POUND AGAINST DOLLAR , shows the uptrend at starting of the week , Strong rise from the Support and 21 EMA may push the price up, looks like ready to break the 1.32 resistance line,will go up , mostly buyers participation expected in GBPUSD party
Oil against US dollar , WTI price stays at lowest point of long time, Rejection from the support area pushes the price higher to its Resistance line, Dollar strength will decide the price rises from its position
Dollar against Japanese yen may go down from 108.00 to 105.900 in result of USD weakness, chances are there to bounce back from 106.00 to go higher prices
Euro against US Dollar , Pairs travels within the Symmetrical triangle pattern from the Ist of April, Last week it failed to touch the upper line of Resistance but touched the patterns bottom, This week it will touch which it failed to do last week, expect to fill the pattern by going south..
Australian dollar against USD set up suggest Bullish movement with a pin bar after a long bearish candle, a cluster accumulation of price over the last 2 days of the last week shows the pair has enough momentum to break the upper Resistance line
Gold against dollar pair expected to take the support of the area 1678 to 1680 zone to turn it to Upward, In spite of its Doji Candle in Weekly chart, it shows resilient to go up, Weekly Doji candle is closed outside the previous candle makes it powerless. Hopes the Bulls march will continues this week also. Note- Weekly analysis purely based on price action and...
Gold against dollar's bullish run looks like decided its destination on 1675, and 1675 become the key area to decide its fate ,if it breaks it will go high , else it break out the resistance to take control by the bears...
Gold raises gradually from its fall of 1450 and after breaks the price of 1600 , its gains momentum .. and it gains strength to show its new high.. this week it will try to pierce the level 1660..if it breaks go high else ....
EURUSD setup indicates in favour of bearish momentum in the upcoming week, It looks like to retest the resistance level which have been maintained from 2017, it moves towards the price 1.05 down.. short term sell signal could be from 1.07976 to 1.06950 sell signal
GBPUSD is fails to break the strong resistance level of 1.25000, Price under the control of bears and it clearly shows the path towards down , this week it may touch the price of 1.20000 and further more, hope it will turns up from 1.19 price...
Last week , it ends up with the sideways movement , and it passed up over resistance line, If that resistance line turn into support .. then the Gold going to see the new high during this week. Analysis made based on pure price action.. not fundamentals
GBPUSD resumes the last friday upward rise till 1.2700 and it has a chance to retest the level of 1.2200 , then continues it upward rally.. it can be a monthly analysis also.. based pure price action analysis.. not based on fundamentals..
EURUSD continues its strong reversal occured on last week, and expected to continues its bullish momentum, before that it will retest the significant price level of 1.10000 and will rise higher at later half of the week..analysis from the perspective of technical analysis and price action..