Our Preference: Buy Above 0.7530 for the target of 0.7630 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- AudUsd was formed new lower trend line and its start to trade in the triangle pattern and yesterday it was closed on higher side as bullish candle so we can go buy near key support level of lower trend line and except upto next key resistance level :- which we have shown in attached image.
Our Preference: Sell below 0.7750 for the target of 0.7640 levels
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- CadChf was trading below the ascending triangle pattern and last week its bounced back from key resistance level of previous support line of triangle pattern and we got closing below the 23% Fibonacci retracement level, so we can except on selling side and we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
Our Preference: Buy Above 0.8840 for the target of 0.9030
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- NzdCad was broken the ascending triangle pattern on upper side and it sbroken the key resistance of the horizontal so we can except on buying side and we can near intraday support levels and except upto next key resistance levels:- which we have shown in attached image.
Our Preference: Sell below 1.9300 for the target of 1.9010
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- GbpNzd was broken the ascending triangle pattern on lower side, last week GbpNzd was formed douple top and closed on lower side as bearish candle, further we can except on selling side, so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
Our Preference: Sell below 152.00 for the target of 150.30
Alternative Scenario: Nill
Technical Commentary: In Daily Chart :- Last week GbpJpy was failure to close above the previous high of resistance and we got closing below the key resistance, now the previous high acting as the key resistance level and double top of high was formed so we can sell near intraday resistance levels and except upto next key support levels:- which we have shown in attached image.
| PIPS COUNTER - SINCE JANUARY 2013 | ||
| Total Trades | Total Pips | |
| EUR / USD | 1135 | 10130 |
| GBP / USD | 1054 | 10550 |
| USD / CHF | 907 | 8945 |
| EUR / JPY | 818 | 10435 |
| XAU / USD | 1156 | 207955 |
| TOTAL: 248015 | ||
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