Note: This is for educational purpose only. Channel broken with high selling volume. This is a confirmation for downtrend. There might be some consolidation before further downfall.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.2403). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Midterm forecast: . While the price is above the support 1.0990, beginning of Uptrend is expected. . We make sure when the Resistance at 1.14950 breaks. . If the suppor at 1.0990 is broken, the short-term forecast -beginning of uptrend- will be invalid. Technical analysis: . The ascending flag taking shape suggests we will soon see another leg higher. . While...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.949). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance....
Note: This is for educational purpose only. There seems to be a formation of wedge pattern in USDINR forex pair. RSI below 50 shows loss in momentum. Need to wait unless the channel is broken.
USDZAR, wait for the price to come to the zone, its a sell!!
The trendlines as well as the indicators indicate the overall movement of BTCUSD and give a better understanding regarding the expected price movements.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3645). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trade Details: Enter long at 0.64435 with SL of 0.64300 and Target is 0.64595. Reward - 160 Points Risk - 135 Points Ratio - 1 : 1
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6835). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3575). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.246). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (9513.5). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.122). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (231.07). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ETHUSD is in a range bound and the beginning of 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 suggested support line (0.643). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
New trading suggestion: * The price is in a range bound and we forecast the uptrend would resume. * There is still a possibility of temporary retracement to suggested support line (15.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. * If you missed our first HUNT, you have a second chance to buy above the...
1. India VIX is the volatility index of Indian stock market, which depicts the expected market volatility over the next 30 calendar days. i.e. higher the India VIX values, higher the expected volatility and vice-versa. 2. It is computed using the best bid and ask quotes of the out-of-the-money near and mid-month NIFTY option contracts. 3. The variance for the near...