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CHF/JPY: bulls are finding support from the uptrend line.

Overview: From the daily chart Bulls are doing their best for the last couple of weeks but recently the market is starting raising after 200 SMA and forming an uptrend in the market. the chart and the bulls are showing their strong side in the market. Buyers are heading their potential and leading towards the north direction, bulls are showing their aggressive moments in the pair. The day…

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Gold: Bulls are finding support from the uptrend line

Overview: – From past couple of days we are witnessing buying in the pair however momentum is too slow towards upside. The way bulls are reacting it seems like they are approaching the $2000 level but only $1975-80 zone reacting as a stumble block for bulls. Short term to intermediate term trend is up so in an uptrend market always buy on dips. Overall the tug of war between bulls and bears where…

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EUR/USD– Overall we have seen some reversal signal on the daily chart day before yesterday when a shooting candlestick has been posted. Yesterday also we have seen the reaction of it where a bearish marabuzo candlestick has been posted and today from the morning session itself pair is falling down towards the south side. Well, the way the pair is trading and reacting it seems like bears are…

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GBP/USD- Bulls are getting aggressive and heading to north side.

From the past couple of days, we are witnessing some range bound move in the pair where bulls are doing their best but recently we have seen the strong buying in the pair once again where bulls did their best and bounced from the 14 EMA line i.e. 1.3000 level. Buyers are showing their potential and heading to the north side, bulls are showing aggressive moments in the pair and heading to the…

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AUD/CAD- Bulls will get more activated above 0.9500

Overview:- By looking at the daily technical chart we can see that pair has been bottomed out and bounced from 0.9420 level and rising up towards the north side, which is providing us a bullish signal. Well, presently pair has been breached out the minor moving average lines and now trying to breach the 200 SMA line.

We are continuously buying the pair from 0.9420 level and we are already getting…

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Gold: profit booking going on, buy on dips till $1975 level

Overview:- During the last week we have seen an uptick in the gold where bulls have shown a massive bullish attack but on last Friday gold turned down from the $2075 to $1986 level which is almost $100 down from the lifetime high. Everyone is expecting that trend has been changed and go for sell but it seems like trend still seems positive and the current downfall seems profit booking as we have…

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Crude Oil: Time to say bye bye to the bulls, better to sit at sell side.

Overview: By looking at the daily technical chart we can see that a steep upside rally where bull took the price from negative to $43.50 level which is a mind-blowing come back of bulls, but there is no doubt that after arriving near $43.50 level it has entered in a narrow range and a short term tug of war can be seen where bulls are trying their best to move up, on contrary bears are trying to…

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USD/CAD: Bears are testing the depth of the river and trying to break the 1.3250 level.

Overview: – By looking at the daily chart of the USDCAD we can see that pair is heading south side and dominating the bulls at every nook and corner level..Presently bears are leading and playing at the front foot after breaking the important key support level of 1.3500 levels.

Today at the time of writing, the pair is trading and moving at 1.3260 level near to key support level. The 1.3250…

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Gold Bulls are taking some break after arriving at life time high.

Overview:- Gold is making successively higher highs and higher lows and last week gold made a fresh attempt of 1984.45 level which is a fresh life time high. Well bulls are doing so good heading to north side but after arriving at life time high where no resistance is there, still gold is not getting upside pressure; however, we were expecting more bullish pressure at this level. On the contrary…

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GBP/USD- Bulls have tested the potential targets what next ?

Pair is pressured under 1.30 after peeking above that line on Wednesday. The US dollar is gaining strength across the board after the dovish Fed meeting and ahead of US GDP. The UK is set to impose stricter quarantine regulations. Failures to hold a break of 1.3000 psychological magnet drag the quote towards Tuesday’s high around 1.2940 ahead of highlighting an ascending support line from July…

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USD/CHF: Bears breached the 0.9180 level and now testing the depth of river

Overview: – Bears are controlling the pair and taking it to the south side where only bears can be seen and every bullish attempt is dominated by the bears. Well bears are playing at the front foot and only bears are leading in the game. Recently bears have breached the very strong support level of 0.9180 level which was the last hope of bulls. Now we many announce that bears are testing the…

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GBPNZD:- A strong counter attack from bull’s campaign.

Overview:- Earlier pair was falling down from 2.1000 level continuously and arrived at 1.9000 where bears did their job in a good manner but after arriving at 1.9000 level which is a strong key support level, after arriving at key support level we have seen strong counter attack from bull’s campaign. The way bulls are reacting it seems like pair has bottomed out and heading to north side.

Tech…

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EUR/CHF: - Bulls are challenging the bears once again.

EUR/CHF: – Bulls are challenging the bears once again.

Overview:– By analyzing the daily technical chart we can see that pair is doing so well and heading north side. A long term downtrend line has been breached out already and in our previous report we also mentioned to buy at 1.0590-1.0580 for the target of 1.0700 and 1.0800 with the tight stop loss of 1.0470 level and our both targets have been achieved like a cake walk. Well pair has potential to…

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EUR/CAD: Potential rounding bottom pattern suggest to buy.

Overview:- By looking at the daily chart we can see that pair is heading towards north side after testing the 50% retracement line which is strong key support level. The price action on the daily chart seems like no more selling sentiments in the pair and it’s time to buy the pair once again where bulls did their job already with a fabulous bounce is the eyewitness of their courage. Now it seems…

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USD/CAD: Will bears stop at 1.3300 or break it aggressively.

Overview: – Presently bears are leading and playing at the front foot after breaking the important key support level of 1.3500 levels. Let’s have a snapshot of previous few weeks when pair was trading and moving in a particular range of 1.3500 and 1.3720 level which was a very narrow range for positional trading where 1.3500 levels was not allowing the bears to move downside on contrary 1.3720…

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USD/CHF: Bears are playing at front foot & approaching 0.9250 level.

Overview: – USD/CHF pair is turning down once again after arriving at 0.9800 levels we have seen reversal candlesticks on the daily time frame. Well this was not a surprise for us as we have seen strong supply pressure from the 0.9900 to 0.9367 level already.

Currently pair is trading below major and minor EMA lines and the outlook insist us to have a bearish view now and it will further confirm…

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GBP/USD under pressure around 1.2650, eyes on Brexit, US-UK trade talks.

Overview: – GBP/USD extends the drop from five-week highs to trade around 1.2650 amid a broad US dollar rebound and looming Brexit uncertainty. UK fisheries will be a tough nut to crack. Focus on US-UK trade talks.

From a technical perspective, the overnight upsurge confirmed a near-term bullish breakthrough a symmetrical triangle. Adding to this, the pair has now found acceptance above the…

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