Hey Guys, The kiwi reverses its gains, Having posted a session high near 0.6890 region, the NZD/USD pair ran through some fresh offers and drifted into negative territory for the fifth consecutive session.The pair extended its bearish slide through the course of current trading week and is now headed back to nearly 10-month lows touched in the previous session,...
Hey Guys, GBP/JPY continues sharp breakout flow on Thursday to hit its highest level since early-February, extending the sharp breakout move that has been in place for more than a week. This breakout was initiated last week on April 18th, after UK Prime Minister Theresa May called for a snap election to be held in June.This political move was undertaken so that...
Hey Guys ~AUD/USD is among the list which i'm gonna target this week. ~As you guys can see on the chart that pair is inside the correction structure with almost heading on the direction of 1'o'clock. ~We don't see any Impulse wave that breaks the previous high. ~We are definitely looking for a break southwards,with price hovering around the resistance area ...
Weekly Outlook 24-04-2017 - 28-04-2017 ~ Market opened with an expected gap witnessing France election & the Euro dominated the world.Now the point is will the Euro continue its run of will it fall. One cannot predict it from the current scenario As we need more conformation. ~ So talking about ideology on Eur/Usd is, this pair is going to fill the gap if...
hey guys ~any continuation to the down side will indicate a move towards south. ~ if you see a impulse instead of correction once it reached our target than wait for continuation on the move towards the north. ~ buy the dips or sell the bounce. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer:...
hey guys As you all are aware of the political risk that surrounds us every time let it be Brexit or maybe an upcoming Frexit we don't forget to find trade setups & we don't stop trading so lets grab the opportunity & start the week with positive vibes. Coming to the technicals we have a possible move towards the south in the DXY which we still think is active &...
Dear Traders and followers, I am anticipating that eurusd price will go to the price of 1.0866 after a retracement to the price 1.0680 and a possibile entry from 1.0866 that's a D" point of bearish bat and take tp on 1.0743. Ahead wait for price action. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade...
Dear Traders, There is lot of indecision in the market because of geopolitical issues and french election. As we are seeing price of dxy getting down very sharply but eurusd price is not rising in comparison. Currently,price is in bearish flag with abcde wave. E point will be most crucial point because if it breaks then it leads the price towards 1.0810, 1.0875,...
hey guys, ~ last week we were waiting for some price action either a continuation or a impulse to enter the market as you see on the chart its marked in a blue circle. ~ as of last week the pair formed an impulse and broke the trend line & even the bollingers middle band that sort of price action indicated a change in trend. ~ the impulse is on its last stage to...
Dear Trader, There is a idea of falling wedge which provides a long entry. EURUSD AND DXY both chart have falling wedge. EURUSD: Falling wedge has almost completed but price may go to 1.0565 after it possibility of breakout increases for upper side. DXY: If we pay attention on dollar index it shows us lower low under falling wedge. According to this scenario...
Hey Guys, ~ I'm Anticipating A Wave southwards Due To The Price Action. ~ The Pair Made A Strong Impulse Followed By The Correction & These Strong bearish Impulse Can Be Traced As Shown In The Chart Indicating A Strong bearish Momentum. ~ The Price Broke The Trend Line or the rising wedge And The Middle Band Of The Bollinger. ~ As Of The Now The Pair Is Headed...
Dear Trader, I am just Trying to present some technical tools like bullish crab and bearish ABCD.With the help of that, I found that Eurusd price can test up to 1.0930. Logic to test 1.0930, 1.0830 Golden Ratio of fib level can be found over there which is 61.8% (1.0930) Another also Golden Ratio of fib level 50% most approachable level and 3 times support,one...
hey guys, ~ i'm anticipating a wave northwards due to the price action of last week . ~ the pair made a strong impulse followed by the correction & these strong bullish impulse can be traced as shown in the chart indication a strong bullish momentum. ~ the price broke the trend line and the middle band of the bollinger. ~ as of the now the pair is headed...
hey guys, ~ i'm anticipating a wave northwards due to the price action we saw last week ~ after a strong impulse we saw a corrective structure an indication of trend continuation ~ as of last week we saw the price breaking the trend line which was a strong one from past 3 months. ~ the price broke the middle band & the trend line indicating a trend reversal. ~...
Dear Traders, After a long period, Price range is going to break. currently, price is in rectangle, completed a flat correction and Started a new impulse wave which will end between 1.0109 to 1.0009. Flat correction 3-3-5 can be easly found on chart and take a entry after a retracement. Note: Everything works with Best money management. Note: Please leave...
hey fellas, ~look for buy opportunity on the breakout of the bullish flag. ~secondly wait for more continuation pattern on the lower time frame i.e 15 mins or you can go lower. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
hey fellas, 1. Technical Analysis ~The New Zealand Dollar may be preparing to re-accelerate downward for a challenge of lows established in early March against its US counterpart. ~Prices appear to have cleared the bottom of their near-term digestion range, paving the way for resumption of the downtrend begun in early February. ~From here, a move below the...
Dear Traders, Currently,Seller has full control over EURJPY pair but after conversation of trump with WSJ dollar weakened and continuously sell off.that is why euro has more demand and jpy also demanding currency currently. I think, this pair will range to the price of 117.44 and after it take a short entry to the price of 112.60. If price approaches 112.60 then...