AUDNZD was in Long trend previously but it made a Rising wedge pattern first and now it has made a Bearish Flag pattern meaning that the trend has been reversed and if it break downs from this value the Down trend is confirmed
GBPNZD has been in downtrend and now it has reached a key level which can be new Resistance zone while previously it was a Support Zone. If price breaks the Lower Low then the Resistance area will be confirmed.
GOLD has seen a bullish momentum in past few days but on the Daily Time frame GOLD is in bearish trend and now it is again coming at important daily trend line. Now Sell Trade can be taken from the trend line above or Sell stop order can be placed on the Break out level. The Trade is placed on 4 hr but it is supported from bigger time frame.
NZDCHF has been forming an Inverse Head & Shoulders Pattern and it has also formed AB = CD Harmonic Pattern and formed a bullish divergence which makes it a perfect Confluence Trade. If the Price Breakouts from the Level shown then Bullish momentum is On!
EURUSD is currently in Ranging Market. The Price is currently at Resistance level and Price may take retracement from here. The Stop loss can be at Resistance level 2. The Profits level are mentioned
CADJPY was previously in a bullish trend but then it formed a Rising wedge and currently now it is going sideways. If the price breaks the rectangle then price will further go down
On the 1hr Time Frame, GBPUSD was in previously bullish trend and it showed bearish divergence and then it went sideways. Recently it has broken the rectangle and currently it is is downtrend. Here entry can be taken from possible Lower High level which is Fib level 0.382.
USDCAD was previously in a bearish trend and it made a bullish divergence and currently in consolidating period and if the price breaks above this level marked as blue then it has the potential of going up
GBPUSD has been in bullish trend but recently it made a huge bearish divergence and it has almost broken an important trend line. If the price breaks the highlighted HIgher Low then it has the potential of going down
AUDCHF was previously in a bearish Trend and then it showed a bullish divergence and market went side ways (accumulation phase) and now that Rectangle is broken indicating the start of a bullish phase.
EURHKD has been forming a bearish descending channel on the 1 hr chart and currently the price is being rejected from the trend line signalling price may further go down from here.
CADSGD was previously in a bearish trend but the price showed bullish divergence and formed a double bottom and the trend changed. Currently the market is in bullish trend. And we can enter this market at the Entry Price 0.9849 which is Fibonacci level 0.382.
CAD/CHF was previously in a bearish trend and recently it formed an inverse head and shoulders pattern and the trend changed and now it has formed a bullish flag pattern indicating that the continuation of the bullish trend may go on.
Apple has made a rising wedge pattern on daily and also formed a bearish Divergence on the Daily Time frame and we have earnings report of Apple coming next month. Is Something big coming on Apple??
CHF/JPY has formed a rising wedge pattern on 1 hr and it has also broken the trend line. More over bearish divergence was previously seen that makes it a very good trade for selling.
XAU/USD was previously in a bullish trend but on the 4 hr time frame it has recently formed a bearish divergence and it has broken A Higher Low on 4 hr and on Daily As well signalling start of bearish trend on 4 hr.
GBPCHF was previously in a bearish trend but recently a bullish divergence was formed signalling the end of bearish trend. If the Lower High is broken then the bullish trend will start
CADJPY was previously in a bullish trend but recently a bearish divergence was formed signalling the end of bullish trend. If the Higher Low is broken then the bearish trend will start