USDINR in a range b/w 75.40 - 77.26 ..In last trading session INR shown strength and touch 76.38 level .Now once bear start moving below 76.35 can push towards 75.95. 21th April is major trend change date. Weekly Trend Change: 76.67 Weekly Resistance:76.95,77.25,77.51 Weekly Support:76.25,75.95,75.55 Levels Mentioned are for April Contract of USD INR
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.4040). 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....
FX_IDC:USDINR 200EMA SUGGEST A UP MOVE
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.4020). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Pretty decent for paper trade! Follow levels for buy and sell. Can achieve much higher targets!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9725). 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 above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0830). 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 below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.2406). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Analysis are mentioned in the chart. Wait for the breakout to enter the trade, SL will be low of the flag or there are many other ways depending on your strategy. I hope you learned and earned from previous JYPINR chart if you missed it look into it, I have attached a link of it. Please shower some love and show some support so that I can keep sharing ideas...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (7152.05). 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....
USDINR where it's heading next? Put your opinion we will discuss if possible.
Finally, That long consolidation pattern broke out and the price seems to respecting 75.84 level which crucial to maintain further up move. if it happens taking support at 75.84 then 77 and 78 on the way. Reasons: 1. Price broke out the long consolidation pattern Triangle, pennant . 2. Keeping in that RSI still deviating but price structure is still bullish . 3....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.239). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a...