ForexPundit

ForexPundit Updated 

97.80 TO 98.00 Area is a swing area from the present level. USD INDEX SELL LIMIT @97.60/97.80 SL: 98.20 TP1: 96.80 TP2: 96.00

ForexPundit Updated 

EUR/USD still has some room to room but eventuality in the long term picture identifying a buy set up. EUR/USD BUY LIMIT @ 1.1010/1.0990 SL: 1.0880 TP1: 1.1180 TP2: 1.1280

ForexPundit Updated 

USD/JPY STUCK IN A LONG TERM DESCENDING CHANNEL. AL LONG AS USD/JPY UNDER 109.80/1.1100 BEARISH SCENARIO WILL PRESIS. USD/JPY SELL @109.70 SL: 110.00 TP1: 108.30 TP2: 106.60

ForexPundit Updated 

S&P 500 Stuck in the rising channel and reached in swing area. 3240 to 3245 is identifying as a swing area. Sell Limit @3240/3245 SL: 3260 TP: 3000

ForexPundit Updated 

Breaking above 1480/1485, Gold may go for Long and may test 1515 and finally 1550 again. GOLD BUY STOP @1480/1485 SL: 1445/40 TP1: 1515 TP2: 1550

ForexPundit

The market is not respecting the technical analysis nowadays. In December, most of the banks and investors take profit and Christmas is coming. Don't use it over lot. We are expecting a reverse from the cloud right now. after 30 pips profit, please put your Stop Loss in Breakeven. for more help, visit us: www. forexpundit. com

ForexPundit

US-CHINA trade optimism boosting the world’s wide stock market. OMX_30 is not also exceptional. But we have seen a lot of time, every December stock market rush into profit-taking. So we can expect some seasonal profit-taking ahead of charismas and 31st events. If we see the chart closely, a rising channel from 2000 and 2016 is capped by right now. Every time the...

ForexPundit

Last two trading days VOLVO_B had some profit-taking from 155.15 critical swing zone. But the market already breaks out the descending channel from 2018. So there is another good chance to up technically to 155.15 zones again, till it breaks below 144.40 critical support zone. Market closing rate 150.55 and it is still above the descending channel level. As...

ForexPundit

Time Frame: H4 Gold has reached to its support level already. Very much possibility to jump from here towards 1530.

ForexPundit

As a safe haven ( a place of security), all traders are preferring to buy JPY and sell EUR. Therefore, we should wait for EURJPY correction and enter sell EURJPY.

ForexPundit

In the coming week, we don't have any special and high impact news on Pound. Therefore, the movement will depend on BREXIT related news and USD news.