USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
JAIPRAKASH ASSOCIA, VODAFONE IDEA LTD, YES BANK, RELIANCE COMM LTD, ICICI BANK, SUZLON ENERGY LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
1. There is a resistance zone (Monthly).
2. In past Price has reversed from this zone.
3. There are four bearish candels with long wicks. Generally Long Wicks from north to south indicates Market Does not have enough steam to push upward.
4.This trade is little risky trade howwever there are chances of price hitting the target
5. RSI is moving downwards.
On monthly chart, the price action formed a cup and hanlde formation, indicating bullish trend to proceed in coming months. Now, the price action is ranging in descending triangle and the breakout from there shall decide the further movement in prices.