AmitTrades

AmitTrades

So this week we saw a drop in EURNZD pair and not it gets interesting from here as come to the support level and we can see the price getting rejected from the support zone on smaller timeframes also this is a weekly support zone. So now we can buy EURNZD and target for 1.69304, this setup is on 1H and 4H timeframe so it means intraday traders can enter for the...

AmitTrades

Natural Gas has seen a sharp fall within past few weeks from 9.051 to 5.480 within 7 to eight weeks only. This is more than 35% fall. Now it has reached near the major support zone where there was high demand during the July month, we can buy Natural Gas now and aim for 6.508 price level

AmitTrades

From the past few months we have been watching bitcoin, and the price is holding the support level of 18000 to 19000. This level is very important and is working as a strong support area. But for now the bulls are not able to push the price above 24000 which is acting as a resistance, BTC now hitting the support level of 18000 again and again and this might...

AmitTrades

AUD looks bearish in terms of dollar, we have seen from the past few weeks dollar getting stronger. Now AUD is reaching towards the weekly support which is near 0.61020. Meanwhile we are bearish on Australian Dollar.

AmitTrades

EURGBP looking bearish! Reached near the strong resistance zone and the wicks clearly shows sellers don't want the price to go up

AmitTrades

Tata steel is near the resistance zone and could possibly make a move to the downside within few weeks. This could be an opportunity to sell Tata steel

AmitTrades

From the past few attempts we could not see reliance breaking this resistance zone of 2660. Now again it has come to the zone this could lead the downside movement of price , opportunity to short

AmitTrades

we have seen USDJPY all the way from 116.560, breaking it and moving up and up getting stronger and stronger every week and now it has reached 137.600 breaking all the resistance on the way, the next strong resistance after 116.560 on the way was 131.900, and USD broke that level and moved upside, now the next major weekly resistance is near 143.500, and USDJPY...

AmitTrades

From the past few months we have seen Euro crashing over and over again now we see a weekly down trend channel, which indicates that euro will be approaching near the lows of the trend line within next few weeks

AmitTrades

Within the past few months we saw euro crashing over and over again now we see a clear weekly down trend channel, it will be approaching near the lows of the trend line within next few weeks

AmitTrades

EURUSD on daily timeframe reaching near the nearest resistance zone, this could possibly lead to step in the bearish momentum which will lead the downward trend to continue further