Book profit and exit from GBP/JPY long @ 182.80.
EUR/USD has broken short term trend line resistance 1.1210 (trend line joining 1.1330 and 1.1380) and this confirms short term bullishness, a jump till 1.13180 cannot be ruled out. The pair made a low of 1.1214 yester day and started to recover from that level and is currently trading at 1.1218. On the downside minor support is around 1.11780 and break below...
USD/JPY has broken minor trend line support 119.10 (trend line joining 118.60 and 118.79) and a decline till 118.25 cannot be ruled out. On the higher major intraday resistance is around 119.60 and any break above targets 120.20/121. The pair’s minor support is around 118.80 and break below targets 118.40/118.25. It is good to sell on rallies around 119.10-15...
GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered till 182.35 from that level. The pair’s further weakness can be seen only below 179.90 Any break below 179.90 will drag the pair further down till 177.20/175 in short term. The pair's minor support is around 181.40/181. On the higher side any break above...
USD/CHF has retreated till 0.97074 after making a high of 0.9770. Overall trend is still bullish as long as support 0.9680 holds. Any break below 0.9680 will drag the pair further down till 0.9640/0.9595. On the higher side minor resistance is around 0.9740 and any break above would extend gains till 0.9770/0.9800. Bullish invalidation only below 0.9560. It is...
EUR/USD has made a low of 1.1090 and recovered till 1.1174. It is currently trading at 1.11360. The pair’s intraday resistance is around 1.1178 and break above will take the pair to next target at 1.1230/1.1270 in short term. On the lower side major support is around 1.1080 and break below will drag the pair further down till 1.1040/1.1000. The pair’s minor...
GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered from that level. The pair’s further weakness can be seen only below 179.90 Any break below 179.90 will drag the pair further down till 177.20/175 in short term. On the higher side any break above 181.65 confirms intraday bullishness, a jump till...
USD/JPY has made a low of 118.60 on Friday and slightly recovered till 119.58 in today morning. Overall trend is bullish as long as support 118.40 holds. On the higher side minor resistance is around 119.60 and any break above would extend gains till 120.20/120.75 in short term. The pair's short term support is around 118.75 and break below targets 118.40/118....
EURUSD trades slightly below major support 1.1100 and this confirms intraday weakness a decline till 1.1045/1.100 cannot be ruled out. On the higher side minor resistance is around 1.1136 and break above will extend gains till 1.1150/1.1178. Trend reversal only above 1.1200. It is good to sell on rallies around 1.1105-080 with sl around 1.1150 for the TP of...
EUR/USD target achieved at 1.11780. Book full profits
Silver is trading narrow channel for past three trading session. It is facing strong support around $14.65 and any break below will drag the commodity further down till $14.45/$14 in short term. Short term trend reversal only above $15 and break above $15 would extend gains till $15.15/$15.70. Silver further weakness can be seen only below $13.96. It is good to...
Book profit and exit from GBPJPY short @ 181.25
EUR/USD has decline till 1.1086 after making a high of 1.13310 (Sep 1st high). It has taken support around 200 day 4 HMA and a jump till 1.1180/1.1208 is possible . Intraday weakness only below 1.1100 and break below will drag the pair till 1.1045/1.1000. On the higher side minor resistance is around 1.1147 and break above would extend gains till 1.1178/1.1200...
CAD/JPY breaks short term trend line support 90.25 (trend line joining 89.94 and 90.09) and this confirms short term weakness , decline till 89.25/88.75 cannot be ruled out . On the higher side major resistance is around 90.80 and nay break above will take the pair further up till 91.45/92. On the lower side minor support is around 89.95 and break below would...
GBP/JPY breaks major support 182 and decline till 180.60 is possible . Intraday major resistance is around 182.55 and any break above targets 183/183.35. It is good to sell on rallies around 181.90-95 with SL around 182.55 for the TP of 180.60
Aussie has broken short term support 0.6980 and this confirms further short term weakness , a decline till 0.6925/0.6895 cannot be ruled out. On the higher side minor resistance is around 0.7025 and break above indicates intra day bullishness , a jump till 0.7065/7100 is possible . it is good to sell on rallies around 0.6980-85 with SL around 0.7025 for the TP...
USD/JPY has broken major trend line support around 119.60 (trend line joining 118.43 and 119.21) and break below confirms short term weakness , decline till 119.20/118.45 in short term. On the higher side minor resistance is around 120.20 and break above would extend gains till 120.70/121 in short term. Short term bullishness only above 120.75. It is good to...
GBP/JPY has recovered after making a low of 182.79 and is currently trading at 183.97. Intraday trend is bearish as long as resistance 184.70 holds. Any break below 183.50 will drag the pair further down till 183./182.45 in short term. On the higher side pair’s minor resistance is around 184.75 and break above would extend gains till 185.55/186.20. Bearish...