Pound against Dollar analysis has a strong resistance 1.24, and it will looks to land in the support of 1.21 area , bears will mostly dominate this week possibly, this pair tries to form a Head and shoulder pattern this week..
AS WE CAN SEE AUD/NZD IS STRUGGLING TO MAKE NEW HIGHS THAT COULD ONLY MEAN THAT THOSE WHO EVER IS BUYING FROM DOWN HE IS OUT AND LOOKING FOR A BETTER PRICE TO BUY. SO THIS PAIR COULD ROLL BACK DOWN 1ST TARGETS ARE AT 1:1 RR SECOND TARGET ACCORDING TO YOUR PLANS
he weekly is turning up. The daily right side is down against the 76.96 highs from 10/3/18. The 4 hour right side is down against 65.78. While below the 4/3/20 highs where the hourly is turning down it can see weakness toward the 16.00 area before correcting the cycle from the 4/23/19 highs.
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valied & Fake break out can be identified by RSI and other indicators
GBPUSD is fails to break the strong resistance level of 1.25000, Price under the control of bears and it clearly shows the path towards down , this week it may touch the price of 1.20000 and further more, hope it will turns up from 1.19 price...
JPYAUD for long as soon as triangular pattern breakout
USDCHF 4 CHART BULLISH SUPPORT & RESSIDENT BOX CROSS BUYING ZONE OANDA:USDCHF
Crude is favored ended correcting the cycle up from the 12/24/2018 lows at 51.05 on 10/3/19 where the 4 hour is turning up. The wave (1) cycle from the 10/3/19 lows has ended at 65.68 and while a bounce fails below there expect another swing lower to correct the cycle from the 10/3/19 lows.
If we get to clear that "C" area marked up on the chart, we can expect the price to go short a few pips till ADR is maxed out But, if that does not happen, we have to prepare to look for some bullish move because that what the TDI is still telling us from yesterday session Remember that the 200 EMA is a big reaction point for the price A good exit point will be...
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As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=1.2605. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=1.267. TP4: R2=1.2705. Set the stoploss of these orders at breakout of S2=1.2585. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
Gold pair moved higher but still remained in trading range after holding support level on Tuesday.Stronger than expected US home sales buoyed the dollar, which continued to move higher on Wednesday. As technically the Gold trading in the range of 1260 to 1285.00,Prices appear to be forming a bear flag pattern after breaking down last week below support near the...
19 April 2019 Long EUR/USD @1.12367 StopLoss 20 Pips @1.12167 TakeProfit 20 Pips @1.12567
16 April 2019 Short EUR/USD @1.12982 StopLoss 20 Pips @1.13182 TakeProfit 20 Pips @1.12782