Hi Gold traders, Here i am giving you price action analysis of Gold against Dollar pattern, Have witnessed the sideways market on last week . technical analysis tells us the price sitting at the strong Resistance area at 1810 to 1815, Confluence support area at 1801 may send the price up till 1829 this week , since we closing on end of July can expect a reversal...
Dear traders, Have a great trading week ahead, Pound against Japanese yen, have been trading sideways in day chart and in 4 hr chart its trading in falling wedge pattern, previous resistance zone between 133.750 to 134.150 area now act as a support zone , this week price expects to favour bullish moves upto 136 from technical perspective..when fundamentals...
Hi traders, Wish you more success, GBPUSD has traded almost in the sideways from July 7th, looking like this price movements bounded by triangle pattern, last friday price strongly rise from the support in the 4 hr chart, may push the price up,,else will go down towards the major resistance of 1.24 area but price action supports the price to go bullish...
GBPCHF looks like bearish trend this week..according to price action
Hi traders, Have a great week ahead, Pound against Yen, is trending upwards towards the resistance of 134.400 and the support of 134.870 in the starting of the week, and expecting the trend will be bearish till the major resistance of 133.600.. Note- Weekly price action analysis based on technical..movements subjected to change also
Bank nifty price action analysis supports bearish trend with Rising wedge
Hi traders, Happy to share the weekly analysis of GBPUSD, for last months the pairs price is trading between a boundaries up and down.. and now its in a pattern of symmetrical triangle and end of last week , it trades near the resistance zone and made a reverse .. and the price moves down towards support area this week around 1.24 area.. thank you all. note -...
Hi all, Have a great trading week ahead, Gold against dollar pair touches the 2nd ever high price of 1817 last week, last 2 days of the week this pair seen the bearish momentum with the reversal candles.. expecting this week the selling pressure continues half of the week till 1775 at least, again it may reversal to reach the area around where it starts according...
Hi traders, Have a great trading week, Pound against Yen pair, 134.500 remains long time key area for GBPJPY , even though this pair seen some down side on friday last week, this pair looks to retrace the resistance area of 133.00 and it may go upside towards 136.00, Thanks to all. Note - Prediction based on price action analysis, fundamentals also have...
Hi traders, wish you for successful trading week ahead, GBPUSD pair looking to go up during last week, but its not successful for GBPUSD of being bullish..1.25000 price area which turned a support area into a resistance zone send the price down during end of last week..hope the downtrend continues for GBPUSD atleast 1.23 area during the mid of the week.. may...
Hi traders, Wish you for more profit in the coming week, Last week the Gold against dollar pair price went up and came down as predicted.. it touches the yearly high of 1790 and retraced 1758 - 1760 area twice in a week, I stick with the my Rising wedge analysis given last week, it can be a long term signal too .. may gold go down to 1700 area.. This week this...
Dear traders, Wish you all for more successful trading days, Pound against dollar pair has closed in a lower price mark than the previous week, makes this pair to looking for a bearish week . expected to retrace the 1.24500 mark before going down.. If it breaks above the level of 1.2500 , then it may go bullish .. lets watch how GBPUSD starts july Note- Price...
Hi traders, Wish you for the profitable week ahead, Last week the pair touches the yearly high of 1778, and from the technical perspective Gold will looks to go downwards it seems, it reaches the resistance area of 1777 and this pair has formed a RISING WEDGE PATTERN during the period of june month, this pattern shapes the Gold's July fate.. lets wait and watch...