The euro remains technically weak against the US dollar, further placing the pair in a vulnerable position going into the FOMC interest rate decision later today. Bulls inability to break the 1.1160 resistance level is placing the emphasis back towards more EURUSD downside. Only a sustained move above the 1.1187 resistance level can put the pair on more certain...
The US dollar has pulled back from the 109.00 level against the Japanese yen currency, following bearish comments from President Trump towards Sino-US trade talks. A bullish inverted head and shoulders remain in play, with the 110.00 level still the favored target. Continued technical failure before the 109.00 resistance level will eventually start to weigh on the...
Litecoin remains technically weak headed into the monthly price close, as the popular crypto struggles to regain bullish momentum. A large monthly reversal candle and a monthly price close below the psychological $100.00 level should be considered bearish for the LTCUSD pair. Overall, continued selling down towards the $70.00 level remains the favoured...
Previous support existing at 28530 and intraday target 28342 of Chanel. Finally, intraday support is at 28340 nearby. We may see a pullback 11 o clock nearby. Refer to last research of BANKNIFTY.
Ethereum is starting to appear technically weak as the second-largest cryptocurrency continues to suffer multiple rejections from the $220.00 to $225.00 resistance area. The major catalyst for ETHSD downside will likely be a breakdown in the BTCUSD pair. Overall, more downside is favored until we see the $225.00 level convincingly broken and the bearish head and...
The euro is continuing to move higher against the US dollar after sellers failed to move price below the key 1.1100 support level. EURUSD bulls need to move price above the 1.1187 level to encourage further buying towards the 1.1215 resistance level. Overall, bearish momentum will start to grow if bulls fail to overcome interim resistance around EURUSD pairs...
The US dollar continues to move higher against the Japanese yen, with the pair moving to a fresh monthly trading high on Tuesday. The 110.00 level is the preferred upside target for the USDJPY pair now that the 109.00 resistance level has been breached. USDJPY bears may also be looking to sell into strength around the 110.00 level if Sino-U.S trade talks fail to...
HighLight tail with Yellow color at value low. -> Tail detect each time when price taken U-tur n. Wave counting 5 are completed. Gravitating price is at 11270 as target. Trade above 11150 will be target 11268-11280
IT IS IN SUPPORT LINE AND IT ALSO FOLLOWS A HORIZONTAL CHANNEL.SO IT HAS A CHANCE TO GO SIDEWAYS.
IT HAS CONTINUOUS BEARPOWER. SO IF IT BREAKS THE SUPPORT LINE IT MAY FILL THE GAP WHICH WAS FORMED AT RS325.
IT HAS STRONG BEAR FORMATION SO IT MAY GO DOWNTREND.IF IT BREAKS THE S1 LINE IT HAS A CHANCE TO GO UPTO S2 LINE.
NIFTY50 will most probably find support around the trend line. Wait to buy when it forms support around the trend line. If it breaks the trend line it may find next support around 11426 as it might fill the gap. WAIT FOR SUPPORT OR BREAKOUT AROUND THE TREND LINE. ALSO, support is present at 11360. If the trend line breaks the first target can be 11426, the second...
The euro has started the new trading week slightly firmer against the US dollar as bulls continue to defend the current yearly trading low. If bulls continue to defend the 1.1100 support level the EURUSD pair could eventually reverse back towards the 1.1215 area. A move under the 1.1100 level should see the EURUSD pair performing a bearish breakout towards the...
Bitcoin is starting to turn more bearish on the daily time frame after a series of bearish price closes below the BTCUSD pair’s former monthly trading low. A breakout below the $9,100 level exposes the BTCUSD pair to further losses towards at last the $8,400 level. Bulls need to move price above the $10,750 resistance level to encourage another attack towards the...
The British pound has opened the week on the back foot against the greenback after a heavily bearish price close below its former yearly trading low. The 1.2350 level offers the most significant technical support for the GBPUSD pair below the 1.2380 level. Bulls have major work ahead to move the GBPUSD pair back the 1.2525 resistance level to shift the bearish...
IT IS IN SUPPORT ZONE5.SO WE HAVE TO WAIT FOR SOME MORE DAYS TO KNOW WHETHER IT IS IN UPTREND R DOWNTREND.
ALREADY IT CROSSED SUPPORT ZONE STRONGLY AND ALSO IT HAS STRONG BEARISH MOVEMENT SO IT WILL GO DOWNTREND UNLESS IT FORM STRONG BULLISH SIGNAL.