🥇XAUUSD , After touching the weekly high of 1779 price mark, looking downwards to retrace 1742 on the final day of the week.. Let see
Dear traders, All the best for new trading week, Pound vs Dollar pair in the bullish trend for last 3 weeks are so, price action set up and price zones still enhances the move of upwards, this pair finds strong support at 1.25 area which retraced at last week last day, price looks to breaks the upper resistance of 1.27500. trend likely to continue till 1.31...
Hi Traders, Wish you for the new week of trading , Dollar against Japanese yen have been bearish during last week, when it finishes on friday it came up to touch 107.600, where this same price zone acted as support for long time last few months now this area turned out to be a strong resistance zone . So this week USDJPY may be continues its bearish run till...
Hi traders Wishes for the new trading week, Pound against dollar, shown the tremendous upside buying opportunity last week, price area of 1.2700 shows some resistance at the end of Friday session, This week the pair may come down to retrace 1.26 area and may go up , if the current resistance shows resilient, lets wait for the price action this week, all the...
Last week , it was a action packed week, gold pair showed its unpredictability where bears suddenly dominated in the upper trend.. this may be happened due to dollar weakness, This week if this pair breaks below support of 1672 it may go further down around 1650 area.. else will go high to touch 1712 to 1720 area Note- Analysis based on Pure technical point of...
Will it pierce the Resistance of Decade, Hi traders, have a great weekend, Last week it was a game of one side according to EURUSD, go up and up after the dip of March,and it reaches the high point of resistance where finally finds some resistance..but the fundamentals are seems to be against the resistance are to see the new high of 1.16500 else the resistance...
Gold against dollar pair with a familiar pattern
Do you think, this pattern is applicable for EURUSD at this moment?
Silver price action gives a bearish idea , it may go down to touch 15.8.. from there it may start the new month price action..
last week, last 2 days , price have pushed lower from 118.700 to 117.200, this bearish trend expected to continue till 116.00, May it gives a new setup to start the June month from the lower price
British pound against Dollar , have been travelling down most of the May month.. End of the month it looks to finish lower around 19500, Expecting the price may go higher at the starting of June Ist week. till that it looks like controlled by bears.
USD against Japan yen pair, looks in control of sellers this week..108.00 has stays as a strong resistance zone for long time.. it may retest the area of 106.750 and reverse up at the final stage of the week.
NZDUSD pair has been trading inside a broadening triangle pattern since starting of May, it seems like close with bearish movement at the last week of the month, might me it will take of from the price of 0.58500.. this week we can expect a bearish rally ..
Euro against pound , have the nearest support area at 0.89, and this week it will repeat the retest of area 0.90 and it will tend to fall against the pount..in the coming week..so this week. it may have sideway movement between 0.90 and 0.89
Anticipation over XAUUSD reach of 1800 have been exceeding among the traders, Its proved that a Resistance area is there around 1750, in spite of last week break out till 1760. Fails to go up and again retested 1716 last week. Reversal bar in Weekly chart shows gold may retest down area around 1710.. close to the weekend and Month end Gold starts the journey of...
Eurusd pair is not traded with enough volume last week, looks bullish and might get into a breakout trade..
EURJPY may make a upper trend this week, seems like a good opportunity