XAUUSD:- PRICE ACTION AFTER FINISHING 1-5 ELLIOT IMPULSE WAVE, IS FORMING ABC CORRECTION WAVE. AB OF CORRECTION WAVE IS SUCCESSFULLY RETRACED BY .618 OF FIBO. PRICE IS EXPECTED TO TEST 1.618 EXTENSION OF WAVE AB WHICH IS AROUND 1255.
USDCHF:- PRICE ACTION CONTRACTING INSIDE A TRIANGLE ON W1 TIME FRAME. SELL ZONE BETWEEN 1.025-1.0325. TP @.997
USDCHF:- PAIR TRADING NEAR THE RESISTANCE ZONE. USE SELL LIMIT@ CMP, TP@ .985, SL@1.015
EURCAD:- PRICE ACTION TRADING NEAR THE BROKEN FALLING RESISTANCE LINE. EXHAUSTIVE CANDLES NEAR THE FALLING RESISTANCE LINE SIGNALING A POTENTIAL REVERSAL. A LONG POSITION MAY BE OPENED WITH A TARGET OF 1.513
EURNZD: - A Head and shoulder pattern is in making?. Price action may touch level of 1.625
NZDCHF: - PRICE TOUCHING THE FALLING RESISTANCE LINE. A SELL POSITION MAY BE OPENED WITH TP TO THE BOTTOM OF HIDDEN SUPPORT LINE.
XAUUSD: - BREAKOUT AND RETEST OF UPTRENDLINE ON D1 TIME FRAME. USE SELL LIMIT@ 1330 SL@1340 TP1@1288 TP2@1234
Price action trading inside a down channel.Sell Limit@ 146.420
EURNZD: - PAIR FORMING HEAD AND SHOULDER PATTERN ON H4 TIME FRAME.
EURJPY: - The Pair trading near the major support zone. Buy@CMP SL@124.00 TP1@125.800 TP2@127.800
EURAUD: - PRICE ACTION TRADING NEAR THE MAJOR RESISTANCE ZONE. SELL LIMIT@1.634 SL @1.644 TP1@ 1.609 TP2@1.590 TP3@1.566
NZDCAD: - PAIR RESPECTING THE FALLING RESISTANCE LINE NICELY FROM PAST ONE YEAR. SELL LIMIT@.922 SL@.935 TP1 .889 TP2@.867
AUDNZD:- PAIR TRADING ALONG A RISING SUPPORT LINE. BUY LIMIT @1.060 SL 1.052 TP1@ 1.076 TP2 @1.085
NZDCAD: THE PAIR IS TRADING INSIDE A DOWN CHANNEL ON BOTH THE WEEKLY AND DAILY CHART. USE SELL LIMIT@.926 SL .935 TP1@.915 TP2@.885 TP3@.865 TIP:- OPEN THREE POSITION HAVING ABOVE TPs
SELL AUDJPY NEAR MAJOR RESISTANCE ZONE. USE SELL LIMIT@84.00 SL@85.350 TP@82.150
USDCAD:- PRICE ACTION HAS BROKEN THE ASCENDING CHANNEL. SELL ON RETEST OF BROKEN CHANNEL. IDLE SELL ENTRY WILL BE AT THE TOP OF WINDOW(GAP DOWN). HOWEVER ONE CAN USE SELL LIMIT@1.324 SL@1.330 TP@1.3120
GBPJPY: - PAIR TRADING ALONG WITH THE RISING SUPPORT LINE. BUY LIMIT@144.400 SL@143.800 TP 145.800
EURCAD: - PRICE ACTION ABOUT TO TOUCH THE FALLING RESISTANCE LINE. SELL @1.514 SL@1.520 TP@1.495