US100/NASDAQ is trading in bullish parallel channel, respecting HHs and HLs. Recently it has bounced from important support zone. We are expecting bulls will drag the price further upside. Trade your levels accordingly.
NZDUSD is trading in bearish channel making lowers lows and lower highs. Currently it has taken support from 0.67387 level. If this support taken out we can have atleast 40 pips ride. Alternatively, break of parallel channel can give a bullish rally. Trade your levels.
GBPUSD has hit the daily resistance zone at 1.36085. Technically speaking, this area is looking difficult to break for now. One can look to sell it on strenght with Stoploss just above the resistance zone.
USDCAD is trading in donwntrend, making lower highs and lower lows. It is approaching to good support zone. One can build long postion on Support. However, break of this support line. We are expecting more bloodbath in USDCAD. Trade your levels accordingly.
AUDJPY is trading in a parallel bullish channel. It is near the support channel, which is the confluence of parallel channel and horizontal level. On break of it one may take short position.
USDJPY price has bounced above the resistance zone but failed to sustain. Bears again see this as an opportunity and they can pull the price towards the 115.00 level again. We can see the price also broke the trendline. So selling on strength will be a good strategy. Good Luck!
SYSUSDT Price was moving positively before the market turned into bearish, and the price reached a critical support area. As we can see the price has always respected the EMA 21 for quite a long time but failed to sustain it yesterday. But today the price aggressively jumped back and tried to close above. If it happed it can continue its momentum. Good Luck!
SUPERUSDT price dropped as bearish sentiments prevail in the market last week but as we can see the price holds its fib level golden ratio support. And wedge formation can also play its part in establishing a bullish sentiment. So keep an eye as we are expecting the bulls are just warming up in Super. Good Luck!
AVAXUSDT price has tested the horizontal support once again and bounced aggressively. As we can see in the chart price always respect this support at the daily timeframe. So we are expecting the price may be moved towards upside to recover from its oversold zone. Good Luck!
LINKUSDT price Analysis: This pair has performed better in the current market situation. Price jumped up aggressively when there is any downside activity and bulls feel this an opportunity to hold their momentum. So we are expecting any corrective move to the upside by BTC will definitely help link price to grow further towards 30.00 level again. Good Luck!
EURCHF price is trying to break the channel, There is also a breakout on a bigger timeframe. So we are expecting the bulls will try to fuel up their momentum and pull the price towards 1.0500. Good Luck!
LTCUSDT price analysis: Price has moved almost replica to the previous movement. So We are expecting history may repeat itself and bulls can trigger their move if the price succeeds to break the trendline again. So let see how price action works. Good Luck!
MATICUSDT price is moving in a parallel channel for a long time. Now again price reached a lower trendline and bulls again react and drag the price towards the upside. If they carry out the momentum we could see ATH again. Good Luck!
NEARUSDT price dropped after yesterday's movement in the market but recovered significantly and showed a double bottom formation and previous breakout retest at the chart. We are expecting the bulls will keep the momentum and will push the price further up. Good Luck!
EURUSD price is flirting with resistance zone bulls are not in that momentum to clear this hurdle once again. So we are expecting that bears can still be in the position to drag the price towards the 1.1200 level again. Good Luck
GBPUSD price reached a confluence zone this week where it got a rejection from a long descending trendline and strong resistance zone. It is also a lower high formation. So we are expecting the bears to again enter with new energy and can drag the price towards the 1.3350 level. Good Luck!
EURCAD continues its bullish momentum this week and reached a trendline resistance, as momentum suggested bulls contain their move and will cross this hurdle and try to pull the price towards 1.4600 level. Good Luck!
GBPJPY price dropped after hitting the resistance area, for bulls they are again failed to cross this hurdle, so we are expecting sell on strength will be a good strategy as the price is close to breaking the trendline support also. Good Luck!
