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  1. #71
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    EUR/AUD Wave Analysis

    ~~ The counter is correcting in an ABCDE formation.
    ~~ It has completed wave D and is taking support at the trendline.
    ~~ We expect the pair to move higher to complete wave E.


  2. #72
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    NZD/USD Wave Analysis

    ~~ The counter has completed a 5-wave bull cycle.
    ~~ It is now poised to make an ABC correction and break below the support 0.68655 validates it.
    ~~ Hence, we advise traders to go short after the support breaks.

  3. #73
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    USD/JPY Technical Analysis

    ~~ USD/JPY made a strong impulse move two weeks before.
    ~~ But the rally fizzled out at the high and since then the pair is retracing its move.
    ~~ Now, it has found support around the 103.7 mark.
    ~~ A move beyond the resistance 104.2 can invite bulls once again in this counter and hence we advise traders to go long as soon as the pair breaks above it.


  4. #74
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    USD/CHF Technical Analysis

    ~~ The counter has been coiling within a 300 pip range.
    ~~ Now, it is at the lower end of the range and taking support.
    ~~ We expect the pair to head higher to the upper end of the range.


  5. #75
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    Thank you for that.

  6. #76
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    EUR/GBP Technical Analysis

    ~~ The counter has been in a steady decline for the last 3 months.
    ~~ Now, it has hit a strong support level which could trigger some profit booking.
    ~~ Further, the stochastic indicator has given a buy signal by crossing over from the oversold zone.
    ~~ Hence, we expect the pair to be bullish in the short-term.


  7. #77
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    AUD/CHF Wave Analysis

    ~~ The counter has been in a 5-wave bull cycle.
    ~~ Now, it is in the wave 4 phase which results in a bearish correction.
    ~~ Hence, we expect the pair to be bearish in the near-term.


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