EURAUD has broken out of both short term and relatively long term trendline after forming divergence on Awesome Oscillator. Break out also happens to have taken place after high volume bars. All this leads us to believe that trend reversal has taken place.
A clear cut formation of head and shoulders pattern and powerful divergence on MACD can be seen and then there is a fair value gap to be filled as well. We seem to be going into pull back till support level.
Brent oil seems to be in for bull run as we see formation of harmonic bat pattern plus divergence led break out on MACD.
USDCAD has been trading with in rising wedge formation and the pair is in overbought phase for long. Divergence is printed on Awesome Oscillator but we need to wait for a clear and clean candle closure below the lower bound of rising wedge to open short positions.
GBPAUD has formed a clear cut flag pattern. We have divergence in place on Awesome Oscillator and histogram bars are in positive territory. We can expect retracement upto significant resistance cum support zone marked in rectangular shape from where price has shown tendency to bounce off in one direction or the other in past as highlighted in small circles....
AUDJPY has made a powerful break out from descending parallel price channel after printing divergence on Awesome Oscillator. We can expect a sustainable bullish price action after testing of support area marked in rectangle.
GBPUSD seems to be going through phase of accumulation with in falling wedge pattern. Price is consistently touch ichimoku cloud singalling that a clean break above it might be around the corner. Time to go long.
EURGBP seems to be gearing up for trend reversal as we see price breaking out from falling wedge pattern after printing strong bullish divergence on Awesome Oscillator. Long positions may be considered from support area.
Ethereum has broken out from falling wedge range after forming bullish divergence on Awesome Oscillator indicator. Scenario seems to super bullish for now.
EURUSD is trading with in falling wedge pattern. We have divergence printed on Awesome Oscillator. We can consider going long upon break out from the upper bound of falling wedge.
AUDJPY broke out of descending trendline after printing divergence on Awesome Oscillator. Price is retesting a key support zone from where it had a good bounce in the past. Seems like we are in for trend reversal.
Brent Oil formed bearish divergence on MACD and then fell down rather aggressively from rising wedge formation. This indicates that bearish pressure will prevail for some time atleast.
Seems like we are in for correction in ETHUSD as we see clear bearish divergence on MACD indicator. The divergence is formed with in rising wedge chart pattern which adds confluence to the corrective move prevailing till next marked support area.
Seems like EURUSD is getting ready to take dive down from rising wedge amidst bearish divergence formed on Awesome Oscillator indicator . Short positions ma be considered only after price breaks down from support line of rising wedge.
Silver has broken out from descending parallel channel. We have Awesome Oscillator making bullish divergence and histogram bar moving into positive territory. Based on these confluences, we should predict short term bull run.
EURAUD seems to be completing correction phase with in descending triangle formation. At the same time it is in the process of forming bullish regular divergence on Awesome Oscillator. Seems like soon we are going to have break out from triangle.
EURUSD seems again seems to be completing a flag pattern . EURUSD broke through previous flag pattern after printing divergence on MACD . It appears like history is going to repeat itself as we see divergence has been printed on MACD with in the existing flag pattern .
Millat Tractor has broken out of Ascending Triangle pattern. Price has sustained in lower half of RSI as well. We are in for a bearish run.