RajagopalanKV

RajagopalanKV

looking at how the Fib will playout. expecting for a buy opportunity at suitable price.

RajagopalanKV

Bias: USD strengthening from current levels As seen on chart, the pair is at historic resistance/support levels..and based on Fib shown the price is at 100% level on the Fib retracement from which I expect the price to continue its downtrend. SL would be based on h4 close above the fin 100% levels for this short trade. Would have been ideal if price on the fib...

RajagopalanKV

Currency bias: JPY strengthening, Most of the jpy pairs are showing signs of resistance with the momentum slowing down along with potential indications for reversal. It is with this bias, I am looking at few jpy pairs such as gbpjpy, eurjpy, and audjpy. Pair showed an impulse movement from 85~82 with now retracing back to the golden levels, providing...

RajagopalanKV Updated 

Fellow traders, sharing my thought on AUDUSD. Please check my charts and share your views for further analysis.

RajagopalanKV Updated 

NZDUSD appears to be continuing the downtrend in the shorter timeframes. potential opportunity to sell at current price with a minimal stop loss of 10-20 pips.

RajagopalanKV

Have been following GBPAUD for a while and it seems to struggle between the trendlines drawn.. need to look for trade opportunity as the pair provides clear direction in H4

RajagopalanKV

EURJPY has been having high swings on the H4 and H1 time frame and ended with a negative candle on the daily time frame and is trading between previous supports and resistances. Although the negative candle on the daily indicates buyers running out of steam and sellers gaining control, keep a lookout for trade opportunities and trade only after clear direction is...

RajagopalanKV Updated 

Interesting formation in EURJPY channel. waiting to identify clear direction.

RajagopalanKV

Something happening around NZD. it is looking like the momentum has stopped for now. will it go sideways? need to wait and see.

RajagopalanKV

Wondering whether EUR has energy to break up and go. Waiting mode for now.

RajagopalanKV Updated 

The trend lines show a tight formation. Expecting this pair to break out of this converging triangle and to trade in the breakout direction.

RajagopalanKV

GBPAUD has been forming a interesting setup, it broke through the wedge but was quick to come back - may be a false break? intending to trade after the breakout and retesting. Day candle appears bullish. Therefore I am thinking to trade long if the breakout happens in that direction. Please share your views.