Hello traders, TECHNICAL BUY PLAN: It's more than a month since the pair follows a symmetrical descending trend. However, the price quote gearing for breakout bullish move. The descending trend acted as a stable resistance; support backup. The signal have a brighter chance for the breakout. If breakout happens, it may tend a small pullback formation to obtain...
EURJPY possible resistance and support zone; in an hour timeframe the chart yet to draw a mixed print. Gate opens for Buyers and sellers. The rate spotted@ 128.722 Resistance Support R1-129 S1-128.51 R2-129.46 S2-128.09 R3-130 S3-127.55 Support has the...
Hello traders, The XAUUSD is one of the most traded pair in the forex market. In a 4hr time-scale, candles formed an impulse at 1300.654 and turned the trend to down. (shown in the graph) After the impulse, the signal tends a solid descending channel correction (shown in the graph) At 1254.154, the chart printed a potential impulse and broke the channel...
Hi all, Dollar index opens a chance for small trade (profit), as a correction. This pair seems to be losing its bullish momentum after an extended up run. Presently, the market landed at 1.32879. Followed by an unwanted impulse. At 1.31045 the market desperately formed an impulse and broke the trend line (shown in the graph). That impulse creates an...
The EURUSD approaching a strong resistance zone. In an hour time frame the chart printing signals in a sideways. on a close look from 1.16376 the market moving in a sideways. At 1.18258 market forms a solid impulse and turned the trend to down (shown in the graph). This impulse made a huge impact on the market. By its impact, the chart printing the signals...