In US100 Bullish Flag Pattern spotted in 1D time frame chart. Currently market is forming falling wedge pattern a correction phase. Market is expected end the correction phase and start impulsive phase in upcoming sessions. Once market will show uptrend structure in smaller time frame, one can enter into long side. Market is expect to test the levels of 13200 on...
EURAUD: REVERSAL CANDLESTICK PATTERN AFTER A SECONDARY TREND. Market currently trading a bearish trend structure by forming lower lows and lower highs. Market is also taking resistance from a previous trend line . Market shows enough potential to pull down the price in upcoming sessions. Market is expected to remain bearish for few upcoming trading sessions....
AUDJPY: DESCENDING TRIANGLE PATTERN SPOTTED DAILY TIME FRAME. Market is currently trading in a Bearish Market structure(forming lower lows and lower highs). Intensity of bears in market is also higher. Market is expected to remain bearish for upcoming trading sessions. Market may test support level of 80.500 in near future. Major resistance level will remain...
AUDUSD HEAD & SHOULDER SPOTTED IN 4H CHART. We can see a clear downtrend in the chart. Market is making lower lows and lower highs. Market is expected to remain bearish for new few trading sessions. Market may test the support levels of 0.67300 and 0.66400. On higher side market has a major resistance at the level of 0.69200
Major Key Resistance level at 1.4630. A bearish Engulfing Candle is been spotted bear the key resistance zone. Market is ecpected to test the levels of 1.42700 & 1.39500.
GBPAUD: IN DOWNTREND STRUCTURE. We can spot the downtrend structure in 4H time frame. Downtrend structure is expected to continue. Market may test the support levels of 1.72500 in upcoming trading sessions. On higher side the resistance will remain at 1.76000.
ITC at a structure support. Major Structure support at level of 342, market may take support from this demand zone. Buyers may enter into a safe long position once the level of 342 is broken. Market is expected to test resistance levels of 360 on upcoming trading sessions.
AUSTRALIA200 Formed Double Bottom in Daily Time frame. The neckline of Double bottom structure has already been broken. Now It is expected Buyers may push the market to the higher levels of 7600 and further. It may be a good opportunity for the investors and traders to enter into the long position with a Averaging Cost method.
EURAUD: Double Bottom in 1D Time Frame. Double Bottom in 1D time frame is spotted. The neckline has been broken. Currently there is a pullback in a market to retest the support level. In upcoming sessions, market is expected to move towards upside. On higher side resistance levels of 1.60000 and 1.64000 are major for the market. On lower side key support level is 1.52600.
USDJPY: Near the Major Resistance. Currently trading near 4H structure resistance, which is lower high for the market. Market is expected to go down from this level. Market may test the levels of 133.00 in upcoming sessions. On higher side 134.500 is the major resistance.
US100: Downtrend Structure broken. A new uptrend is expected in upcoming sessions. Market may test the levels of 12070 on higher side. 11810 will remain a support zone for the market.
USDCAD: MAY CONTINUE THE DOWNTREND. Downtrend spotted in USDCAD in 4H time frame. Continuation of the down trend is expected in upcoming sessions. Major Resistance level will remain at the latest lower high of 1.35200. Market is expected to test the support level of 1.33000 in upcoming sessions.
EURAUD Structure Breakout. We can spot a breakout in a downtrend structure in 30Min time frame. Market has made a higher high, which indicated a new upcoming uptrend. Market is not expected to test the levels of 1.54270 on higher side. Major support at level of 1.52660.
NASDAQ100 near the support zone. Nasdaq100 broke the downtrend structure on a daily time frame on November 11 , which shows the higher chances to continue the uptrend for next few months. there is a structure major support at level of 10600. it is highly expected that market may test the level of 12000 in upcoming sessions.
EURCHF broke market structure in daily chart. it is expected in upcoming sessions market may test levels of 1.01000 and 1.04000 on higher side
JP Morgan chase & CO. changed market structure from downtrend to uptrend after the breakout of previous high of 124$. Now market is currently in a uptrend movement. After secondary trend, a double bottom formation is formed, where a bullish engulfing candle is spotted at second bottom. Which indicates the entry of buyers in the market. Buyers may push the market...
Morgan Stanley: Possible long Entry. Currently market is trading in a uptrend in 4H chart and soon ongoing secondary trend is expected to end. A major support at level of 84 may change the secondary trend. Market is testing the level of 84 with a weak bearish approach. A falling wedge pattern is shown is charts. A bullish movement is expected in upcoming...
Reliance Industries in a downtrend structure. in 4H chart Reliance Industries shows a downtrend structure, which may push market to test the support levels of 2430 in upcoming trading sessions. Major resistance level is at 2430.