iphtikhar

iphtikhar

Aggressive bullish momentum with holding high position indicate trend continuation. Technically and fundamentally gold will be bullish. Gold may go for its ever high levels that could be 2150 so strategy is simple try to add position at dips.

iphtikhar

Bearish opportunity may arise. 1, Double top at 4hrs 2. Break trend line 3. Retest trend line 4. Weakly candle bearish spinning 1938 support is important keep eye on it.

iphtikhar

1. strong resistance 2. fib .618 level 3. down trend lower low lower high 4. fundamentally (dxy struggling)

iphtikhar

Strong bearish momentum with cup and handle pattern break out. DXY also going for next higher high. A waterfall move expected in GBPUSD.

iphtikhar

Dxy could not break its previous higher high at daily time frame. Rejection from same resistance with bearish divergence could become night mare for DXY.

iphtikhar

1. Dow ll & lh 2. decending trend line 3. fib 0.612 4. resistance zone

iphtikhar

Audjpy enter into resistance zone. Trend line can also put pressure towards downside. Four hours rejection candle also indicate towards bearish move. Best of luck

iphtikhar

Down trend of USDCHF could face rejection from its resistance zone. Bearish divergence at RSI also indicate towards short term bearish move. Trade according to your risk apatite.

iphtikhar Updated 

GBPUSD likely to continue its bearish rally after correction. Rejection from strong resistance level and trend line indicate towards short. Moreover fundamentally despite positive yearly CPI bears dominance strengthen short idea. Trade according to your risk management policy. Good LUCK!

iphtikhar Updated 

Strong rejection from resistance zone and trend line confluence indicate bears dominance. So a bearish move could be expected here. Stop loss will be 18112 and target 1700. I am with sell you can trade according to your risk apatite.

iphtikhar

1. Lower low & lower high( day time frame) 2. Bearish trend line 3. Resistance zone 4. RSI Divergence 5. Over bought I am with short

iphtikhar

Important resistance with trend line confluence ahead. A bearish rally expected from current levels.

iphtikhar

The dollar index, which measures the greenback against six peers, was steady in early trade at 106.39 having eked out small gains overnight. The dollar's strength has yet to peak as it break wedge upward with a strong bounce. Bullish divergence at 4 hrs time frame also support bullish idea.

iphtikhar

Gold test its bearish trend line after an aggressive bounce, RSI also show bearish divergence so, a bearish move expected here. For bullish move wait for the break of resistance level 1811.

iphtikhar

EUR/USD has not reached the 1.0339 resistance level yet. The pair mostly trading sideways below the level and will wait for further development. We still think the pair will resume the bearish movement to target the level below parity. However, a close above 1.0339 will delay the bearish outlook and open the chance for a bullish correction toward 1.0650.

iphtikhar

Wedge break downwards with double top will give a massive short opportunity . I am with bearish. Trade according to your risk with tight stop loss. Best of luck

iphtikhar

In short term gold will be bullish but from resistance zone there will be great opportunity for short. Plan according to your risk apetite.

iphtikhar

Break in Bullish flag Break 1831 support Break bullish trend line Double top