kmk.msp

kmk.msp

Silver is in Bullish flag

kmk.msp

NZDUSD Beraish WW Pattern

kmk.msp Updated 

GBPAUD is at important point where breakout or continuation of bear trend may restart. AUD has come under pressure due to worst CPI. rate decision on Tuesday will decide about the possible direction. I think RBA will remain on hold because buliding approvals, and labour market data is robust from last few months (employement change, unemployement rate) & GDP. Good Luck

kmk.msp Updated 

GBPCAD is again following Bullish WW pattern and may target 1.86-1.87 before reversal with final bearish target of 1.81

kmk.msp

AUDUSD has broke the rising trend line. It may pullback from the current price action to retest the broken trend line at 0.754-0.756 before move lower to 0.73-0.735

kmk.msp Updated 

Possible scenario for Gold/Silver ration. If it happens than since Gold has broke out from consolidation while silver has relatively remain calm due to Gold/Silver ratio. If Gold from now corrects and came down than Silver will come down faster. If silver reaches 16.35-16.5 than it will be great opportunity to go long on silver.

kmk.msp Updated 

From low (1.057) to high (1.131) it is retracing to 0.618 fib 1.086-1.088 and may bounce from this level and may target 1.16 and than 1.20. Bullish trend line in RSI also supports this view as it reaches important support.

kmk.msp Updated 

Gold is inside old channel again at important support. If support hold than it will top of channel at 1300 followed by 1350

kmk.msp Updated 

USDCAD is about to complete Bullish WW Pattern and now may target point 6 at 1.27-1.29...

kmk.msp

Dollar index is trading within ascending channel...

kmk.msp Updated 

WTI crude oil after Rejected from 200 DMA has completed wave 1. Wave 2 is also about to complete after retraced from 0.618 fib level of wave 1 high and low. Wave 3 will now start will bring it to previous low at 26 probably. Finally will target 21-22.

kmk.msp Updated 

GBPCAD is forming bullish Wolf Wave Pattern. Point 3 is 0.618 fib of 1.81 and 1.832 low and high. It may target point 5 or 5' and than will reversed to target 1.805

kmk.msp

AUDCAD is forming Bullish WW Pattern and current price level @ 0.955 may be the point 4 of this pattern. Point 4 is also 0.618 fib retracement of 0.915 (Low) and 1.016 (High). This level at point 4 is also contain horizontal support.. If the pattern is right than 1.04-1.05 may be the target in long run...

kmk.msp

NZDUSD is potentially forming Bullish WW Pattern. Lets see whats happens

kmk.msp

NZDUSD is probably forming a potential Head and Shoulder. It is very early to predict that pattern but on going formation is like H&S pattern. If it retrace from the current price to form the right shoulder that it will also correspond to 0.5 to 0.618 fib retracement of 0.705 (high) 0.68514 (low). If that happen and if it breaks neckline at 0.685 than potential...

kmk.msp

Gold is about to complete its bullish ww pattern and it may reverse from point 6 at 1205-1210

kmk.msp Updated 

Gold going to test neckline of Potential Head & Shoulder Pattern. Short term opportunity for going Short...

kmk.msp Updated 

AUDNZD is at Strongest Support @ 1.05-1.06 also corrospondes to 0.618 retracement between 1.0015 to 1.140. This bullish WW as well as Inverse Head & Shoulder will target 1.22-1.25 (Strong Resistance)...