GBPUSD yes Pound is dropping drastically and reached a level which Bears were eyeing, so let's hope the exhaustion will come into effect and we will a sharp move. 1.35000 is a psychological level, little downside could be a false breakdown so watch the price action closely. Good Luck!
Bullish Indicators: 1) Support zone at 1.15182 Bearish Indicators: 1) LH LL 2) Resistance zone at 1.16949 Plan A: Pair will likely test the resistance zone of 1.16949. One can buy from here for the target of 1.16949. Plan B: On the breaking of support zone of 1.15182 from here pair will likely move toward the support zone 1.14250.
NASDAQ is hovering around its ATH, so we are expecting that price will drop and correct itself towards 16100-16000. There is also showing divergence at 1hr time frame. Good Luck!
Moving in a converging triangle. AAVE needs to takeout 350 and stronghold above it to unleash aggressive bulls that are likely to drag prices towards 415 followed by 520. On Downside 280 is acting as a major support.
Standing on a major support of 0.0000555. It is likely to hold this support even if partial. One can look to target 0.000065 followed by 0.000076 zone. However breach of 0.0000555 would lead towards 0.000049-0.000045 region.
GBPAUD however got resistance from 61.8% fib level and retraced, But there is still hope that it will continue its trend and will touch the near-term resistance zone towards 1.84700. Good Luck!
NZDCHF is moving in descending channel for some time. So we can expect a continuation towards 0.64900. where trendline support also lies.
AUDJPY is facing a critical area of resistance where a downward trendline also lies. Let's do some short towards 84.50.
NASDAQ is glooming at ATH for a few weeks and showing buyers' great interest. Some positive news and the extraordinary result keep its bull run intact. But now we are inches closer to a parallel channel resistance area around 16300 which was respected for a long time. So watch closely and any downside activity will lead it towards near-term support 15900. Good luck!
Gold fresh drop still has the momentum to continue itself towards 1765 in near terms as it broke and retested its channel's trendline. So one could enter for some more exciting run. Good Luck!
USDCHF upward surge facing a confluence of resistance zone trendline lies. So we can expect a downward correction towards 0.9100. It is a lower timeframe idea so some good pips will be a treat. Good Luck!
Price breaking out of a Converging Triangle and heading towards a target of 3.40. SXP has for the first time given a closing above EMA 50 since 7th September.
EURAUD sharp upward movement can face a resistance area, a breather also. So we can expect a short-term correction towards 1.55300-1.5500. Although it is still strong but you can taste it for some quick gains. Good Luck!
Holding a major support of 16.40 and is likely to head further up from here. On back of multiple break-outs QTUM is lining up for another Leg targeting 24-25. 19.10 is likely to a give resistance however surpassing this would pave path for a smooth sail towards eventual Target.
Establishing AB=CD Harmonics Pattern. Its likely to target anywhere between 4680-4730. 50% Fibo at 4180 is acting as a good support and a potential zone to trigger longs.
Bullish Indicators: 1) Support zone at 1.53456 2) Bullish Candle Bearish Indicators: 1) Resistance zone at 1.56091 Plan A: One can take long position on the breaking of resistance zone of 1.56091 for the target of 1.57665 and 1.58937. Plan B: One can take short position on the failure to break the resistance zone of 1.56091 for the target of 1.53546.
AUDUSD possibly turning its trend towards a corrected move. After some distribution and trading in a rectangular box now breaking the trendline downward. If it sustains it can gradually drop towards 0.73
Bullish Indicators: 1) Support zone at 0.73294 Bearish Indicators: 1) Resistance zone at 0.74278 2) Downward trend Plan A: One can take short position on the rejection from the resistance zone of 0.74278 for the target of 0.73745 and 0.73387 Plan B: On contrary if pair break the resistance zone with a good bullish candle one can take long position for the target...
