Market have most probably started a new uptrend we can see it making new highs a small retracement and again push to the upside will confirm the trend. It crossed 2 resistance levels today 1 is technical around 2196 2 is psychological 2200. Market is pushing up for the last 4 days now and we can expect a small correction any time. Market looks bullish!! back in...
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Emaar is on its way to fly high - and not thinking of looking back, It has broken the channel two time and got the rejection.
On the third time with the double bottom, it might break all the resistance coming on its way.
If a particular support level is tested again and again clearly it becomes weaker and eventually it breaksdown. UPP have to move away from this level quickly as this level of 0.278 to 0.280 is been tested so many times and it can break to the down side. It looks bearish to be as of now.
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After the announcement it broke to upside but could not hold the gains. Now its at the support level 0.800 if we see a nice green candle tomorrow we can say its holding the support and it can be a good trade. First target at 0.820
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Aan took a bounce from the support level but very next day it have made a inside day candle. It can be a good setup to trade. How to trade this setup? Lets just wait for the break out to the upside and enter the trade 0.166 and the target should be 1.80 and second target at 0.185 level. To me it looks bearish and good entry level will be around 0,152 keep stalking...
It have crossed the major hurdle and its good for a buy now, in tomorrows session i will try to enter and my target will be 0.90 it looks very bullish and ready to fly.
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If the price manages to break the zone around 1.98158, we will go into an uptrend.
This is the most likely of our analysis because it is confirmed by the underlying trend and the MM at 50 which is below the market.
If the price breaks the zone around 1.96170, the market will go bearish.
Let's wait and see...
Gold jumps $17 to renew 9 years high above $1881.
As we can see GOLD's Higher high is on 1,865 on the H1,H4 time frame in the Zone (consolidation area) .At the moment gold is on 1859 and there are chances of rebound towards sell area below 1840. $1920 is not far. It will remain in consolidation this week probably in the current zone of 1850-1825. In case if its...
EURJPY been making step movements for last couple of days in upward momentum.
This analysis is intraday for long term holders ans now at point 120.032 eurjpy has strong supports as you can see in H1,H4 time frame.According to the upcoming fundamentals EUR should be again high with steps movement like corrective momentum.
EURJPY still is on my watch list and now...
GBPJYP TRADE SETUP
Guys you can see in the D1 Pin Bars
GbpJpy is at spot of 134.86 and and its make Pin Bar that indicates the impulsive momentum towards sell direction and the next target of its near resistance 132.86 in the D1 if its break that point so its next traget will be 130.000
Guys dm us if you have any query or you want to discuss about Trade setup
Not a very powerful week in terms on movement we only had 2 days of green candle and 3 days in red infact we closed in red too. Lets analyze, market took support at very important area of 2050 and bounced back and it made a high of 2100 it tried to break it but found resistance and it retraced back to 2072 and again it found support in this area which is marked in...
Yes bulls have shown some power in todays session, price was stuck in a range for the last 5 sessions today it almost broke up side with a strong move. This signifies there is buying pressure and bulls are active. Price have consolidated here for 5 sessions it was a consolidation phase and there is a good potential to touch the recent high that is 2160 level...
booked a hefty 230 pips on that impulse now looking at a correction and continuation to the upside follow scenarios at they evolve
pls note: the pattern may change anytime and the analysis is not valid, however, u need a map to travel, thats your map with arisk is better than no map.