SirajHudda

SirajHudda

NZDUSD reached the top of trendline completing the Wave Pattern.. Now it can either go and test the bottom of the channel again or break down below the channel to make new lows. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda

CrudeOil has reached all its target as per Previous Forecast. Crude has gone up in what looks like a 3 Wave up move where Wave A = Wave C after which it started to decline and made a bearish candle stick pattern of bearish engulfing pattern. There has been consistent divergence with MACD for the wave C up move indicating that this is perhaps not a 3rd wave rally....

SirajHudda Updated 

EURUSD road map shown on the chart as per wave analysis and my understanding of wave principles. EURUSD is in Primary 4th Wave down wards. The wave structure that it has made till now indicates that it might correct towards 1.1100 first and then rally towards 1.1800 levels to complete the W-X-Y move after which we might see declines again. Lets see how it...

SirajHudda

Copper has declined in five wave down move which looks like a third wave of the C wave correction.. Copper might give a little upside correction as 4th wave of Wave C before going down further. Its a short term trade. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook:...

SirajHudda

Gold has started its down move again after giving the three wave upmove in a corrective trend channel. The current down move is expected to go around 1180 where the correction might get over and the new upmove will probably start from there. One can go short on Gold with stoploss just above today's high of 1270 with Target of 1180. Happy Trading!! Siraj Hudda,...

SirajHudda

Crude Oil after giving the first round of declines has made an corrective upmove in 3 waves which has reached wave a = wave c levels and we might potentially see another round of declines towards 34 to 32 levels in Crude Oil to Complete the Correction of the Larger Up move from 26 levels to 42 levels where one can Buy Crude Oil again. Happy Trading!! Siraj...

SirajHudda

GBPNZD has been declining in the declining trend channel.. Current upmove has reached near the top of the trendline from where it could potentially go down one more time.. I would take a short position with stoploss just about the trend channel where it will give a breakout if not then will look for targets around the recent lows that were made. If you have any...

SirajHudda

Gold has rallied up in a very corrective manner which suggests that it might give a correction first before going higher. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda

Natural Gas has given a breakout from what looks like an Ending Diagonal. One can Buy NGAS now with stoploss just below the low and targets around 1.95 / 2.15 Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda

Natural Gas after a large correction gave a fast 5 wave up rally towards 2.48 levels and since then has been correcting again. The correction has been in 3 waves which is complete or about to complete and we might see a new rally upwards from here which would either be a Wave C or Wave 3 and in both cases would go up. Therefore, one can go Buy Natural Gas now with...

SirajHudda

WTI CrudeOil is again retracing back after touching the top of the trend channel.. If it does not break then it is going down once again towards 24 levels. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda

EURCAD has made a down move and was correcting for while which now has completed..It would go down around 1.5000 levels again to make C Wave move to complete the ABC correction. One can go short on the pair now with stoploss just above the high that was made..

SirajHudda

CrudeOil has either bottomed out or is bottoming out with one more down move probably before we see a reversal.. CrudeOil is good opportunity to buy when it make one more low or gives a break out of the downtrend channel as show on the chart.. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email:...

SirajHudda

GBPAUD is correcting in a channel and the correction is almost complete.. One can Go long on the pair at current levels @ 61.8% Fib Retracement with stop loss around 2.0000 and targets around 2.3300. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter:...

SirajHudda

GBPUSD after a long decline is giving a Buy setup on hourly and 4 hour chart. I am going to use Divergence trading strategy to enter the trade at 50 to 61.8% Fib Retracement as shown on the chart. The Divergence trade has qualified since it has made a new high.. There are several trendline hurdles in between but I expect it go higher atleast till 1.4450 level.s...

SirajHudda

USDCHF is giving a Short Setup after making 5 wave decline it made a corrective up move at 61.8 fib level. I would expect the pair to go lower from here for a target of 0.97640. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter:...

SirajHudda

EURUSD is trading within the channel and there is a possibility of testing the lows of the channel again before breaking out of the channel. Details are on the chart.. One can go short now with stoploss above 1.0975 with targets of 1.0800 and lower. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email:...

SirajHudda

CrudeOil has made new lows now and is at the bottom of the channel.. I would expect it to give a bounce from current level and go higher from here either for short term or this being the lows that it will probably make.. I am being bullish on Oil for now.. Lets see if anything changes.. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype:...