SirajHudda

SirajHudda

USDCHF is moving in a sideways correction for the time being. The Current move has reached over 61.8% fib levels in an correction wave pattern and therefore I would expect it to go lower from current levels or after touching the upper trendline of the channel as shown on the chart.

SirajHudda

USDCAD is giving an ABC correction and I would expect it to rise towards 1.3400 level as Wave C of the correction. Details are on the chart.

SirajHudda

Copper is giving a Buying Opportunity near the 61.8% retracement of the last rally and correction has reached the bottom of the trend channel within which Copper has been correction. Last 4 hour and 1 hour Candlestick pattern shows bullish pattern with divergence in 1hr chart. Its a nice risk reward trade if it does reverse and go up from here.. Targets and...

SirajHudda

CrudeOil is giving a Short Setup!! Current correction would potentially be a Flat or Triangle type corrections as this could be a potentially intermediate 4th wave correction. Happy Trading!!

SirajHudda

Nikkei 225 index has been in a correction and is not moving higher to test the upper trendline.. If broken above it could go higher toward 20000 levels or probably move down and correct further.. Expect current rally to carry further till 17600 levels for the time being. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web:...

SirajHudda

TataElxsi is giving a Buy Setup and is ready for a substantial upmove upon breakout. I would be buy stock around current levels with stoploss just below 1590 for a Target of 1800 / 2000. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook:...

SirajHudda

Silver is correcting for now as a Flat correction. Down side is possible till 18.50 from where expecting it go higher above 21.50.If it continues to go lower below 18 then it probably might be doing something else and invalidate my analysis. Looking for reversal and buying opportunity around 18.5 levels. Details are on the chart. Happy Trading!! Siraj Hudda,...

SirajHudda

EURUSD down move to continue after consolidating for a while.. I would expect EURUSD to go lower next week with previous targets of around 1.06 as posted earlier. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda

US Dollar Index is forming a Flat Pattern.. One can go long on USD once the breakout happens for a target of 12150. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook: www.facebook.com Twitter: twitter.com LinkedIn: in.linkedin.com

SirajHudda Updated 

Gold has given a 5 wave rally from its bottom which looks to have completed now 4th Wave being an expanded flat correction. I would expect correction to start from current levels in gold and expecting atleast 50% correction of the complete up move which is also near the bottom of wave 4 around 1210 Levels. One can go short on gold now with Stoploss just above 1380...

SirajHudda

EURUSD has been consolidating after the break of shorter term trend line indicating that it would have more down side possible. Looking at the structure that has bee going on in EURUSD a 4th Wave Triangle might be forming and if that is true than the pair should not go below 1.05168 which was B wave bottom and if the pair turns before that than one can go long for...

SirajHudda

AmericanSetup is giving a But Setup.. Details are on the chart.

SirajHudda

AIG is giving a Buy Setup!! Details are on the charts!!

SirajHudda

Apple can rally from current levels.. One can buy the stock now with stoploss just below 91.5 and targets are 103.

SirajHudda

USDINR would fall from current levels and probably make new loves below 66 levels.. Overall Rupee made a 5 wave down move from the top of 69 levels after which gave a 3 wave a-b-c correction with in the trend channel and is now ready for further down move. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email:...

SirajHudda

GBP can go higher from here.. Stoploss below the low and trade with long bias.

SirajHudda Updated 

GBPUSD has reached the top of the channel and retreating back again.. If we are still correcting as I think we are in a Primary Wave 4 then GBPUSD would go down from current levels all the way down to the bottom of the channel and probably make new low to complete Wave 5.. However, if it goes higher and keep on rallying from here then we are probably in new Wave...

SirajHudda

Copper has potentially completed its Wave 2 correction and started its 3rd Wave. We see divergence to complete the wave v of C wave giving additional confirmations of the bottom. One can go long on Copper at current levels with stoploss just below 2.00 figure mark and Targets around 2.43 as Target 1 and 2.75 as Target 2. Its a nice risk reward trade. Happy...