EURJPY has completed the bearish harmonic pattern. And price has started showing weakness at daily resistance level as well.
USDCHF is trading in bearish parallel channel. Recently price retested the broken level and now showing some bearish momentum.. If the sellers took charge then the 1st downside target will be 0.8760 region.
JP225 is showing good bullish buildup. Price has submitted the breakout , if the price sustain this breakout then the bulls can target 38800 region
CHFJPY is building good bullish momentum. Currently the pair is facing a minor resistance at 168.80 region. If the price successfully break this level, bulls can take charge and can push the price even higher.
Price has formed double top pattern with strong bearish divergence on momentum indicator. If price breaks the static support level at 2.0300 level, then bear may take control and drag the price even lower.
GBPJPY is looking very strong .As the pair break through the support come resistance level, currently the price is retesting the broken level and looking very bullish for another leg to the upside.
EURJPY is trading in strong demand zone. and price is showing good bullish momentum. It looks like price is heading for 3rd pivot to declining trendline, which could be a good short term buying opportunity.
AUDUSD is looking very bullish and maintaining the structure very clean. If the price retrace back to 0.6350 area, where is good support from EMA and inclining trendline, will be a good area to buy AUDUSD.
XAUUSD looking weak . As the market printing new highs, recently market failed to print new high at 2940 area and faced strong selloff. Currently the market is retracing the last move and it looks like market is ready for another selloff.
GBPAUD is showing good bounce from daily time frame. As the price break through 50 EMA and shifted minor structure to the upside, indicating buying is started.
INJUSDT is showing good structural shift. As the market is broke through the minor bearish structure and also break the descending trendline. A moving average cross over also showing the good movement to the upside. If it sustains the local support of 19 then the upside target could be 26.
GGL has given the strong breakout of almost 2 years accumulation. currently it is holding the breakout firmly. And the good thing is bullish cross over is just ready to happens. If this breakout sustains we can witness the huge rally to the upside.
USDJPY is been on strong bullish trend and tapped in daily time frame supply area. In supply area the pair is showing signs of weakness with strong bearish divergence on MACD. And the price is start to break minor structures to the downside. If it breaks the 156 which psychological number and support as well then bears can push the price much deeper.
Is the BTCUSDT repeating its usual pattern. Currently BTC is facing resistance from upper trendline. In the past BTC massively rejected from this trendline. Will this happens this time too ?
Sooner or later , market is due for massive correction. KSE100 is been on huge bull run and looks like a top of Elliot 3rd wave, if this is the case then 4th wave correction is due in market before it resume to its trajectory.
XAUUSD is trading in clean bullish parallel channel. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
AUDUSD is been accumulating from more than 2 weeks. Currently the pair has shown some structural shift. Price aggressively break the descending trendline and shift the minor structure to bullish side. If the price sustains 0.6230 level then the next upside target could be 0.6350.
EURAUD recently broke through rising wedge with strong bearish divergence. As the market form the new bearish structure after breaking the recent HL. Currently we are expecting the market to retrace at least 50% and on some strong bearish confluence one can sell again.