EUR/AUD target 1 achieved @ 1.5580. Book partial profits
EUR/AUD has broken major trendline support 1.5635 which confirms short term weakness , a decline till 1.5580/1.5500 is possible . On the higher side major resistance is around 1.5715 and any break above targets 1.5750/1.5795.The minor resistance is around 1.5680 Overall bearish invalidation only above 1.5805 any indicative break above targets 1.5860/1.5900 It...
USD/CHF has made a high of 0.9767 and declined from that level. It is currently trading at 0.9668. The pair is facing strong support at 0.9635 and any break below will drag the pair to next level 0.9595/0.9530 level. The pair’s minor intraday resistance is around 0.9680 and break above targets 0.9725/0.9765. Overall bearish invalidation only above 0.9840...
USD/JPY has made a high of 120.55 and declined till 119.76 today morning. It is currently trading at 120.13 Overall trend trend is still bullish as long as support 119.60 holds. Overall bullish invalidation only below 118.60 Any break below 119.60 will drag the pair further down till 119.20/118.60. The pair's minor support is around 119.95. The minor...
GBP/USD has broken major resistance 1.5250 which confirms short term bullishness , a jump till 1.5290/1.5320 cannot be ruled out. On the downside minor support is around 1.5194 and any break below targets 1.5170/1.5140. Overall weakness only below 1.5105 level. Break below that level will the pair till 1.5000. It is good to buy at dips around 1.5240-45 with...
GBP/JPY has broken major resistance 183.20 and jumped till 183.36. It is currently trading at 183.05. The pair's minor trend line support is around 182.50 and any break below targets 182/181..60. On the higher side minor resistance is around 183.35 and break above targets 184.40/185. It is good to buy at dips around 183 -183.05 with SL around 182.25 for the TP...
EUR/USD Target 1 achieved at 1.1260. Book full profit
EUR/AUD Target 1 achieved @ 1.5790. Book partial profits
USD/CAD has broken major trend line support at 1.3140 (trend line joining 1.2126 and 1.30113) and declined till 1.3064. It is currently trading at 1.3078 level. Intraday trend is still weak as long as resistance 1.3101 holds. Any break above 1.3101 will take the pair to next target 1.31265/1.3140. On the downside major support is around 1.3060 and any break...
Harmonic Pattern formed – Bullish Gartley pattern Potential Reversal Zone (PRZ)- 1.11650 Any break below 1.11650 will take the pair to next target 1.11500/1.11250. On the higher side minor resistance is around 1.12040 and break below targets 1.1240/1.1264/1.1295 Overall bullishness only above 1.1320. It is good to buy at dips around 1.1195-1198 with SL around...
EUR/AUD has taken trend line support around 1.5666 (trend line joining 1.5832 and 1.5741) and nay break below confirms short term weakness, a decline till 1.5600/1.5580 cannot be ruled out. On the higher side minor resistance is around 1.5750 and break above will take the pair to next target 1.5795/1.5840. It is good to buy around 1.5700-705 with SL around...
GBP/JPY has made a high of 183.20 and slightly declined from that level. It is currently trading at 182.68. The pair is facing strong resistance around 183.20 and any further bullishness can be seen only above that level. Any break above 183.20 will take the pair to 184.40/185 in short term . On the downside major intraday support is around 182.20 and any break...
Low risk traders book profit in USD/JPY at 120.50
Harmonic Pattern formed – Bullish Gartley pattern Potential Reversal Zone (PRZ)- 1.1320 Any break above 1.1320 will take the pair to next target 1.1370/1.14365. On the downside minor support is around 1.1240 and break below targets 1.1200/1.11750. Overall weakness only below 1.1130. It is good to sell on rallies around 1.1255-60 with SL around 1.1300 for the...
USD/CAD target 1 achieved @ 1.3070. Book partial profit
GBP/JPY target 1 achieved @ 183.20 book partial profit
USD/CAD has broken major trend line support at 1.3140 (trend line joining 1.2126 and 1.30113) and this confirms short term weakness, a decline till 1.300 is possible. Intraday trend is still weak as long as resistance 1.3180 holds. Any break above 1.3180 will take the pair to next target 1.3220/1.3265. On the downside major support is around 1.3110 and any break...
USD/JPY has made a low of 118.68 on Friday and recovered from that level. It is currently trading at 119.99 .Intraday trend is till bullish as long as support 119.20 holds. Overall bullish invalidation only below 118.60 Any break below 119.20 will drag the pair further down till 118.80/118.60. The pair's minor support is around 119.50. The minor resistance is...