Breaking 1.2690 will lead the pair towards 1.2730 . Trade 1:1::R:R with 30-50pips, trailing SL of 20pips
Risk: -20 pips Gain: +20 pips Risk/Gain Ratio: +100% Theoric Probability: > 70% Actual Probability: + 85,96 % Total Gain: + 754,10 pips
Nas100 has broken the all time high, and now currently in consolidation, If this bad boy comes back to the region then the probability is that its gonna shoot up again. Keep your eyes on this one too!!
The counter GBPUSD was travelling in the resistance trend line from 30th April which has been tested at the price twice at the prices 1.2467 and 1.2297. On 19th May the bearish trend came to an end by breaking in the resistance trend line at the price 1.2258. Now the current trend is bullish and the counter is travelling in the ascending channel. We prefer going...
Hello Trader, Here is the full analysis of USDSGD : 1) On the 4hr chart we can see it as formed Cypher pattern and possible reversal expected. 2) Price is in a strong support zone and can test this zone for up move and if it respects this zone one can expect up move in the stock . 3) If it breaks the support then wait for the next retracement downside to take...
Hello Trader, Here is the full analysis of CADSGD : 1) On 1hr chart we can see it as formed crab pattern and possible up move expected. 2) There is a strong support at 1.02655. Watch out these levels before taking a intraday long call. How can you support me: 1) Like my idea. 2) Follow me for more analysis Feedback: Please share your feedback in comments and...
The counter NZDJPY is travelling in the support trend line from 18th May which has been tested twice at the prices 65.64 and 66.34. The counter is in the bullish trend and it is expected to continue for a couple of days, so long is preferable for this counter. The stochastic indicator curves also moving towards to the level 80 i.e. the counter is in the bullish trend.
I AM EXPECTING A SHORT MOVMENT IN EURUSD FROM 1.0978 TO 1.0948
BUY USDCAD FROM 1.3800 FOR TP OF 1.3840 AND CAN GO LONG TILL 1.3950
There is a possibility of breakout on either side on CADCHF D1 chart, be ready for both the possibilities to gain a minimum of 100 pips, most probably it’s going to break downside, but we always suggest to trade with breakouts, and exit the trade when the heiken ashi candle turns to the opposite color, no need of TP, just keep trafi long your SL
last week, last 2 days , price have pushed lower from 118.700 to 117.200, this bearish trend expected to continue till 116.00, May it gives a new setup to start the June month from the lower price
British pound against Dollar , have been travelling down most of the May month.. End of the month it looks to finish lower around 19500, Expecting the price may go higher at the starting of June Ist week. till that it looks like controlled by bears.
USD against Japan yen pair, looks in control of sellers this week..108.00 has stays as a strong resistance zone for long time.. it may retest the area of 106.750 and reverse up at the final stage of the week.
NZDUSD pair has been trading inside a broadening triangle pattern since starting of May, it seems like close with bearish movement at the last week of the month, might me it will take of from the price of 0.58500.. this week we can expect a bearish rally ..
Anticipation over XAUUSD reach of 1800 have been exceeding among the traders, Its proved that a Resistance area is there around 1750, in spite of last week break out till 1760. Fails to go up and again retested 1716 last week. Reversal bar in Weekly chart shows gold may retest down area around 1710.. close to the weekend and Month end Gold starts the journey of...
We can see a clear ASSCENDING WEDGE PATTERN FORMATION on AUDCHF Currency Pair In D1 Chart which may result in breakout either side, our prediction is that it might break downside itself because it has just now retested a heavy resistance 3 times which can even be considered as a TRIPPLE TOP FORMATION, But take your trades based on breakouts and enjoy with a...
We can see a clear rising wedge formation on AUDJPY and there is a very high possibility of breakout of support, if it does then there is a chance of going on SHORT on this trade and get a minimum of 500pips in your pocket