Forexsignals
AUDUSD at its support buy at 0.76966I will go LONG on AUDUSD because:
The price is forming a Chanel or Rectangle Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 0.76966
Target - 0.77421
Stop loss - 0.76855
XAUUSD, December , Monthend analysis, 2020Gold against Dollar , has formed a triangle pattern during the month of December , still we have 6 working days left in this month /year, this pair expected to make a breakout mode end of this week and next week, at least expect to go high of 1969 on Dec 31..
Analysis for education purpose only..
Head & Shoulder in SGX NiftyAs per the chart, SGX Nifty is showing a Head & Shoulder Pattern on its hourly charts.
Breakout is awaited.
Once a valid Breakout comes above the level of 13800, we may see SGX Nifty go to the levels of 14000 - 14100.
As of now one can keep it on his radar, and wait for the breakout to enter into the trade.