Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (59.673). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BSVUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6465). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.6514). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDUSD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
PPI data which is one more indicator of inflation has been in line with forecast of 0.8%. For the month of April PPI was at 0.5% and for the month of May it stands at 0.8%. In spot 77.70 to 77.80 is strong support zone . Though USDINR has pulled back little bit from its all time high. With federal fund rate to be announced tomorrow that is on 15-06-2022 it can be...
Dow Jones - Buy - Sl day low - Targets follow Fibonacci
FX_IDC:USDINR Indian Rupee at all-time low which can mean: 1. RBI will intervene next week to make the bull run slow 2. Evening star at 4 hours look promising. One should watch the next 4 hourly candle. 3. The previous high, 77.88 can be a resistance for the next consolidation. The consolidation is possible as the Dollar is at all-time high and RBI might intervene.
usd/chf selling setup ict selling model short selling
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6418). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ALGOUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
As said, a 25 bps hike has been already priced in. If somehow the RBA decided to slow down and go for 0.10% or 0.15%, AUD/USD could come under selling pressure, although if the current market’s optimism persists, the slide should be limited. On the other hand, a 40 bps hike plus hints on more interest rate raises coming would result in the AUD/USD pair surging to...
The consolidation, which started back on May 13 and the negative sentiment of investors regarding the market, indicates a significant position gained by a major player at an average price of 29,500, which can give a strong impetus to the growth of quotations in the future. The current momentum further confirms our expectations. Altcoins: A clear diagonal level is...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (8.69). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . HNTUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (21.87 ). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ETCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.853). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . KNCUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
USDINR had broken out a Triangle in the middle of Sep 21 . The subsequent move has been overlapping waves but counts well as an ending diagonal. This is a terminal move and has breached the Mar 20 high ending the larger degree pattern as well. Divergence is also developing at this high v/s previous highs. The move from 72 levels seems done and a reversal is on the...
Looks INR getting strong in coming days. USD-INR Trading at Resistance Level, Expect fall in coming days. So , who went long please keep strict SL and Plan for short in coming days
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.5044). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ADAUSDT is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Bitcoin formed a false-break from the level of $28.650, followed by an impulse movement. These facts and the pessimism of investors give reason to expect further growth of quotations, the breakdown of the level of $31.150 will give another trigger for the ascent. Altcoins: TRX , in our opinion, still looks attractive for buying, an additional confirmation of...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29906.37). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...