KaltoireCapital

KaltoireCapital Updated 

Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, AUD/USD fell quite rapidly during the Asian Trading session on Friday. However, the price has made a quick recovery since then. AUD, considered a risk asset mostly falls during times of geopolitical tensions and economic crises. . However, I...

KaltoireCapital Updated 

Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, NZD/USD fell quite rapidly during the Asian Trading session on Friday. However, the dip seemed like a buying opportunity to me as technically, NZD/USD touched the lower trend line of the price channel. So, I added a buy in NZD/USD@0.5865. If the...

KaltoireCapital Updated 

Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, GBP/USD fell quite rapidly during the Asian Trading session on Friday. However, in the 4-hour chart, we can see that the price is currently at the lower trend line of the price channel. So, if the lower TL holds, traders can consider going long...

KaltoireCapital Updated 

Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, EUR/USD fell quite rapidly during the Asian Trading session on Friday. However, I saw the dip as a buying opportunity believing a market recovery is on the cards. Besides, the 1.06 level remained unbroken too. I bought EUR/USD@1.0615 with my...

KaltoireCapital Updated 

Hello traders, in my previous Gold analysis, I recommended buying Gold at the hourly support level near 2430. As you can see, that idea generated over 600 pips profit. Currently, Gold is near the hourly support level again. So, if price doesn't fall below the 100- hour EMA level, traders can consider buying Gold@2367-2375 with stop loss below the hourly support...

KaltoireCapital Updated 

Hello traders, GBP/CHF is approaching a multi-week resistance zone from where price could potentially fall 200+ pips. This zone has has worked as a strong resistance in the past, and if there is bearish price action in this zone, traders can consider selling GBPCHF@1.1480-1.1525 with Stop Loss above the 1.1550 level and TP at 1.13

KaltoireCapital Updated 

Hello traders, after declining to 190 level, GBP/JPY has staged a remarkable comeback. The support level on the 4Hour chart has held and GBP/JPY is currently up 170 pips from the lows. So, congrats to all those who managed to buy the dip in GBP/JPY. Currently, the next Resistance level lies at 192.96 level followed by 193.55 Based on the price action, it...

KaltoireCapital Updated 

Hello traders, EUR/USD has managed to defend the 1.06 level so far. Currently, on the 4Hour chart, we are seeing the formation of a bullish candlestick. So, the question is whether there will be a sustained recovery in EURUSD? The first resistance level for the EURUSD bull lies at 1.0665. If the bulls manage to break this level strongly, then there can be further...

KaltoireCapital Updated 

Hello traders, GBP/JPY has been trying to break the hourly resistance at 192.75 but so far, it has not been able to do so. That being said, we are continuously noticing higher lows in the hourly time frame. So, the current price action on GBPJPY is messy. Although I have been scalp selling GJ every time it reaches 192.75, I feel less confident in selling. In...

KaltoireCapital Updated 

Hello traders, the 1.24 level has remained unbroken so far in GBP/USD. There have been quite a few bounce-ups from this level. GBP/USD rose up by 70 pips after touching the lows at 1.2407. However, the small bullish impulse has meet with the hourly resistance at 1.2480 level and moved lower. So the immediate hurdle for the bulls is at 1.2480 level . Bulls need...

KaltoireCapital Updated 

Hello traders, there was a big pullback in Gold on friday. Price fell almost 90 USD( or 900 pips). However, price is currently at the hourly support zone. So, if the hourly support zone remains unbroken, traders can consider buying Gold@2340-2350 with Stop loss below the support zone and TP at 2430. With the current geopolitical situations and tensions in the...

KaltoireCapital Updated 

Hello traders, in the USD/JPY daily chart, we can see the formation of a massive ascending triangle. The upper end of the triangle is at 152 level, which if broken could lead to a massive leg up. At this point, I would recommend traders to avoid placing short entries. In fact, the plan would be to see how price behaves at the 152 level. If there is a breakout,...

KaltoireCapital Updated 

Hello traders, I hope you had great profits by selling AUD/USD last week. In my previous AUD/USD idea, I recommended selling AUDUSD@0.6620 zone, that call generated over 180 pips profit. Currently, AUD/USD has bounced off the support zone by almost 30 pips. This makes me wonder, if there is a potential long entry here. So, if the support level that I had...

KaltoireCapital Updated 

Hello traders, GBP/USD has fallen massively post the US CPI data release last week. While I expected price to fall upto the 1.2520 zone, I did not expect the 1.12520 horizontal support to break down. Looking at the chart, we can plot a price channel and currently, the price seems to be at the lower trend line of the price channel. So, in my opinion, this is the...

KaltoireCapital Updated 

Hello traders, EUR/USD fell heavily post the release of CPI data from the US last week. While I anticipated EUR/USD to fall to the 1.0740 zone, I did not expect it to break the horizontal support level. Currently, EUR/USD is at the lower trend line of the broadening wedge pattern . While the price action does not look bullish yet, I am still considering at buy...

KaltoireCapital Updated 

Hello traders, AUD/USD has been struggling to clear the 0.6620-0.6650 resistance zone. We have observed multiple bearish candlesticks on the hourly chart. So, if price continues to struggle here, there could be a potential short opportunity with initial target at 0.6550 level. Keep in mind that this is the hourly chart, so even if you sell, consider taking...

KaltoireCapital Updated 

Hello traders, yesterday, I published an idea about Gold going back up again after hitting the 2325 level. As you can see, price moved up more than 40 usd(400 pips) after hitting the 2325 zone. Currently, Gold is in a pullback phase after reaching the highs of 2365. Over the past few days, all dips in gold have been bought by the bulls. If you notice the 15...

KaltoireCapital Updated 

Hello traders, I am observing the 4H chart in EUR/JPY and I have noticed a potential sell opportunity. This could be a potential double top on the 4H chart. So, if the resistance zone holds, traders can consider selling EURJPY@164.88-165 with TP at 163.65 Note that, the sell condition will be valid only if the resistance zone highlighted in the chart remains unbroken.