USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
JAIPRAKASH ASSOCIA, SOUTH INDIA BANK, ADANI POWER LTD, RELIANCE COMM LTD, DEWAN HOUSING FIN, SUZLON ENERGY LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
The EUR/USD pair has formed a wolfe wave. Now it has crossed the 5th wave. It has been also In the Elliot full wave correction So we expect a bullish movement up to the value @1.18500 which is also a good resistance zone.
Buy the pair once it crosses the trend line
The daily chart of the dollar index has formed a Full Elliot Wave.
It is due for a correction in the form of ABC Wave.
Also there is a possible double top pattern forming in the counter.
The pair has also formed a evening star pattern in the candlestick.
So as per the above analysis,we can expect a strong a downside in the Dollar index.
Kotakbank formed ABC pattern and now breakdown down side range so C line target is 900 as there resistance level at 973
Silver is possibly undergoing a fast three-wave correction that has retraced 50% of the previous cycle advance
$17.40-17.50 is potentially a strong support cluster and warrants a look for Long trades
USDCAD is giving an ABC correction and I would expect it to rise towards 1.3400 level as Wave C of the correction. Details are on the chart.
ACC is giving a Short Setup.. After a large rally ACC gave a 5 wave decline correction from 1740 to around 1590 Levers after which it has moved back up again in what looks like a 3 wave corrective pattern indicating that it will go down again for a Wave C or Wave 3 correction down. One can short the stock at current price levels with stoploss just above 1740 and ...