EUR/USD is facing resistance around 1.0975 (200 day HMA) and any break above will target 1.100/1.1060 in short term. Overall bearish invalidation only above 1.1060. On the downside minor support is around 1.0926 and break below will drag the pair further down till 1.0880/1.0850/1.0800. It is good to sell on rallies around 1.0955 with SL around 1.0980 for the TP...
USD/JPY has made a high of 125.04 and is slightly retreating form that level. In daily chart CCI (50) has formed bearish divergence and this confirms intraday weakness, a decline till 123.55 cannot be ruled out. On the upside any break above 125.04 would extend gains till 125.70. It is good to sell around 124.75 with SL around 125.10 for the TP of 123.55.
As per our analysis USD/JPY target 1 achieved @125.Book full profits
It is good to buy around 0.9460 with SL around 0.9425 for the TP of 0.9540
GBP/USD is struggling to break 1.5305 and nay break above would extend gains till 1.5350. It is good to sell around 1.52700 with SL around 1.5305 for the TP 1.5160
EUR/USD has taken trend line support around 1.0929 and is slightly recovering from that level. It is expected to jump till 1.100 for this level. Overall trend reversal only above 1.1060 and any break above would extend gains till 1.1180/1.1215. On the downside minor support is around 1.0929 and break below will drag the pair further down till 1.0880/1.0850. It...
USD/JPY has broken major resistance 124.13 and made a high till 124.44. Intraday trend is bullish as long as support 123.50 holds. Short term weakness only below 123.50 and any break below will drag the pair further down till 123.10/122.70. On the upside the pair’s minor resistance is around 124.30 and nay break above would extend gains till 125/125.60. It is...
EUR/JPY has broken short term resistance 135.25 and it has formed temporary bottom around 133.60, a jump till 136.95 cannot be ruled out. Intraday support is around 134.80 and any break below will drag the pair further down till 134/133.60. It is good to buy at declines at 135.40 with SL around 134.79 for the TP 136.60/136.95.
Crude oil has broken major trend line support around 58.30 (trend line joining 47.05 and 58.10) and declined till 57.36. Overall bullish invalidation can happen only below 55.73. Any break below that level will drag the pair further down till 54/49.88 (61.8% retracement of 42.03 and 62.58). Short term bullishness only above 59 and break could extend gains till...
USD/JPY has broken major resistance 124.13 and this confirms short term bullishness, jump till 125.69 is possible. Short term weakness only below 123.30. Any break below will drag the pair further down till 122.70/122.40 It is good to buy USD/JPY around 124.05-10 with SL around 123.30 for the TP of 125.60
It is good to sell on rallies around 0.7240-45 with SL around 0.7285 for the TP 0.7165
It is good to sell on rallies around 0.7690 with stop around 0.7745 for the TP of 0.7550
It is good to sell EUR/USD around 1.08460-1.0850 with SL around 1.0930 for the TP of 1.0680/1.0560
It is good to sell around 1.5358 with SL 1.5385 for the TP 1.5260/1.5150
EUR/JPY has broken short term trend line resistance 134.10 and this confirms short term bullishness , a jump till 135.25/136 cannot be ruled out . The minor support is around 134 and any break below will drag the pair further down till 133.60/133. It is good to buy at dips around 134.35 with SL around 134 for the TP 135.25
It is good to sell around 96.98-97.02 with SL around 97.37 for the TP 96.18.
EUR/USD has broken short term Trend line resistance , a jump till 1.0975 cannot be ruled out. Intraday weakness can be seen only below 1.0850. Break below 1.0850 will drag the pair further down till 1.0800/1.0660. The minor support is around 1.0940 and break above would extend gains till 1.0975/1.100. It is good to buy at dips around 1.0908 with SL around...
GBP/USD has formed double bottom around 1.5350 and recovered from that level. Intraday tend is bullish as long as support 1.5375 holds. On the upside minor resistance is around 1.5430 and any break above would extend gains till 1.5470/1.5520 in short term. It is good to buy at dips around 1.5408-410 with SL 1.5375 for the TP 1.5470/1.5520.