EUR/USD remains neutral for the moment. Overall IM holding on to the view that a short term bottom is formed at 1.3420 on bullish divergence condition.Further rise is expected and above 1.3620 will target at 1.3720 above it its bullish sign break of 1.3420 will confirm resumption of whole fall from 1.3993 and would turn near term outlook bearish support will…
Turkish Lira has fallen to almost -week low against the US dollar at 14.5.2014 The currency’s deprecation follows the Turkish central bank’s decision to cut interest rates a few weeks ago which followed months of aggressive tightening earlier in the year due to the emerging market currency crisis. The renewed pressure on the Lira suggests the market is pricing in…
GBPJPYThe pair is in the convergence ratesfor the past six months Stands to move upwill be a rush to the area 189 for my opnionLevels of support for the move lies in 168.70Further rise could be seen to 173.60 resistance. Overall, the consolidation pattern from 174.84 is still in progress. On the downside, support comes in at the 170.40 level…
XAUUSDso we got yesterday the boom and the 1267 level that post in the morning now if we will look the charts we can see that it aint over yetGold tumbled 2.03%, or $26.20 on Tuesday as a bout of technical selling kicked in after prices broke below a key support level close to the $1,279-level, triggering fresh sell orders amid…
USDJPYCurrently fragile situation, if we look at the charts see the purple leash subsidies maintained all along that he should first Level of support currently resides in the 101.10 to 100.60 You can see the same process in October last year, if the situation so that the pair is assumed to be supported and soar to new levels ,but only daily…
NZDJPYThe last time I spoke about the pair argued the amendment to the 82 and he got there Carried out in the area soaring 90 Now if we look at the graph we can see the key level is at 82.85 When the terms of the nearest support levels we can see the area under the 86 and 84 I see a slight resemblance…
EURJPYThe pair found during shuffling according to Major You can Lrautshtmichh lies on the region from 138.60 to 139.10 Breakage will lead to the 130-131 with the option to 129, according to the movement of the straps Monk encounter one can see clearly the main move is still in Long only break key level will change the scenario This review does not…
USDCADThe pair could not get to the 1:13 to 1:14 Performed on the 1.0850 zone drop blue strip and returned to 1.1050, since even was able to go down to lower places and broke it last Thursday 1.0809 Now if we look at the broader picture, we can see the pair had a fight with them a few months to break 1.0730…
Today we going to get important data NFP i look the charts again and isaw something intrsting, if icompare this move to 2010 movement so i need to take into consideration that its more than the possibale to see high levels than 3620-30 before continue down thats the reason that the stoplossshould move up to 3658-3669 We got the scenario talks about recent reviewRise to the 3590 with the inability to move the region 3620-30 and a strong decreaseNow we will…
We got the scenario talks about recent review Rise to the 3590 with the inability to move the region 3620-30 and a strong decrease Now we will focus on the current situation: It seems that the index will move toward the blue strip which lies in 3340 On the other hand a move above resistance level is set in 3590,…