EURUSD showed a minor pullback after a massive sell-off. Markets eye US GDP and Initial jobless claims for further direction. It is good to buy on dips around 1.05370-80 with SL around 1.0480 for a TP of 1.0650
GBPJPY lost its shine after the Bank of England's monetary policy. It hit a low of 180.75 at the time of writing and is currently trading around 181.25. It is good to sell on rallies around 181.28-30 with SL around 182.35 for a TP of 177
Gold holds above $1900 despite mixed US economic data. It hit a high of $1904.51 yesterday and is currently trading around $1903.71. Chart pattern- Bullish divergence (CCI)- 4-hour chart It is good to buy on dips around $19028-30 with SL around $1890 for TP of $1945
GBPJPY lost its shine on the weak Pound sterling. After a long consolidation, it breaks significant support at 181.70 and is currently trading around 181.67. It is good to sell on rallies around 182 with SL around 183 for TP of 178.
The pair took support near 200-4H EMA for the third time. In the daily chart, it is holding above 21-day EMA. It is good to buy on dips around 181.60-65 with SL around 180.70 for a TP of 185
GBPJPY lost its shine on weak UK CPI. It hits an intraday low of 180.27 and is currently trading around 180.44. It is good to sell on rallies around 180.58-60 with SL around 181.60 for a TP of 178.10.
EURUSD pared some of its gains after upbeat US economic data. It hits an intraday low of 1.08352 and is currently trading around 1.08382. It is good to sell on rallies around 1.0850-525 with SL around 1.0900 for the TP of 1.0700.
Bullish divergence ( CCI(50)) BTCUSD regained its positive momentum and surged more than $4000 on upbeat market sentiment. Technicals- Major support- $27500. Any break below will take it to the next level at $25000/$23800/$23300 if possible. Bull case- Primary supply zone -$30000. The breach above confirms minor bullishness. A jump to the next level of...
Chart pattern- Bearish divergence Gold hits fresh all-time high after less hawkish Fed rate hike.It hits a high of $2081 and is currently trading around $2032.99. It is good to sell on rallies around $2038-40 with SL around $2070 for a TP of $1935.
Chart pattern- Bearish divergence (CCI (50) and RSI(14) GBPJP was one of the best performers this week and jumped more than 500 pips on the strong pound sterling. It hits an intraday high of 180.63 and is currently trading around 180.34. It is good to sell on rallies around 180.58-60 with SL around 182 40 for a TP of 175.55.
Candlestick pattern- Shooting star GBPJPY pared some of its gains made last week on the weak pound. It is good to sell on rallies around 173 with SL around 174.30 for the TP of 170.
GBPJPY trades higher on the weak yen. It holds above 170 and is currently trading around 170.05. The pair is trading above 21,55 and 200- EMA in the 4-hour chart. It is good to buy on dips around 170 with SL around 169.40 for a TP of 172
The pair has broken trend line support after a long consolidation. It is trading well below 21 and 55- 4 Hour EMA. It is good to sell on rallies around 1.09680-70 with SL around 1.09825 for a TP of 1.09310
Chart pattern- Bearish divergence GBPJPY broke the 2022 high of 172.12 and jumped to 172.31 on a weak yen. It hits a high of 172.323 and is currently trading around 172.15. It is good to sell on rallies around 172.28-30 with SL around 1723 for a TP of 168.50.
GBPJPY trades higher for the second consecutive day and holds above significant trend line resistance on the solid yen. It hits an intraday high of 162.46 and is currently trading around 162.451. Major support- 161.70/161. It is good to buy on dips around 162.35-40 with SL around 161.70 for a TP of 164
One hour chart CCI (50)- Buy ADX- showing buy signal The pair is above 21, 55- EMA , and 200-EMA in 15 min. A jump to 164 is possible. It is good to buy on dips around 162.28-30 with SL around 161.70 for a TP of 163.50/164
15 min chart CCI (50)- Buy ADX- showing buy signal the pair is above 21, 55- EMA, and 200-EMA in 15 min. A jump to 1.07610 is possible. It is good to buy on dips around 1.07260-70 with SL around 1.07100 for a TP of 1.07610
One hour chart CCI (50)- Buy ADX- showing buy signal The pair is above 21, 55- EMA, and 200-EMA in 15 min. A jump to 163 is possible. It is good to buy on dips around 161.73-75 with SL around 161.35 for a TP of 163