I was waiting for EURNZD to reach to this level , We can go short from here and can make SL 40 Pips and RR Ratio 1:1.5
It touch 68 fib level and sellers are getting week in the market. We can see bounce back to next fib level.
Prices are moving up in an impulsive manner. One should buy on cmp or any dips, keeping SL of 114 look for the tgt of 117
eurinr is nearly break out if you are trading in this currency wait for right entry and enter the right candale Conformation and risk rewardt ratio is 1:5
As the currency pair has broken out there is a possibility of a rally. We can enter at the point of retest with a SL below trendline and a target neat swing high for a RR of 2:1. The price may rally or retest the trendline before rallying further.
USDCAD 20210728 Buy near @ 1.25300 stop loss around 1.24800 Target of 1.277
EURINR inside a channel on downside at Day timeframe.Will remain sideways until breaks on up/down side of channel
EUR/INR dupport level- 85.6291 if market take this support level you can buy EUR/INR.
GBPINR has consolidated a bit after the fall. A pullback was seen and the support perfectly became the new resistance. Now a fresh short position below the trend line for the targets as mentioned along with stoploss.
Current structure suggest that EURUSD has formed an ending diagonal. One should go short in the region of 1.21250 & look for the immediate target of 1.1950
The chart seems to form a perfect M top with a clear diversion and as per the Steve Mauro setup it is expected to continue the bearish trend. GBPINR broke its trading range to make its new high and it is bound to be intervened as per fundamentals.
This is my additional view for GBPINR, checkout my initial call from 99 levels which also running. A Single Day Close Above 103.41 & We'll See GBPINR Above 107 Strict SL - 99.2 (WCB) Risk Reward - 1:1, 1:1.5
Big Breakout On Cards Buy At Cmp 101.28 Strict SL - 96.95 (Weekly Closing Basis) Target - 113
The poke above the neckline & an abrupt reversal suggests that the move was a corrective sequence against a downtrend. EURUSD should resume the downtrend against the high made in yesterday's session. Any rise should be taken as selling opportunity for minimum target area of 1.1800 region.