USD/INR has been in a uptrend for a while we have just seen a significant drop to an upcoming support level and area of buy orders accumulated. Sniper entry coming soon look to get an entry based on confirmation! Stay sniper.
USD/JPY has made a high of 111.66 and took a U-turn. Its impulsive wave breaks at support trendline breakout. It can keep falling from the dynamic resistance trendline ( DRT ). We may see 109.54 - 109.15 - 107.48 soon. Don't sell after a breakout of DRT or 110.7 level. And do not forget to watch significant releases or events mentioned on the above chart...
According to the 4H chart of USD/JPY, its uptrend can extend and touch the following target prices: 111.11 - 111.50 Invalidation: prices below ii or 50 MA.
According to this chart, USDJPY will take a U-Turn from the resistance line for the following targets: 104.14 - 103.98 - 103.86. But if it breaks the resistance and stays above it, USDJPY may start moving upward for the following levels: 104.70 - 104.56.
Here's the 4H chart of the USD/CHF. Right now, it's moving sideways under the hurdle ( 0.8918 ). If the trend moves upside and crosses the dynamic resistance and hurdle trendline, then the hurdle will react as the support. And targets for the uptrend will be the following 0.8960 - 0.9000 . But if it falls and breaks the key level, then the target will be 0.8796...
Right now, BTC/USD is falling by breaking the support trendline. I have applied the DMI, and according to this, it's falling. The ADX is less than 25, and -DI is above +DI, which indicates the downtrend. RSI also indicates a fall. The target for the fall will be as following 3224 - 3145 - 3050 . But if it starts to rise by crossing the support trendline, then...
NZD/USD has made the bearish Elliott wave on the hourly time frame. The formation of the Elliott wave is complete. Here we can see 5+3=8 wave Theory so cleanly. 1 to 5 waves and then ABC correction. It's a bearish Elliott wave pattern, and after the C, now the tren will fall up to 0.7120 - 0.7110 - 0.7085 . But what if it starts to rise? If the trend starts to...
Here's the 15m chart of the EUR/AUD. Currently, It's falling. And trying to hit the hurdle ( 1.5674 ). If the consecutive candles break 1.5674 , then there will be a fall. The targets for the fall will be 1.5670 - 1.5650 . But there is a high possibility of a reversal in the trend. The trend may take a reversal from between 1.5684 - 1.5670 . If it takes a...
Here's the AUD/USD 15m chart. It started to rise from the 19th of March,2020. The actual trend is positive. Right now, it's trying to hit 0.7732 , and for that, it has to cross 0.7728 . If AUD/USD keeps moving upward, then a target for the uptrend will be 0.7740 - 0.7749 . But there is an absolute possibility of the reversal from 0.7732 (nearby level). And...
NZD/USD made the bullish Elliott wave pattern. I have shown this on both the time frame hourly (Left) and 15m (Right). It started on the 21st of December 2020, and the 5th wave is remaining. It has to cross 0.7226 - 0.7236 -0.7260 , to make the fifth wave.
Here's the USD/CHF daily chart, and it has started the bearish Elliott wave pattern. It may hit the 0.8731 (to complete the 3rd wave), and then the trend will fly to hit the 4th wave. It will hit 0.8900 - 0.9000 to complete the 4th wave.
EUR/GBP has made the flag pattern on the 15m timeframe. To complete the flag pattern, the trend will hit 0.9056 - 0.9066 .
Here's the 1H chart of the NZD/USD. And it's moving downwards. Here, I have applied the indicators - Volume, Stoch RSI, and RSI. RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle( 0.7136 ). If it breaks the hurdle( 0.7136 ), then the target will be the...
Here's the daily chart of EUR/GBP. In the triangle, the trend is in the making process of the fifth wave. It has to cross to complete the fifth wave. And the trend has to cross 0.8953 - 0.8930 to complete the 5th wave of the triangle.
If you see AUD/USD on the daily timeframe, it's an uptrend. Here is the 15m chart of the AUD/USD, and it's moving upside with the fluctuations in the trend. It will fall to the following levels 0.7640 - 07630 - 0.7625 , and then it will take a reversal from the support. And after that, it will rise to the support level, and the targets are following 0.7635 -...
The EUR/GBP has made the Elliott wave on the 15m time frame. The 5th wave and ABC Correction is remaining. The trend has to hit 0.9091 - 0.9110 - 0.9130 , to complete the 5th wave. And then it will start to make ABC correction. But if it started to move downside, that means the failure of the Elliott wave pattern. And then the trend will hit 0.9056 - 0.9040 .
USD/JPY is moving downwards. It started to fall from 20th February of 2020. And it's still falling. It has made the symmetrical triangle here. It's making the 4th wave here, and it has to cross the following level 103.455 - 103.360 - 103.185 - 103.050 , to complete the 4th wave. But if the trend started to move upside, then there will be a failure of the...
Here's the daily chart of the USD/CHF. It started to make a bearish Elliott wave from the 23rd of April 2019. There is a symmetrical triangle in the 3rd wave. 4th, 5th and Corrective waves are remaining. 4th will be at 38.2%, 50% , or 61.8% . The trend is moving upside to make a perfect 4th wave. And for that, it has to hit the following targets 0.8990 -...