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traderpulse Updated 

The daily chart of CHF/JPY has formed a bearish flag pattern. The pair has broken out of the flag pattern and is currently retesting it. Similarly the RSI has also broken out from a ascending channel. Hence we expect the pair to be bearish and the selling pressure to intensify further.

traderpulse Updated 

The 4 hour chart of EUR/USD has formed a Full Elliot wave pattern after the symmetrical triangle breakout. we expect the pair to be corrective pattern before another impulsive wave downside moves. we advise traders that do not enter short trades now ....! wait for the short set up

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The EUR/AUD pair is currently in a downtrend after being broke out from a symmetrical triangle. It is currently facing pullback which can be construed as a bearish flag pattern. We expect the pair to be bearish once it breaks the flag pattern.

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The GBP/JPY pair is in a strong downtrend in longer timeframes. The bulls tried to put on a show but was bogged by a head and shoulder and then they tried to resilient effort to revamp a buy trend but the neckline of head shoulder is acting a strong resistance. But, an ascending triangle is in the making just below the neckline. The breakout either above or...

traderpulse

The EUR/USD pair is in a strong downtrend. It witnessed some buying at lower levels yesterday but it failed to hold on to the momentum. The bulls were not confident to buy at higher levels and the pair is facing substantial resistance at the supply area marked by us in the chart. Hence we expect the pair to make a face selling pressure for now and the supply area...

traderpulse Updated 

The dollar index has formed a head and shoulder pattern in 30-min chart. The pattern has formed after a long uptrend and the neckline has been broke. Hence we expect some profit booking in the counter which can result a throwback.

traderpulse Updated 

The 1 hour chart of USD/CAD has formed a bullish bat pattern The descending trend line also has been broken the RSI indicator so, it is expected to be bullish for the short term

traderpulse Updated 

The 4-hour chart of CAD/JPY has formed a bearish cypher pattern. We expect the pair to make a bearish move and find support at 83.762.

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The precious metal is in a strong downtrend in longer time frames. But it showing tractions in the shorter times. It has formed a bullish bat pattern on 30 min chart. Hence we expect the counter to be bullish for short term.

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The 4-hour chart of USD/CAD has broken its downtrend formation. It has made a higher high and also broken the neckline of the head and shoulder pattern, which initiated the downtrend. We advise the traders to catch the trend early when the pair makes a dip. Traders can long on a dip when buying cues cast on shorter time frames.

traderpulse Updated 

As suggested by us earlier, the EUR/USD is in the process of forming sideways ABC corrective wave. It has taken support at the supportive trendline and we can expect a short bullish move for the time being

traderpulse Updated 

As we discussed earlier, Dollar has completed the formation of triangle ABCDE corrective wave . It can be also interpreted as a Ascending triangle pattern which is a continuation pattern. Hence , we expect the pair to make a upper side breakout and hovering for the fifth Elliot wave from now.

traderpulse

The GBP/JPY pair has formed a bullish head and shoulder in 15-min chart. It is currently retesting its broken neckline. We expect the pair to be bullish,until it stays above the neckline, for short term

traderpulse

The EUR/GBP is currently in an ascending channel in daily chart. It currently facing resistance at the upper trend line. The pair broke an descending channel earlier which is indicated by red line in chart. We expect the pair to take support at the broken trend line or to move towards lower trend line.

traderpulse

The 4 hour chart of EUR/AUD shows that the pair after breached out of symmetrical triangle and retested it with a short set up. The pair has been in the formation of Elliot wave pattern in which after the corrective moves it is expected to be another bearish impulse move for the 5th wave.

traderpulse

The 4 hour chart of USD/JPY formed a bullish bat pattern So. It is expected to be bullish for short term and would reach the target

traderpulse

As suggested by us earlier, the dollar index is sizing up for a long term bullish move. The index has formed a small full elliot wave and is currently undergoing ABC wave. We construe this full Elliot wave and ABC correction to be 1 & 2 waves of a long-term bullish wave. Hence traders should hold the line by holding on to the trend line- buy the index as close to...

traderpulse Updated 

The NZD/USD pair has formed a bullish bat formation in 1-hour formation. We expect a pull back in the short term upto 0.67504.