Tradingwithtamil

Tradingwithtamil

Hello traders, Two-months-old triangle formation declining the price range towards down, the 0.7365 could offer instant support. In the 4hr time-scale, the price has a chance for pullback action and the signals should have to pass through 0.7310 to justify its strength. A successful surpass will highlight the 0.7270. On the contrary, the upside down...

Tradingwithtamil

Hello traders, USDCAD likely have chances for the downward move. In 4 hr timescale, the pair moving with the double wall protection setup (i.e) with double consolidation chamber. The pair needs to clear the 1.2970-75 resistance in order to target the northern numbers 1.30000 and 1.30450. But the technical aspects might pull the price range towards down this...

Tradingwithtamil

Hello traders, NZDJPY five-month-old descending trend breakout executes the throwback formation from the resistance turned support. Meantime, the pair has a chance for a pullback from the zones 75.70-76.00, the pair should pass the immediate barriers 76.30 and the 76.85 to confirm the Uptrend Continuation. On the daily closings, If the trade managed to trade...

Tradingwithtamil

Hello traders, AUDJPY resistance confluence triggering the pullback formation. Eight-month-old Descending trend act as a trend resistance and keeping the price range in the downtrend and the pair is likely to revisit the 81.00 and the 80.60 supports. However, the 80.00, the 79.50 and the 78.65 might challenge the further decline after the 80.50. In case the...

Tradingwithtamil Updated 

Hello traders, An impulse from 1.32746 setting the pair's price range in the downtrend. GBPUSD on a 4hr time-frame, the price having a brighter chance to continue with the current trend. This action could be an extra advantage for the price range fall. Fundamentally, the UK PM may press release on last Friday keeping the numbers in falling mode this could be...

Tradingwithtamil

Hello traders, GBPNZD stucks in an invisible consolidation. In a 4hr time scale, @ 1.9843 the pair marked a downward impulse and pulled the price range down. GBPNZD sustained trading beneath 1.9750, the 1.9675 previous supports. Now, the same points became resistance for the price range. Signals have a brighter chance for the price drop to 1.9520 support zone....

Tradingwithtamil

Hello traders, The NZDCHF broke the resistance trend. During the breakout, the resistance-turned-support and the pullback continuation formation, trying to justify its strength by targeting the 0.6440, the 0.6460 and the 0.6500 are consecutive resistances. However, the 0.6525 horizontal resistance could restrict the pair's upside past 0.6500, if not then the...

Tradingwithtamil

Hello traders, Descending Broadening Wedge yet to break the trend resistance and ready to fly away. The pair might find it hard to justify its strength unless clearing the resistance confluence @ 1.7165. On a daily basis, the descending trend has a clear way to break the resistance. The Breakout should highlight bull's area, the 1.7280 and the 1.7285 are the...

Tradingwithtamil

Hello traders, With the trend resistance back-up, the Pair GBPJPY restricting the upward Move but the pair offers a short-term profit by revisit towards the 147.00 and the 146.55 support levels. However, the 145.70 could confine the pair's further Downward. If the price range continues to drop beyond the 145.70 means, the 145.00, the 144.25 and the 143.80 might...

Tradingwithtamil

Hello traders, Four weeks old descending trend trying to challenge the four months old low range. On a day-time scale, the USDCHF challenges the short recovery from the current price zone. The price rise from the trend support towards the 0.9710 is imminent. However, the trend resistance breakthrough could confirm the uptrend, if the breakthrough occurred with...

Tradingwithtamil

KNOW YOUR BROKER!! The truth you are not Supposed to Know. Get ready. Our website was founded in order to Educate the Forex Traders, providing fair information about the Forex trading and trying to keep them away from the Scammers. **This post is not an Introducing broker Or Affiliate Partner Of any brokerage Company. What is Forex broker? Why is so Important...

Tradingwithtamil

Hello traders, On a daily basis, EURJPY still struggles with the five-month-old descending trend line, at 130.85, the pair broke the descending trend in order to extend its recovery towards 131.40 and 132.00 resistances. If the pair recovered above the 132 means, the 132.75, the 133.10 and the 133.50 are likely to appear on the chart. Moreover, the 134.10 and the...

Tradingwithtamil Updated 

Hi traders, On a daily basis, the pair EURUSD printing its price range in the downtrend with an evident of the throwback from 1.12994. For the last two months, the pair moved into a consolidation channel but the breakout 1.15095 and the throwback setup, filtered the traders from the actual market trend. Currently, the price range marking the quote 1.16076 with...

Tradingwithtamil Updated 

Hello Fellows, In spite of the ascending trend the pair GBPUSD saving its whole potential to do a favour for the buyers. In the 4 hr time frame, the pair witnessed an unusual Impulse formation @ 1.28278 that adding an extra advantage for the Upward move. Currently, the pair pointing its presence @ 1.30832, from this mark, the pair has an opportunity to form an...

Tradingwithtamil Updated 

Hi traders, The 0.71444 restricting, the pair's farther downside with an evident of Impulse and Pullback action. In the 4 Hr time-scale, the market marked a pullback action @ 0.72293 and set a stable path for the Uptrend Motion. The 0.71444 confined the Downward movement and holding the price range in the Top face. The pair marking its presence @ 0.71548, a...

Tradingwithtamil

Hello traders, NZDJPY pairs further upside restricted by the horizontal resistance 73.70. The duo is likely to witness a pullback action towards 73.00 with a solid Impulse formation. Besides, the support wedge may put an End card to the Downward Motion @ 72.85. In case, the sellers Taking over the charge means, the price range might fall and break the Confine...

Tradingwithtamil

Hello Buddies, Since Tuesday, the pair GBPUSD facing its upward momentum. As for now, wherein the current rebound in the pair could extend to 1.3170. Over the past two days, the pair's price action seems well in the upward, in spite of that the quotes could reach the level 1.3170 within a couple of days. At this stage, the odds for the further Upward move has...

Tradingwithtamil

Hi fellows, On the count of yesterday trade closings, the pair EURUSD downward pressure has eased, and the duo continued to progress in the Uptrend. Unfortunately, the unbroken overnight gains are Unexpected. Moreover, there is no change in the Neutral Outlook, but the EUR strength Could extend towards July peak of 1.17900. At this stage, the Probability for the...