Intraday trend: Neutral Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 1.5885 Kijun-Sen level: 1.5895 Ichimoku cloud top: 1.5944 Ichimoku cloud bottom: 1.6025 GBP/USD has taken support around 1.5830 and has recovered from that level. The pair is facing strong resistance around 1.5950 (trend line joining 1.6525 and 1.6183) and any intraday trend reversal...
Intraday trend: Bullish Ichimoku analysis (1 Hour chart): Tenkan-Sen level: 115.61 Kijun-Sen level: 115.51 Ichimoku cloud top: 114.76 Ichimoku cloud bottom: 114.71 USD/JPY is facing intraday support at 115.25 (trend line joining 113.84 and 115.23) and any break will take the pair to 115/114.60. Intraday trend reversal -114.60. The pair minor resistance is...
EUR/GBP is facing strong resistance around 0.7870. Short term trend reversal only above that level. Any indicative break above 0.7870 would extend gain to 0.7900/0.7925. Minor resistance -0.7835. Long term trend reversal only above 0.7925. Minor support is around 0.782. On the downside any break below will target 0.776 (161.8% retracement of 0.779 to...
Short term trend: Bullish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 1.1350 Kijun-Sen level: 1.1380 Ichimoku cloud top: 1.1339 Ichimoku cloud bottom: 1.1274 USD/CAD made low of 1.1299 and has recovered from that level. Overall trend is bullish as long as 1.1290 (50% retracement of 1.112 to 1.1465). On the downside break below will target 1.1250. The...
Short term trend: Bullish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 114.92 Kijun-Sen level: 114.76 Ichimoku cloud top: 112.66 Ichimoku cloud bottom: 110.98 USD/JPY made low of 113.85 and has recovered from that level. Overall trend is bullish as long as support 111.50 holds. Short term support is at 113.85. On the downside break below will target...
Short Term trend: Bullish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 0.9680 Kijun-Sen level: 0.9654 Ichimoku cloud top: 0.9667 Ichimoku cloud bottom: 0.9671 USD/CHF is facing strong support at 0.9590 (38.2% retracement of 0.9440 and 0.9740) and short term trend reversal only below that level. The pair’s minor support is around 0.9660. On the downside...
Short term trend: Bullish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 181.98 Kijun-Sen level: 182.68 Ichimoku cloud top: 180.20 Ichimoku cloud bottom: 177.85 GBP/JPY has taken support at 181.06 and has recovered from that level. Overall trend is bullishness as long as major support 181 holds. Minor resistance is around 182.75. Any break above will...
USD/CHF is facing strong support at 0.9590 (38.2% retracement of 0.9440 and 0.9740) and short term trend reversal only below that level. The pair’s minor support is around 0.9660. On the downside any break below will target 0.9615/0.9590. Minor resistance is around 0.9690. Any indicative break above would extend gain to 0.9740/0.9829 0.9829 (100% projection of...
GBP/USD is facing strong resistance around 1.5950 (trend line joining 1.6525 and 1.6183) and intraday trend reversal can happen only above that level. Any indicative break above would extend gain to 1.6000/1.6040. Short term trend reversal only above 1.6040. Intraday minor support is at 1.5830. On the downside break below will target 1.5780/1.5755 (138.2%...
USD/JPY mad e low of 113.85 and has recovered from that level. Overall trend is bullish as long as support 113 holds. Intraday support -114.60. On the downside break below will target 114.20/113.80. USD/JPY is facing resistance around 115.60. Any indicative break above would extend gain to 116.39 (161.8% retracement of 115.50 to 114.05). Recommendation: Buy...
As per our analysis GBP/JPY target 1 achieved at 181.85. It has made a low of 181.59 and is slightly recovering from that level. Short term weakness can be seen only below 181.
EUR/USD made a low of 1.2360 and has recovered till 1.24066 from that level. The pair is facing minor resistance around 1.2415. Any indicative break of 1.2415 would extend gain to 1.2470/1.2500. Short term trend reversal only above 1.2530. Minor support 1.2360. On the downside break below will target 1.2300/1.2260 (161.8% retracement of 1.2500 to...
Short term trend: Bearish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 1.4211 Kijun-Sen level: 1.4207 Ichimoku cloud top: 1.4141 Ichimoku cloud bottom: 1.4175 EUR/CAD made a low of 1.4125 and is recovering from that level. Overall trend is bearish as long as resistance 1.4305 holds. Any break above 1.4305 would extend gain to 1.4350/1.4435. The pair is...
Short term trend: Bearish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 0.7831 Kijun-Sen level: 0.7826 Ichimoku cloud top: 0.7843 Ichimoku cloud bottom: 0.7857 EUR/GBP is facing strong resistance around 0.7870. Short term trend reversal only above that level. Any indicative break above 0.7870 would extend gain to 0.7900/0.7925. Long term trend reversal only...
Short term trend: Bearish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 0.7709 Kijun-Sen level: 0.7750 Ichimoku cloud top: 0.7832 Ichimoku cloud bottom: 0.7863 NZD/USD has made a low of 0.7659 and is slightly recovering from that level. Overall trend is bearish as long as short term resistance 0.778 holds. Minor resistance is around 0.77578 (Nov 6th high)....
GBP/JPY is retreating after making a top around 184.31. In one hour chart it is trading below Tenkan-Sen and Kijun-Sen which indicates slight weakness for the intraday. Minor resistance is around 182.75. Any break above will target 183.20/183.78. Intraday major support is around 181.85. Any indicative break below would extend loss to 181.10. Recommendation: Sell...
AUD/JPY made a temporary top around 99.70 and is in consolidation phase. Intra day trend is bullish as long as major support 97.80 holds. Any break below 97.80 (23.6% retracement of 91.75 and 99.70) will target 61.8% retracement of 95.36 to 99.70 at 97.04. Minor support is around 98.50. Minor resistance is around 98.87. Any indicative break above would extend...
Short term trend: Bullish Ichimoku analysis (4 Hour chart): Tenkan-Sen level: 143.19 Kijun-Sen level: 142.35 Ichimoku cloud top: 139.27 Ichimoku cloud bottom: 138.28 EUR/JPY has taken support near Kijun-Sen and has recovered from that level. Short term trend is bullish as long as major support 141.35 holds. On the downside break below 141.35 (Resistance turned...