sanjoyforever

sanjoyforever

USDCHF has always respected 200 DMA. Also it has the third touch for the trend line. Looks that there would be a trend reversal.

sanjoyforever

EURUSD amidst of the weaker USD performance may test 1.14 levels in coming two to three trading sessions. Post that it may have sideways movement, since USD may be weak considering COVID19 impact. Once things gets stablised, EUR will start to come down to test further lows.

sanjoyforever

USDCHF after broken all levels of support is probably looking to test the 2018 lows of 0.92 levels. This COVID19 impact is not going to go away anytime soon. It may bounce on the data of unemployment rate coming next week. I would recommend to go short on any pullback til it reaches the support levels.

sanjoyforever

Nifty looks like will go up after the third touch. Though the breakout of the third touch suggests that it may fall, but the fall was more related with the Yes Bank fall or the FII data was suggesting that there is a bullish bias. In my opinion it will further go up till 12K mark again. However there is a alternate scenario. If the YesBank mayhem continues and...

sanjoyforever

I think the Gold will further go down, due the Dollar Index going up, China ongoing issues with US suppressing overall metals. Currently Gold holding on to 1200 levels. But there is no reason why would it hold to those levels considering that once it bounced back, but this time if it breaks, then it will very soon start testing 1120 levels

sanjoyforever

Nifty forms hanging man at top with a bearish candle. NSE: So in coming sessions it could shed around 150 points and if the first resistance level fails then we could be looking at 10100 for Nov Closure