Next level of participation for fresh shorts in Aussie
Euro is about to give one last short move and then big UP move in coming days - Watchout - Some serious pips to be made
USD/JPY the most favorite trade now a days globally accumulating targets 107.50. Technical : This pair is little influence with technical but support and resistance matters in this pair in terms of technical .apart from it we are looking for channel as I have nicely mapped over daily but for short term trader I have marked it with 4 hr chart with recent channel...
A bearish cypher seems to be emerging on the FX_IDC:USDMXN 4 hour chart. A limit Sell order can be placed at 21.7887 Target: 21.4403 Stop: 22.0654 A 1:1.26 Risk Reward Ratio
The FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart. The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow...
There seems to be a potential bullish Bat Pattern forming on the FX_IDC:USDMXN 15 mins chart. Entry for long: 20.9231 Take Profit: 21.0872 Stop Loss: 20.8402 A good risk reward ratio of 1:2
Watch break out price may reach to 1.28 level
Symmetric Triangle on EURUSD and it may break either side. Trade for Long: Buy above - 1.05490 Target 1 - 1.05780 Target 2 - 1.06070 Stop loss - 1.05105 Trade for Short: Short below - 1.05100 Target 1 - 1.04870 Target 2 - 1.04505 Stop loss - 1.5490
Today the market is almost at the same point it was a year ago. So during the year the market at seen quite a bit of a roller coaster. This year the Indian indices have been strongly affected by the USD strength. This chart is a correlation between the two variables, the USD and INR. The chart on the top shows a strong negative correlation between the two...
* Falling trendline breakout * Triangle breakout * Trading above pSAR