Showing posts with label regular bullish divergence. Show all posts
Showing posts with label regular bullish divergence. Show all posts

Monday, October 22, 2012

EURUSD has formed three patterns for bullish

EURUSD has formed three patterns

1. Triangle pattern

2. double bottom pattern

3. regular bullish divergence

Above pattern has formed above trendline and RSI(14) IS ABOVE 50

i feel fed will not change it's policy before presidential election in US on November 6, 2012

LONG TERM VIEW IS BULLISH TOWARDS 1.3300 BEFORE MID NOVEMBER


please refer chart below



Monday, October 8, 2012

AUDUSD 20121009



AUDUSD  has formed Double Top pattern in Daily chart
Pair is rejecting from Support Zone ( 1.0152 to 1.0100)
Pair has formed bullish divergence in 4hourly charts
More chance Pair may reject from these level (pink Line)
i m looking more upside
if Pair breaks Support level @1.010 then Pair may test support@0.97



NZDUSD20121008


NZDUSD has formed Regular Bullish divergence 
And Pair has consolidate at this level 
please refer charts of nzdusd below 

Tuesday, August 14, 2012

AUDUSD HAS FALLING WEDGE


AUDUSD has falling wedge pattern and regular bullish divergence 
resistance @1.0540, 1.0610 and support@1.0490 and 1.0440
if pair breaks above 1.0540 then pair may test resistance level @1.0610


Friday, August 10, 2012

GBPUSD HAS TRIANGLE PATTERN

GBPUSD is currently in triangle pattern
it has resistance @1.5655 and support@1.5555
please watch image it cover full detail




Thursday, August 2, 2012

GBPUSD 20120803


Pair has formed regular bullish divergence above support line 
pair has support @1.5480 & 1.5440(strong) and resistance @1.56 & 1.5740(strong)
pair is moving in bearish channel if pair breaks bearish channel then it will turn upside targeting 1.5940 
My Overall view is bullish 
Main target is 1.64 & 1.68
If Pair break level 1.5409 then pair may find support level @1.5202





Pair is moving in triangle pattern



Monday, July 30, 2012

GBPUSD has formed regular bullish divergence

GBPUSD has formed regular bullish divergence as shown in chart below
pair has resistance @1.5742 and support @ 1.5650, 1.5452
pair lies above moving averages20 and 50 in hourly charts
In 4hour charts, pair has formed bullish engulfing pattern.
If pair breaks level@1.5742 then  pair may test resistance @1.5940 & 1.6
alternative view, if pair fail to break resistance @1.5742 then pair will form double top pattern