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  1. #41
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    NZD/JPY Technical Analysis

    ~~ The zone of 71.100-200 proves to be a tough nut for the pair.
    ~~ Despite multiple attempts, the price is unable to break above it.
    ~~ Further, the price action has formed an evening action star pattern at the resistance zone.
    ~~ Hence, we expect the pair to be bearish in the near-term.


  2. #42
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    NZD/USD Technical Analysis

    ~~ This counter currently trying to form a wedge formation.
    ~~ Now, it has formed an ascending triangle with in that & broken to move up further.
    ~~ Hence, we expect that it will be bullish upto the resistance line.


  3. #43
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    AUD/CAD Technical Analysis

    ~~ The counter is currently trading around a strong resistance zone that triggered a sell-off previously.
    ~~ According to the wave, it has now completed the ABC correction for the down move it made.
    ~~ Further, the entire setup looks like a head and shoulder in the higher timeframes.
    ~~ Hence, we expect the pair to move down from here to the potential supportive trendline marked in the chart and if it is broken, it could trigger a larger sell-off.


  4. #44
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    USD/JPY Technical Analysis

    ~~ The counter is currently in a descending channel formation.
    ~~ It has made an inverted and cup and handle formation within that.
    ~~ Further, the price is currently hovering around a strong supply zone.
    ~~ Hence, we expect the pair to be bearish in the short-term.


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