US Oil has been bullish right from October month , and hope it will continue the upside momentum to 42.00 price area.. this week it will have good upside move.
Silver against Dollar pair looks to go up in initial part of the week, and it looks like going down as per Price action analysis
Pound against Dollar pair, has almost trended sideways during last week, it looks like go upside at the starting of the week to 1.30 area, there it may counter a resistance to move down to 1.27600 price area
Euro against Dollar pair, is looking bearish in the 3rd week of October, When you see the monthly chart, bearish Engulfing September month candle still expect to send the price down , in short term view, we can expect the price go down till 1.16 area this week Note - Price action analysis for education purpose only
Last week bearish scenario in Gold against Dollar pair, may continue this week, price may go up to the price area of 1925 , where the Resistance for this set up, from there it expected to continue its bearish move this week, Note- Analysis given for education purpose...
It looks like Gold against Dollar trying to form a Head and shoulder pattern, in order to raise again atleast till 1930 area..
If it breakout out below the support, might have a chance to go till 1.77 area, but it looks like go off the support and bullish atleast up to 1.83 area..but it can be the pair to lookout for the week
Euro against Dollar, raising right from October Ist , and similar to Gold , this pair also in upbeat against Weak Dollar, Expecting this pair may turn after 15th or 16th at the price from 1.18500 area..
Gold against Dollar, have been seeing the bullish trend right from the 1st of October, reason could be weakening US Dollar , strong fundamentals have contributing the bulls of this pair particularly US Elections also joins, Last week the sudden rise of Gold is expected to go Long for at least next few days in the coming week.. may be till 15-Oct till at the price...
Cadjpy pairs has formed down symmetrical triangle pattern, in 4 hr chart, it suggest that this pair may see downtrend upto I st of the new month
British Pound against Canadian Dollar pair, may see a bullish trend upto the starting of the month , it may start the month of October from 1.74150 area, concept of supply and demand supports the same..
Dollar against Japanese yen , have been bullish last week, during the initial phase of the week, it may see bearish moment due to Dollar weakness, again have a chance to bounce from the 105.200 area, may show the bullish at the starting of the October..
Dear Gold traders, Gold against Dollar pair, looking bullish at the start of the week, due to weakness of Dollar at the end of last week may continue till mid of the week, it may take the down path after hitting the area around 1900,
Hi traders, Great britain pound against US Dollar , has seen a down and sideways last week , towards the beginning of the new month,Price action suggest that this pair expected to make little bullish in the starting of the week upto 1.29 area , supported by the concept of weak Dollar at start of the week..after a corrective movement again it may go bearish...
Dear traders, Wishes all for the new week ahead, Euro against US Dollar , experienced the September with bearish momentum , End of the week this pair closed at the support area , this long time support area may sends the price up to 1.75 area, from there it may have a chance to come down from the mid of the week, since we are in the closing of the month , this...
Strengthened USD can be the reason for bearish Gold , At the end of the week the pair looking to settled down at the zone 1810 zone which the nearest demand zone..
Euro against pound pair has seen downtrend during last week, almost it went down 50% from the this month up, now its clearly landed up in the support area , expected this pair will have a bullish week, when GBP goes down, few fundamentals also supports the bearish GBP, so , This pair has a great chance to go up,