TraderAishDXB

TraderAishDXB

Nifty50 may recover soon to 18900. Currently nifty50 is trading at the level of 17800. At the level of 16800 market is having structural support zone. It's quite difficult for the market to brake the level of 16800. It can be a potential buy zone for entry in a long position. On higher side market may test the levels of 18900 in upcoming sessions.

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GBPUSD break market structure on 4H. Market structure was broken when market broke 1.21000, now it may be the starting of new downtrend. But at this moment market is going down with a falling wedge which may create a same movement towards upside. this small movement upside may create a secondary trend, after which one may enter into a short selling position for...

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We can see Elliott Wave in AUDCAD. so in upcoming sessions, downside movement is expected.

TraderAishDXB

In USDCAD uptrend market structure is forming, and price retesting potential support zone of 1.35200. Most likely market will take and support from this support zone and may test resistance levels of 1.38000. It's expected, market will continue going up in upcoming trading sessions.

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EURUSD reaching key resistance zone with a corrective movement. EURUSD showing a corrective movement (rising wedge) and reaching the key resistance zone of 1.07800. it is expected, market may find reversal on a downside, and may test the levels of 1.02200 in upcoming sessions.

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USDCAD moving in an uptrend market structure. Market is currently forming secondary trend. In upcoming sessions it's expected, market may start primary trend and test the resistance level of 1.38000

TraderAishDXB Updated 

AUDCAD is forming Ascending Triangle pattern. Bulls manage to hold the market above the key resistance level of 0.91000. which shows the strength of bullish trend. after the breakout from temporary resistance of 0.91800, one may take a long position.

TraderAishDXB Updated 

Gold shows uptrend market structure. sellers are not reacting much near the resistance zones, another bullish primary trend is expected in gold up to the levels of 1815 & 1830

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USDJPY near the key support zone 130.500. Currently market is in an uptrend, it's highly expected that market me continue uptrend and we can see market around the levels of 138.00. If in case market will break the key level of 130.500, we can expect a sharp downfall in upcoming sessions.

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Gold reaching Weekly resistance of 1810 with corrective movement. rising wedge pattern is also broken. Market may take a correcting from here and may test levels of 1736. In upcoming sessions gold may retest the levels of 1736 $ per ounce

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GBPNZD broken the long range bound market downside. It may test the support levels of 1.89200 in upcoming sessions.

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EURJPY has broken the falling wedge, It may test the price levels of 148.350 in upcoming trading sessions.

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GBPUSD reaching key resistance zone with a weak bullish approach. once market will break the uptrend structure in 1H time frame, one can enter into with a short sell trade.

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GBPCAD reaching to potential resistance zone with a rising wedge pattern. Also shows signal of forming double top. Once the neckline of double top will be broken, one may enter on a short sell side.

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GBPCHF trading near Weekly Key resistance. the formation of a head and shoulder pattern indicates the downfall in upcoming trading sessions.

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After a corrective movement market structure has been changed, a small fall in market is expected in upcoming sessions.

TraderAishDXB

Market reaching resistance zone with a corrective movement. A downward movement is expected in few upcoming trading sessions.

TraderAishDXB

Market showing a downtrend. about to start primary trend. bearish movement is expected in this pair.