The pair continued to extend higher as was projected in my previous update. Presently prices are unfolding within a corrective pullback which is likely to find support around 82.00 on further weakness and inch higher towards 84.50 in the coming weeks
The pair continued to extend lower making lower lows and lower highs thereby keeping the weak trend intact. However, in short term prices are likely to attempt for a recovery towards 0.9856 ahead of turning weak for medium term.
The pair bounced back sharply after trading weak as was projected in my previous update. Going ahead, prices are likely to gradually recover towards 1.42 ahead of turning weak. Overall the mixed sentiment remains intact.
The pair traded weak as was projected in my previous update. Going ahead, prices are likely to gradually recover towards 1.2380 ahead of turning weak towards 1.2090/70 and then turn higher for medium term.
The pair traded lower as was projected in my previous update. Going ahead, prices are likely to gradually recover towards 1.61 in the coming week ahead of turning weak
The pair gradually recovered towards 82.50 by holding above 80.50 as was projected in my previous update. Going ahead, prices are likely to trade mixed within 82.50 to 81.50 and then gradually recover towards 83.50
The pair continued to extend lower as was projected in my previous update. Going ahead, prices are likely to hold above 0.9750 on further weakness and gradually attempt for a recovery
The pair has continued to trade sideways in its prior trading week. Structurally nothing has changed so I will stick to my previously updated outlook for this pair.
Gold has turned down sharply after concluding the flat corrective structure (Wave X) at 1356.77 and is in its final downside corrective leg which was projected in my previous update. Going ahead, prices are likely to hold above 1290/80 on further weakness where the bigger flat structure(Wave Y) is likely to conclude and turn higher for medium term
The pair is correcting back after a sharp upside recovery which is likely to find support around 1.39 on further weakness ahead of turning higher in short term. The weekly chart is suggesting further potential of upside for medium term. Presently it is unfolding within a flat corrective structure which is likely to consolidate within a broader range of 1.3710 to...
The pair after recovering sharply from the low of 1.2150 towards 1.2477 have failed to hold on its positive momentum and has turned down thereby negating the immediate bullish potential. Going ahead, prices on further recovery are likely to hold below 1.24 and turn weak towards 1.2090 ahead of turning higher for medium term.
The pair has turned down after completing its upside leg as was projected in my previous update. Going ahead, on any price recovery prices are likely to hold below 1.1780 and turn weak towards 1.1650 in the coming weeks.
The pair turned down sharply failing to hold on its positive momentum holding above the rising trend line resistance which was projected in my previous update. Going ahead, prices on any recovery are likely to hold below 1.6070 and witness renewed selling pressure and turn weak towards 1.5850 in short term.
The pair is gradually declining within a downward channel which is likely to find support around 0.7620 on further weakness and attempt for a recovery towards 0.7780 in the short term.
The pair is trading sideways since Apr'15 and is likely to extend its consolidation in the coming weeks. However, an early break below 1.0235 shall shift the sentiments to negative and witness aggressive selling towards 0.9275 ahead of turning higher for long term.
The pair is gradually recovering after finding support at 80.50. As long as the pair is holding above the 80.50 further recovery towards 82.50 are likely to be seen in shorter term. However, in the long term further weakness towards 79.50 are likely to be seen ahead of turning higher.
The pair continued to extend lower as was projected in my previous update. Structurally nothing has changes as of now so I will stick to my bearish outlook for the coming week.
The pair is trading sideways since past 1 year and is unfolding within 3 leg corrective pullback which is likely to prolong its consolidation within 0.71 to 0.67 in the coming 2 to 3 months ahead of extending weakness towards 0.64 in medium term.