GBPAUD TRADING IN DOWNTREND AND EXPECTED TO CONTINUE GOING DOWN. Market is currently forming Lower Lows and Lower Highs. In few upcoming sessions market may remain bearish. Market may test the support levels of 1.88800 on lower side. Major resistance of the market will remain active at level of 1.92600.
ALPHABET: Double Bottom Spotted. After a long downtrend market, a double bottom is spotted in daily time frame. The downtrend Market structure has already been broken in last two trading sessions. Investors are showing more interest in this stock. This may result in a bullish rally of the stock. Stock is expected to test the level of 122$ per share in upcoming...
CENTRAL BANK TRADING NEAR MAJOR STRUCTURAL SUPPORT Market is currently trading in a Bullish Trend market structure. It is expected to remain bullish for few upcoming trading sessions. Market may touch the targets of 31.00 in near future. On lower side 26.00 will act as a major support zone for the market.
GOLD: TRADING IN DOWNTREND STRUCTURE. After a long Bullish movement, now Gold is again back to downtrend structure. Lower lows can be spotted in 4H time frame chart. Market is expected to remain bearish for few upcoming sessions. It may test the levels of 1895$ on lower side. Resistance level of 2060$ will remain key level for the market.
ALI BABA : NEAR STRUCTURAL RESISTANCE. In daily time frame, we can see market is moving in a clear downtrend structure. The recent lower high is at 125$ which can act as a Major Structural Resistance for the market. Market is expected to continue its downtrend in upcoming sessions. If resistance of 125$ manages to hold the market, we can see the levels of 85$ per...
GOLD: TRADING IN BULLISH TREND MARKET STRUCTURE. After a secondary trend market is now again indicating entry of fresh buyers with bullish engulfing candle. Which may push the market to the resistance levels of 2050$ and further. One may enter into the long side after this confirmation with bullish engulfing candlestick. Major resistance will be there at the level...
TESLA TRADING IN BULLISH TREND STRUCTURE. Bearish Trend Structure changed into a Bullish Trend Structure. Higher Highs are clearly spotted in current market structure. Market is expected to remain bullish for few upcoming trading sessions. On lower side level of 101.00 will be the key support for the market. On higher side market may test the levels of 310.00 in...
HINDUSTAN PETROLEUM TRADING AT MAJOR RESISTANCE. Stock is currently moving in a Bearish Trend structure. It is expected to remain bearish for few upcoming sessions. On lower side it can touch the targets of 225.00 . On higher side the key resistance level will remain active at 270.00 .
GBPUSD: INVERTED HEAD AND SHOULDER SPOTTED ON 1D TIME FRAME CHART. Market is currently trading in a bullish trend market structure. It's expected to remain bullish for further upcoming trading sessions. On lower side market has a major support at the level of 1.18000. On higher side market may test the resistance level of 1.33200.
GBPNZD MOVING IN DOWNTREND STRUCTURE. In a downtrend, market is making primary and secondary trends. A new primary trend is expected to form from this point. Market may remain bearish in few upcoming sessions. Market may test the support levels of 1.98000 and 1.96500 in near future. Major resistance will remain at the level of 2.02500 on higher side.
US100:- TRADING AT MAJOR RESISTANCE ZONE. Market is rising in weak formation. And reaching the major resistance zone. Important news will give a clear picture of the market's direction. Market may test the levels of 11,700 on lower side and 15300 on higher side. One may enter into bull market after a bullish breakout. Or may enter after a bearish engulfing candle...
CRUDE OIL TRADING AT MAJOR DAILY SUPPORT. In weekly time frame chart market is still in an uptrend structure. Market is expected to remain bullish in a long run. It may reach the target of 84.00 in few upcoming trading sessions. On lower side 61.00 will remain the major support level for the market.
US30 TRADING NEAR MAJOR RESISTANCE. The way market is reaching the major resistance level is a very weak approach. Market is expected to slow down for few upcoming trading sessions. It may test the support level of 32700 in near future. On higher side 34800 will remain the major resistance for the market.
DXY:-DOWNTREND STRUCTURE SPOTTED IN 4H CHART. A Lower Low has been spotted in DXY 4H time frame chart, which indicates a downtrend in a market. Bearish engulfing of this structure breakout shows high intensity of sellers in the market. Market is expected to remain bearish for upcoming sessions. In upcoming trading sessions market may test the levels of...
USDJPY:- STRUCTURE BREAKOUT ON BEARISH SIDE. Rising Wedge pattern also spotted in this pair. After a rising wedge pattern market created a lower low. Which indicates a starting of a downtrend market. Now market is expected to push downside for few more sessions. Market may test the levels of 130.220 in upcoming session. On higher side 138.000 will remain the...
EURUSD: TRADING NEAR MAJOR STRUCTURAL SUPPORT. Market is forming a Bullish trend market structure by forming Higher highs and Higher lows. 1.04800 will remain a key support zone for the market. Market is expected to test the resistance level of 1.10100 in upcoming trading sessions.
GOLD REACHING WEEKLY RESISTANCE WITH A WEAK APPROACH. Gold is expected to fall from current market price. Resistance level of 2050$ will remain the key resistance for the market. Gold may test the levels of 1950$ in upcoming trading sessions.
BITCOIN showing corrective movement while falling. falling wedge pattern can be shown in Daily chart. we can see an untrend movement in upcoming sessions Bitcoin may test the resistance level of 30000.