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GBPJPY Short positions may opened at the major resistance level which is 126.750 Potential take profit will be 123.100 Stop lose may placed above 128.00 Leave your valuable comments below

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EURUSD As the corona virus cases surging in European region the stocks and indices are falling down and the investors are selling off their portfolios Recently the Euro got more weakness due to this And ECB is trying to provide additional stimulus package to cop up with the outbreak EURUSD is trading in a downtrend channel After reaching the 1.09781...

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CHFJPY For the past one month CHFJPY pair is trading in a narrow range of around 100 pips We can expect the breakout as its further narrowing the channel Suitable short positions may open at this level 112.500 which is also a 23.6% Fibonacci And the potential take profit will be 110.500 Stop lose may placed above the top side resistance level which...

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GOLD After reaching the major support zone 1450.00 the buyers got some strength the trend line has broken and pushed the price higher towards 1550.00 We can expect short term fall back towards 1504.00 level From this point we can open long positions and the potential take profit will be 1596.00 Stop lose may placed below the 1495.00 level Leave...

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CHFJPY After reaching the topside resistance level which is 114.00 level its started falling towards 11.200 level short positions may opened at present level which is 112.336 Potential take profit will be 111.200 Stop lose may placed above 113.300

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GBPUSD After reaching the march high 1.31900 which is wend down all the way to 1.21950 Its lost its ground against US dollar. Its felled almost 1000 pips We can expect short term pullback towards 1.24200 which is 78.6% Fibonacci And we may expect further resistance towards 1.26240 Potential short positions may open at 1.24200 level and take profit...

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BITCOIN Due to the lack of investors in bitcoin it has lost almost 50% of the recent gains The negative risk sentiment accelerates further selling of this pair Most of the cryptocurrencies followed the same suite 5600 is the recent resistance zone which is also a 23.6 Fibonacci level The rising wedge pattern is forming will cause further falling ...

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USDCAD The CAD movement is mostly based on the movement in oil market. As the Canada is one of the major oil exporting countries and their economy is also depends on this type of oil based industries After touching the march low which is 1.33250 it has reached almost 1.40000 level We can expect short term fall back towards 1.36400 which is also a 50%...

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EURUSD More or less the same type of falling has happening in EURUSD as GOLD The more and more cases were tested positive in corona virus infection And the market forecasting/expecting a rate cut from ECB,this will further weaken the Euro against all the pairs. Now its currently trading at 1.11000 level which is 61.8% Fibonacci level As the downtrend...

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USDJPY In 4 hour chart we had half legged doji formation which is a clear signal for further selling of this pair USDJPY is in downtrend for the past one month. As the JPY is considered as safe heaven asset the number of positions has increased in recent days 108.160 region is a strong resistance zone from this point we can expect further selling of this...

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GOLD Though the risk sentiment on the gold has less investors. Amid corona virus fear the investors tend to invest in gold,CHF,JPY as a safe heaven assets After reaching the milestone level of 1700.00 a stronger bearish engulfing handle has formed in 4 hour chart its almost lost 2000 pips in the span of 9 days Further downward momentum will persist in...

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BITCOIN After reaching the February high of 10500.00 its started falling. Now its trading below 61.8% Fibonacci level Sell position may opened at this level And potential take profit will be 6450.00 level Stop lose may placed above the 50% Fibonacci level which is 8400.00 level

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USDJPY As the risk sentiment arises the safe heaven Yen has gained the major strength and rallied almost 1000 pips and reached 101.300 level and stalled We can expect further upward rally in comingdays Buy orders may placed at 104.300 level And potential take profit will be 106.800 Stop lose may placed below 103.500 level

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GOLD Gold has rallied due to the spreading of the coronavirus. And reached 1700.00 historical level For the past one week its in consolidation phase The fresh stimulus package from USA will strengthen the USD We short the gold against USD from 1665 level which is currently a 61.8% Fibonacci level And the potential take profit will be 1517.00 ...

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GBPUSD Due to the weakening of the dollar GBP has managed to break the trendline and reached the major psychological level of 1.31500 Then it may retrace towards the supportive level which is 1.29900 coincide with 61.8 Fibonacci level From this point we can expect the bullish run towards 1.31800 Stop lose may placed below the trend line Leave your valuable comments below

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BITCOIN Due to the weakness of the dollar the bitcoin has acquired some strength enough thrust towards 9000.00 Its now trading above the 61.8% Fibonacci level. We can expect another round of bullishness towards 10000.00 level. Leave your comments below

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GOLD We can buy at the retrace level which is 1652.00 And the potential take profit will be 1720.00

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USDJPY We can sell this par and the potential take profit will be 105.300