USD/CAD has recovered after making low of 1.17300. Overall trend is bullish as long as support 1.17950 (23.6% retracement of 1.1559 to 1.18725). On the downside any break below will take the pair to 1.1750/1.1730. The pair’s minor resistance is around 1.18725 and any indicative break above will take the pair to 1.1960 (161.8% retracement of 1.18725 and...
Positioning Bias: EUR/GBP made a low of 0.7758 and has slight recovered till 0.7874 from that level. Overall trend is bearish as long as resistance 0.7930 holds. On the upside EUR/GBP minor resistance is around 0.7875 and any break of 0.7875 would extend gain to 0.7930/0.7970 in short term. The pair’s minor support is around 0.7740 and break below will target...
Positioning Bias: GBP/JPY has recovered slightly after making low of 179.25. Overall trend is bullish as long as resistance 183.80 holds. On the upside minor resistance is around 181.80 and any indicative break above would extend gain to 183.15/183.80 in short term. The pair’s major support is around 178.80 (50% retracement of 167.99 and 189.67) and break below...
USD/JPY is facing strong resistance around 120 and any intraday trend reversal can be seen only above that level. On the upside any break above will take the pair to 120.75/121.60 in short term. The minor support is around 118.80 and any break below will target 117.90(23.6% retracement of 105.18 and 121.83)/117.20. The pair is trading between 118/119.95 for the...
Short term trend- Slightly bullish Silver has made a high of $16.69 and is slightly retreating from that level. Overall trend is slightly bullish as long as minor support $15.80 holds. The silver’s minor resistance is around 16.69. On the upper side any break above $16.69 will target $17.30/17.79 in short term. Short term trend reversal only above $17.80. Major...
Gold is slightly retreated after making high of $1222.85 and intraday trend is bullish as long as minor support $1195 holds. On the upside minor resistance is around $1223 and any indicative break above will target $1238/1255 (Nov 21st high). The pair’s intraday support is at $1205 and below that level will target $1195 /1180 Indicators (4 hours Chart) CCI (50) -...
Positioning Bias: USD/JPY has taken support 118.04 and has recovered from that level. Overall trend is bullish as long as support 118.03 holds. On the downside break below 118.03 will take the pair to 117.20/116.80 in short term. The pair’s major resistance around 121.83 and any break above would extend gain to 124.13 (Jun 2007 high)/124.59. Minor support is...
EUR/GBP made a low of 0.7758 and has slight recovered till 0.7845 from that level. Overall trend is bearish as long as support 0.7875 holds. On the upside EUR/GBP minor resistance is around 0.7875 and any break of 0.7875 would extend gain to 0.7925/0.7970 in short term. The pair’s minor support is around 0.7800 and break below will target 0.775/0.7694 Indicators...
EUR/JPY has slightly recovered after making low of 140.45. Intraday trend is bearish as long as minor resistance 141.80 (ichimoku cloud bottom) holds. On the upside any break above 141.80 will take the pair to 142.59/143 in short term. The pair’s minor support is around 140.60 (200 DMA) and any indicative break below will target 139.60/138 . Indicators (Daily...
Positioning Bias: AUD/USD is facing strong resistance around 0.8200 and any short term trend reversal can happen only above that level. On the up side break above will target 0.8275/0.83745 (Dec 10th high). The pair’s minor support is around 0.8030 and any indicative break below will target 0.7933 (61.8% retracement of 0.6005 to 1.10792) /0.7800 in short...
USD/JPY has taken support 118 and has recovered from that level. Overall trend is bullish as long as support 117.90 (23.6% retracement of 105.18 and 121.83) holds. On the downside break below 117.90 will take the pair to 117.20/116.80 in short term. The pair’s minor resistance around 119.80 and any break above would extend gain to 120.70/121.65. Minor support is...
Short term trend- Slightly bullish Silver has made a high of $16.69 and is slightly retreating from that level.Overall trend is slightly bullish as long as minor support $15.80 holds. The silver’s minor resistance is around 16.69. On the upper side any break above $16.69 will target $17.30/17.79 in short term. Short term trend reversal only above $17.80. Major...
Gold is slightly retreated after making high of $1222.85 and intraday trend is bullish as long as minor support $1198 holds. On the upside minor resistance is around $1223 and any indicative break above will target $1238/1255 (Nov 21st high). The pair’s intra day support is at $1205 and below that level will target $1198 /1185. Indicators (4 hours Chart) CCI (50)...
Positioning Bias: EUR/USD has broken the minor support 1.18616 after slight recovery till 1.19676. Intraday trend is weak as long as resistance 1.201 holds. On the downside any break below 1.18430 will take the pair to 1.17760/ 1.1687 (100% projection of 1.3699 to 1.2499 from 1.28859). The pair’s minor resistance is around 1.1970 and any indicative break above...
As per our analysis AUD/JPY target achieved at 95.80 book full profits.
AUD/NZD has retreated after making high of 1.05710. Short term trend is bearish as long as resistance 1.058 holds. On the upside minor resistance is around 1.0459 and any indicative break above would extend gain to 1.0510/1.0580 in short term. Long term trend reversal only above 1.0650 (Dec 15th high)). The pair’s minor support is around 1.0420 and any...
Positioning Bias: NZD/USD has recovered till 0.7808 after making low of 0.76174 and short term trend is bearish as long as 0.7870 holds. The pair’s minor resistance is around 0.7765 would extend gain to 0.7815/0.7870 in short term. On the downside minor support is around 0.7700 and any break below will take the pair to 0.7660/0.7609. Indicator (4 Hour Chart)...
EUR/USD has broken the minor support 1.18616 after slight recovery till 1.19676. Intraday trend is weak as long as resistance 1.205 holds. On the downside any break below 1.18430 will take the pair to 1.1687 (100% projection of 1.3699 to 1.2499 from 1.28859). The pair’s minor resistance is around 1.1970 and any indicative break above will target 1.205/1.2103 in...