•RES3 :120.08 (Apr 22nd high) •RES 3: 119.74 (200 day 4HMA) •RES 2: 119.45 (27th Apr High) •RES 1: 118.99 (20 day 4HMA) PRICE: 118.83 @ 03:48 GMT •SUP 1: 118.50 (Apr 20th low) •SUP 2: 118.16 (61.8% retracement of 115.85 and 122.01) •SUP 3 -116.85 (Feb 3rd low) •SUP4-115.85 COMMENTARY: USD/JPY is trading off its lows after FOMC statement. The...
NZD/USD has recovered from low of 0.7685 to 0.7740 in the intraday. Overall trend is bullish as long as support 0.7650 holds. On the downside minor support is around 0.7680 and any break below will drag the pair further down till 0.7650/0.7600 in short term. The pair is facing resistance around 0.7740 and break above would extend gains till...
As per our analysis US Dollar index target almost achieved at 95.44. Book full profits
As per our analysis EUR/USD Target almost achieved at 1.1065. Book full profits
As per our analysis NZD/JPY target 1 achieved @91.52. Book full profits.
NZD/JPY has taken support near 90.15 and reached till 91.95 from that level. Overall trend is bullish as long as 91.20 (200 day HMA) holds. On the downside major support is around 91.20 and any break below will drag the pair till 90.70/90.10. The minor resistance are 92.40/93. Indicator (1 hour chart) CCI (50) - Buy Woodies CCI (14) – Buy Ichimoku- Buy It...
•RES4: 1.1070 (trend line joining 1.0360 and 1.10510) •RES 3:1.1050 (Mar 26th high) •RES 2:1.1035 (Apr 6th High) •RES 1: 1.100 PRICE: 1.1000@ 10:35 GMT •SUP 1: 1.0977 (20 day 4HMA) •SUP2: 1.0935 (Resistance turned into support) •SUP 2: 1.0861 (Cloud bottom) •SUP 3: 1.0810 (200 day HMA) Commentary: EUR/USD has broken major resistance 1.100 and this...
AUD/USD has broken major resistance 0.7935 and reached till 0.80265. Intraday trend is bullish as long as support 0.7960 (7 day 4H EMA) holds. The pair’s major resistance is around 0.8030 and any break above will take the pair till 0.81139/0.8250 in short term. On the downside minor support is around 0.7960 and break below will drag the pair further down till...
Gold has closed well above 20 day MA and this confirms short term bullishness, a jump till $1225 is possible. On the downside minor support is around $1200 and any break below will drag the pair further down till $1190/$1178. Indicator (Daily chart) CCI (50) -Buy Woodies CCI (14) – Buy Ichimoku- Buy It is good to buy at dips around $1200 for the target of...
•RES4: 1.5585 (38.2% retracement of 1.7166 and 1.45648) •RES3: 1.55512 (Feb 26th high) •RES2: 1.54399 (88.6% retracement of 1.5512 and 1.4564) •RES 1: 1.5350 PRICE: 1.5343@ 06:05 GMT •SUP 1: 1.5320 (20 day HMA) •SUP 2: 1.5260 (Resistance turned into support) •SUP 3:1.5160 (23.6% retracement of 1.45648 and 1.5345) •SUP 4: 1.5100 GBP/USD has broken...
•RES3 :120.08 (Apr 22nd high) •RES 3: 119.80 (200 day 4HMA) •RES 2: 119.45 (Kijun-Sen) •RES 1: 119.05 (20 day 4HMA) PRICE: 118.83 @ 05:20 GMT •SUP 1: 118.50 (Apr 20th low) •SUP 2: 118.16 (61.8% retracement of 115.85 and 122.01) •SUP 3 -116.85 (Feb 3rd low) •SUP4-115.85 COMMENTARY: USD/JPY is trading in narrow range. Overall trend is neutral and any...
•RES 4: 1.5512 (Feb 26th high) •RES 3: 1.5350 •RES2: 1.5268 (Jan 15th high) •RES 1: 1.5200 PRICE: 1.5181@ 06:17 GMT •SUP 1: 1.5160 (Resistance turned into support) •SUP 2: 1.5125 (20 day 4HMA) •SUP 3:1.5090 (23.6% retracement of 1.4564 and 1.5260) •SUP 4: 1.4959 (200 day 4HMA) GBP/USD has formed double top around 1.5260 and expanded only by 0.3% in the...
AUD/USD has broken major resistance 0.7845 and reached till 0.7890. Short term trend is bullish as long as support 0.7840 (resistance turned into support) holds. The pair’s major resistance is around 0.7890 and any break above will take the pair till 0.7935/0.7950 in short term. On the downside minor support is around 0.7840 and break below will drag the pair...
As per our analysis AUD/USD target achieved at 0.78850.book full profits
NZD/JPY took support near 90.15 (200 day 4HMA) and has started to recover from that level. So this confirms that NZD/JPY has formed temporary bottom around 90.13 and jump till 92.40/93 cannot be ruled out. On the downside major support is around 90 and any break below will drag the pair till 89.05. The minor resistance are 91.20/91.55/92.40. Indicator (4 hour...
USD/CAD has retreated after making a high of 1.2300. Overall trend is weak as long as 1.2350 holds. On the downside minor support is around 1.2080 and any break below will drag the pair fuether down till 1.190/1.1800 in short term. The pair’s short term resistance is around 1.2180 (7 day EMA) and any break above would extend gains till 1.2218/ 1.2305. Indicator...
GBP/JPY target 1 achieved at 181.10. Book partial profits. Others hold with stop around 180.90.
•RES 4: 121.18 •RES3 :120.81 (Apr 13th high) •RES 2: 119.94 (200 day 4HMA) •RES 1: 119.32 (20 day 4HMA) PRICE: 119.10 @ 05:20 GMT •SUP 1: 118.50 (Apr 20th low) •SUP 2: 118.16 (61.8% retracement of 115.85 and 122.01) •SUP 3 -116.85 (Feb 3rd low) •SUP4-115.85 COMMENTARY: USD/JPY has slightly recovered after making a low of 118.89. Overall...