Akfx369

Akfx369

Dear traders, Gold against US Dollar , price movement of XAUUSD in the month of September So far, is between 1972 and 1928 except once it went low of 1908, but this week , this pair is in the position to break up or down, it seems 3 months old resistance is stronger than a 3 weeks support area, if it breaks above , price may go till 1983,, Else the south boundary...

Akfx369

Hi folks, EURO against US Dollar have trending sideways in between the price of 1.925 and 1.75 right from August , 2 months of sideways movement's end is still susceptible, towards the end of the month may gives us a clear picture,,even though strong resistance above 1.88 and support at 1.82, this pair looks at end of the triangle..may be the monday opening will...

Akfx369

Dear traders, British pound against US Dollar , have seen low on friday after some upward momentum on thursday, price action supports that it has a strong resistance of 1.30..so it looks to go down around the area of 1.27 this week, fundamentals and dollar index also supports the same.. hope currently this pair is in control of the bears..

Akfx369

Pound against dollar pair, has seen the lowest price in the last 6 weeks, and it bounces back from 1.27 area in the last two days, but before the week ends again it may seen the same low price agains. may it forms the double bottom to go up from next week onwards..

Akfx369

Rising of USD strength will reflect in EURUSD pair in a bearish structure..this week it sets the platform for forming Head and shoulder formation, and it expects to go down till 1.65 area..

Akfx369

Xauusd trending within the triangle from the August, and it tries to escape down from triangle in mid of september, strong resistance above the head push the price lower and added to that Dollar index also looking bullish at the same time, Rest of the week could be the sellers domination in this pair.. expected to go down atleast 1890 area.. Note - price action...

Akfx369

As our weekly analysis said ,for GBPUSD its been bearish momentum in first 3 days of the week , its likely to go up till the strong resistance area till 1.314 area..again it may go down because of USD strength

Akfx369

USDCHF price action analysis suggesting a strong bullish looks, might go upto 0.9400 area. let see , how its retest the box i drawn here.. its called the last kiss trade..

Akfx369

CADJPY pairs formed a Rising wedge pattern, before hits down it may go up at the resistance area of 81.800 , and all the way down ..

Akfx369

Pound against Japanese yen, has completed the week rejection candle (Shooting star) in weekly chart, it indicates the price stopped go above the last week open, price may attracts towards 138.500 area .. note - price action analysis done only for education purpose, predictions are subjected to change..

Akfx369

Gold against Dollar , have been trading within a triangle almost a month , last Friday , it did tries to do escape out of the August Triangle. unsuccessful but made a initiative there to go short from that triangle..this week it may hit the resistance at 1965 area, then the breakout from triangle may happen.expect it go down till 1890..overall anticipating a...

Akfx369

EURO against USD, after touched recent high of 1.20 this pair trending bearish.. fundamentals strongly support bearish in coming week, While the stats from Germany will influence, the ECB monetary policy decision on Thursday is the main event. strong resistance at 1.20 remains, technical analysis also supports the same, If USD strength continues EURO may trend...

Akfx369

GBPUSD pairs has trended downward last week because of Strong USD towards end of the week, Inspite of strong USD, it shows some buying opportunity end of the last day, analysis looks like it may continue the bears favour atleast mid of the week.. expecting it may touch the support area of 1.31 area..

Akfx369

XAUUSD is formed bullish pennant shape and along with that i marked the area of supply and demand, this analysis giving idea of bullish movement in the next 2 days of the week.. let see...

Akfx369

GBPUSD, is shown bullish at the end of last week, GBP strength may push the pair higher , expect the bullish week mostly by GBPUSD based on price action analysis

Akfx369

Looking bullish, weakens dollar still push the EURUSD up..

Akfx369

XAUUSD formed a bullish pennant pattern, this week expecting a break out on the upper channel, We are at the verge of new month, it could go higher all the way upto 250 pts, else if it breaks below it could go upto 1800 area this week, but weakened dollar supports the gold uppish trend for me , based on price action analysis

Akfx369

Dollar index bullish analysis also support the bearish move in XAUUSD this week..