CHFJPY Looking bullish if price retests the nearest swing area as shown NZDJPY will be good for shorts if it breaks the downtrend and recent swing area USDJPY After taking a long position last week closing early – as price printed bearish action, we are now looking to take a sell position at same swing […]
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UJ looking bullish Impulse and then a bullish flag under formation – Awaiting next impulse to the upside
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Lets look at dollar on different time frames ( Bullish Bias) The below is 4Hr time frame chart The most traded pairs EURUSD and GBPUSD EURUSD – Daily time frame EURUSD – 4HR time frame GBPUSD- Daily time frame the 4Hr indicates that price might correct a bit more before it drops further Two scenarios […]
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Lets clear some FUD We are now at a major support area. I foresee only 2 scenarios The first is micro duration analysis that this we bounce from the current area by creating triple bottom as shown below by 3 green arrows The 2nd one is where the whales manipulate the prices and managed to wick […]
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Few areas where we can have long opportunities Fundamentally as more and more people are getting vaccinated in the US this might be a good sign for the stock market to rise We see 44.6% people got vaccinated in the US Technically – We have to wait for the price to start showing bullish indication […]
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USD touched 5 years low against CAD, which kept us thinking should we look for buying opportunities or selling opportunities This should not be your sole reason to buy because the price touched 5 years low, But this can be one of the reason and if u combine with other confirmations In the below daily […]
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As price is not trending higher more and more people are talking about correction or drop. Let’s clear some air and see if we have any technical edge at the moment As we see price is still respecting 20 Day moving average on a daily which is a key indicator for traders to predict the […]
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Let’s look at different types of technical analysis on the daily chart 1.Price broke the 200-day moving average ( a technical indicator – indicates bearish price movement ) After breaking the Moving average price stayed below – Which mean the 200-day moving average is now acting as a resistance to the price – which is […]
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Go through this clickable PDF and find some really interesting and simple things that one should look for while trading know yourself
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Look at the commodity prices from last year Is this a sign of inflation in the coming year. we saw prices hiked from 70 to 80% look at the commodity charts below 1. Coffee was around 95 in 2020 and the price now sitting at 160 We are expecting price rise to continue in the […]
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