heading. On 4H TF i believe it is consolidation phase after brearking away from its downward trend. Trade plan: Two confluence are present once bullish divergence on RSI and consolidation box bottom can be the reason that pair might move upward. Entry can be taken once the...
Gold has been breaking it historicall highs and have been in up trend. Altough in last few days it have eased down but at the end of the month it is consecutively ending in gains. Looking at it on 4h TF it has unable to cross its resistance zone of 2530, rejected 3 times. the underlying trednline support keep pushing the price higher with mutiple retest of this...
The pair has given a big bullish candle breaking it's trendline resistance and complimenting it's bullish divergence formed by RSI. This move still not strong enough to put confidence in this bullish move. The bulls need to show inspiration and move the pair up breaking it previous HH. Currently the pair is moving around its 0.382 fib level. Trade Plan: Once the...
In the previous sessions the pair was under volatility move. After breaking the previous low gving confirmation of downtrend. Currently the pair is consolidaing giving no clear direction of where the pair is headed. Support and resistance is marked on the chart. But as per my analysis the the consolidation will break down as it is bearish rectangle...
After making a new High the commodity made a downward Trend and started to fall. The down move was anticipated as there was bearish divergence on RSI. Currently the peices bounced back again and is currently trading near the fib level of 0.5 plus a downward trendline. These confluences are good to go short and move with the trend. Trade Plan: Keeping the market...