EURAUD Structure Breakout. We can spot a breakout in a downtrend structure in 30Min time frame. Market has made a higher high, which indicated a new upcoming uptrend. Market is not expected to test the levels of 1.54260 on higher side. Major support at level of 1.52670.
USDJPY: Market at the major resistance. Market is expected to go down if it will not break the major structural support. it is expected, market may touch the support levels of 133.000 and 131.700 in next few sessions.
Let's look at Tesla from the technical point of view. On the chart we have an inverse head and shoulder pattern which signifies an onset of a bullish movement with current price also breaking the resistance trend line indicating strong momentum from the bulls ( buyers).
Double Bottom spotted in US100. Market has already broken the neck line, and also broken the structural resistance. The breakout of structural resistance, indicates the starting of the new uptrend in the market. This uptrend can push the market to the resistance levels of 11400, 11580 and 11950 in upcoming sessions.
GOLD: ENTERS INTO AN UPTREND. In a daily Time frame market has broken the downtrend structure by creating a higher high. Now market is expected to form a Higher low. One may enter into a long position once market will make a higher low. watch carefully for the entry levels.
Price Is at a strong support trend which could possibly see buyers coming into the market to push the price up
ALI BABA : NEAR STRUCTURAL RESISTANCE. In daily time frame, we can see market is moving in a clear downtrend structure. The recent lower high is at 125$ which can act as a Major Structural Resistance for the market. Market is expected to continue its downtrend in upcoming sessions. If resistance of 125$ manages to hold the market, we can see the levels of 85$ per...
JSW STEEL:- EXPECTED TO CONTINUE UPTREND. Market is currently trading in an up trend on 4H time frame. And recently market has taken support from its higher low. Market is expected to test the level of 780 per share.
We can Spot a double bottom in Boeing on a daily Time frame. Neckline of a Double Bottom has already been broken. One may enter into a long position after a pull back. Market is expected to reach the target of 230$ per share. Major support is at level of 175.
Head and Shoulder in AUDJPY daily time frame. Neckline has already been broken and market is currently moving in a downtrend. Currently market is retesting the neckline resistance. Market is expected to be bearish for few upcoming trading sessions. It may test the support levels of 86.000 on downside. Major structural resistance will remain at the level of 95.500.
Hi Traders, on today's pair , we are looking at GBPCAD for a sell. We are on a bearish trend and current with a break and retest of support as resistance
Hi Traders, EURJPY broke below the support trend line and retesting the previous support as resistance
AUDCAD has presented an interesting price action. Trend has shifted bearish and we will look for a short once the correction phase is over.
hello traders, GBPCAD has given us an interesting price action which can see the market going lower to the next support level with is also in confluence with the primary trend line
Gold is at a resistance level with a rising wedge pattern
AUDCAD has created a double top formation which indicates a potential exhaustion of buyers and an onset of bearish momentum
On US100, we have spotted a double bottom at a support level 11450 with a break of the neckline
On USDJPY, we are on a bearish trend which indicates sellers existence in the market. Price is currently retracing to a resistance level correctively in a channel which was a support at 138.00. We will look for shorts once the channel breaks with some sellers momentum