GBPUSD TECHNICAL ANALYSIS

Hello everyone!

Here is another deal with GBPUSD pair for going Long, Rectangle Chart Pattern in GBPUSD Daily chart. We have to steps in the Take Profit level, once price reached the first T/P then you can use Trolling Stop Loss for the other target and let this trade go.

GBPUSD Chart

The detail about the entry and TP/SL levels is,

Buy @ 1.6320-1.6350
Save Loss @ 1.6145
Take Profit 1 @ 1.6470
Take Profit 2 @ 1.6640 ( Trolling Stop : 120 pips once Take Profit 1 hit )

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GBPJPY TECHNICAL ANALYSIS

Hi guys!

I have a long term great opportunity to invest in GBPJPY, basically the analysis are from the weekly chart and I was testing it for a few days, and now I'm going to introduce here.

The pair (GBPJPY) got a pattern known as Bottom Reversal Pattern, formed in weekly chart, you can see the formation detail in below snapshot. Last week pair has managed to break the Resistance Line in weekly chart, and the current week pair is having a great up trend movement above the Resistance which now act as Support as well.

GBPJPY Chart

The depth of the pattern is almost 4500 PIPs, and our Target Take Profit level is 3000 Green Pips :). Yes I know its a huge one.

You can go for long all the detail i have mentioned on the snapshot, about target level and stop loss, we are already in profit about 300 Pips. 

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USDJPY Technical Analysis

Hello everyone, hope all doing great.

Today we have a new analysis and trade signals, I usually don't post until I got strong signals from the market condition so that it might useful for the new traders too.

USDJPY technical analysis! So far the pair was on bullish trend but a few minutes ago the pair has formed bearish signals which are indicating that soon a down trend may start, if you going to buy than be careful, we are going for short today.

USDJPY Daily Chart Analysis

1)      We Got Bearish Bat

2)      We have Supply zone

3)      Last Bearish Divergence and Oversold in Stochastic Oscillator

USDJPY Technical Analysis

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USDCAD Technical Analysis

Hello guys!

I am going to discuss about USDCAD views for the coming week and also a bit about the past week, so let’s start.

Last week USDCAD was on an uptrend and stopped at the Resistance Trend line, drawn from the June 2013. Till the end of the past week we got a Bearish Gartley in daily Chart, as you guys can see in the snapshot. Another bearish signal which we have in daily chart is Bearish Divergence between price and momentum of the Ultimate Oscillator, Prices are moving higher in Chart while the momentum is decreasing which means the bulls are getting weaker and soon bears going to take control.

I recommend a sell order for the coming week at the price level of 1.0475 or at the price where the market start because it is possible that the market gets a window in the opening.

Sell @ 1.0475

TP 1^st: 1.0395, TP 2^nd: 1.0320

SL @ 1.0516

USDCAD Technical View

Important levels for the coming week
Support levels	Pivot Point	Resistance levels
1.0391	1.0444	1.0476
1.0360		1.0529
1.0307		1.0560

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CRUDE OIL TECHNICAL ANALYSIS

Hello guys!

Its been a while since i post my analysis, actually i'm a bit busy in my exams and i'll start posting regularly after some time so keep visiting..

I am going to discuss about Crude Oil, yesterday we saw an uptrend green candle in #CL daily chart, after that Bullish Engulfing Candles pattern formed at the Support level 93.50, followed by 24th June.

Crude Oil Chart

The Resistance levels is at 95.60, if bulls manage to break this level the next stop will be at 97.35 (23.6 at fib).

Today's crude oil important support/resistance levels are:

D_R1: 95.60, D_R2: 96.37, D_R3: 97.35
D_PP: 94.62
D_S1: 93.85, D_S2: 92.87, D_S3: 92.10

Thank you, and please share your response. 

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