traderpulse

traderpulse

GBP/CAD has broken out of head and shoulder pattern in the 1-hour charts. Further, the impulse wave suggests the trend is shifting to a downwards. Hence we expect the pair to move to the support at 1.73500.

traderpulse

GBP/USD is currently in an uptrend in the 15-min chart. It is currently retraced to its supportive trend line & breached its resistive trend line. Hence we expect the pair to take support at the trend line and continue its bullish momentum from here.

traderpulse

NZD/CHF is currently in a triangle formation in the 4-h charts. It was resisted by the resistive trendline and is currently heading moving south. Hence we expect the pair to continue its momentum and move to the supportive trendline.

traderpulse

AUD/JPY is currently in an ascending triangle formation. It took resistance and has broken the critical support level of 79.189. Hence we expect the pair to move to the supportive trendline for now.

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After forming an inverted head and shoulder pattern, EUR/USD consolidated within a narrow range of 1.13200-1.13650. It then made a bullish breakout and is currently retracing to test the broken resistance. We expect the broken resistance to hold support and the pair to remain bullish.

traderpulse

EUR/AUD has formed an inverted head and shoulder in the 30-min chart. It has broken the neckline too and is consolidating just above it. Hence we expect the pair to be bullish and move to the resistance at 1.59872.

traderpulse

CAD/JPY is at a strong price action resistance in the daily chart. A doji candle has formed yesterday indicating uncertainty in the bulls minds. Hence we expect the pair to make a run to its support at 82.319 from here.

traderpulse

EUR/CAD Has breached its critical support at 1.49128 It is currently re-tracing and retesting the broken support Hence, we expect the pair to re-treat downwards from here.

traderpulse

GBP/USD, formed a double top pattern and broke the crucial support of 1.30222. It also broke its trendline too which piles up the selling cue. Hence we expect the pair to be bearish and move to the support at 1.29331.

traderpulse

EUR/GBP is in its bear cycle, according to Elliott wave. It has completed its wave B and has also formed a bullish engulfing candle near the support zone. Hence we expect the pair to be bullish and commence its wave C from here.

traderpulse

NZD/CAD is currently in a range bound move. It has taken resistance at its upper range end is on it way to its to lower range. Also, it has crossed its critical support at 0.90131, hence we expect the pair to move to its support at 0.89132.

traderpulse

USD/JPY faced resistance from bears around the area of 111.100 and plunged 80 pips. Now it is retracing back to the same zone, which we expect to be supply prone again. Hence, it could be leveraged by traders to initiate short positions anticipating a move to the support at 110.274 and then to the demand zone indicated in the chart.

traderpulse

The BTC/USD pair after a great spike is currently in a correction mode. It is forming a descending triangle pattern and break out below support levels will validate the pattern. Hence we suggest traders to take a short call only after a break out below the support level of 5890.

traderpulse

The EUR/USD is currently in a long term corrective rally. We expect the correction to be of the form WXY wave which comprises of multiple ABC waves. As of now, we have presented the next ABC move in this chart. For Further updates of this corrective movements, subscribe to our premium services.

traderpulse

The NZD/USD pair has formed a inverse head and shoulder pattern in the 15-min chart. It has crossed the neckline and consolidating above it. Hence we expect the pair to move towards the next resistance level placed at 0.64723.

traderpulse

The EUR/GBP pair has formed a head and shoulder pattern on the daily charts. It has currently hovering around the neckline. We expect the bears to instigate strong pressure only it crosses the neckline.

traderpulse

The EUR/USD pair is currently witnessing a strong selling pressure. It has broken the strong support of 1.16505. Based on price action, we expect the pair to witness a small correction and then move on to the support level of 1.15305

traderpulse

The 4 Hour chart of AUD/USD has formed the double top pattern at the downtrend resistive trend line So,It is expected to be bearish as the trend continuation form the resistance after correction.