Hello trading friends, HOPE My posts are helping you to understand the logic. #USDJPY sell at 136.15 SL 136.34 Target 135.8 . #FOREX #Currencypair NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital. Happy Trading
Might happen because we are continuously creating new lower lows
Best resistance level is 9.55 per trendlines. Targets. 9.4 / 9.36. Trend line at 9.2 give best support for buyers. Disclaimer: I just share my view. Please trade with your own analysis.
DXY breakout from resistance. Next target 108. Emerging Markets and Euro Zone/ Japan currency will be in trouble. USDINR may also break 83 levels soon. Once USDINR breaks 83.15 levels, 84 will very soon.
#USDINR #CURRENCY #BEARISH #SHORT INR looks strong for swing trade or for short term
FX_IDC:USDINR Analysis on 12th December 2022 >Wave Count - Possibly Beginning of Correction Wave C on bigger cycle. >Strength - Between the both the tops shown in chart there is a Berish Continuous Divergence.
We can take long position in USDJPY as it has given a hammer pattern and has closed at very good price so from current levels we can see a sharp spike up to 140 with SL below 129.20 and we can expect a target of 3-4:1.
USD-INR after such a steep rise looks like it is in the 5th wave of bigger degree . Within this bigger 5th wave, which should ideally be the last wave of a Major Rise, normally consists of 5 sub waves in smaller degree . Now, Market is looking in 3rd wave of sub degree of bigger 5th wave that I was talking about in the previous two lines.
Market Mood: 08 December 2022 (nifty, bank nifty, stocks, commodity, currency, and globalmarkets)
USDCAD grinds lower inside a bullish chart pattern. That said, the 50-DMA hurdle surrounding 1.3570 guards the Loonie pair’s immediate upside before highlighting the flag’s upper line, around 1.3620. In a case where the quote rises past 1.3620, the odds favoring a run-up toward the monthly high of 1.3976 and then to the 1.4000 psychological magnet can’t be ruled...
Market Mood: 25 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)
EURUSD stays on the front foot after successfully breaking a one-week-old descending resistance line, now support around 1.0290. The upside momentum also crossed the support-turned-resistance line from November 04, close to 1.0370. That said, firmer RSI and bullish MACD signals keep the buyers hopeful of keeping the reins beynd the 1.0370 hurdle, which in turn...
Market Mood: 24 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)
Market Mood: 23 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)
Market Mood: 22 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)
Market Mood: 21 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)
Market Mood: 18 November, 2022 (nifty, bank nifty, stocks, commodity, currency, and global markets)