AUDCHF is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.5750...
EURUSD is trading in bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.0640.
What you guys think of this idea ?
OCEANUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and now seems like bulls are getting ready to take the charge and about to give breakout from descending channel.
Currently the price is forming a local support around 14470 region.
Will the bulls take charge again continue for leg higher?
What you...
NIFTY is near strong Make or break support zone. On hourly candles the the 17767 has been held like a fort since December 22 by Spot Nifty. Nifty going below it will go into the firm grip of bears. Resistance on the upper side for Nifty are 50 and 200 hours EMA which is at 17939 and 18106. Above 18106 Nifty can show some strength and gallop till 18272. Nifty will...
