EURUSD HAS REGULAR BEARISH DIVERGENCE

EURUSD has formed regular bearish divergence above Moving average 50SMA

Pair has support @1.2960, 1.2940,1.2880

Resistance @1.3020,1.3050

if Pair breaks Support level 1.2960 then pair may test Support 1.2880

NZDUSD 20121031

NZDUSD is found near resistance zone 

Support & resistance level are drawn in red and blue color in the charts 
if Pair break above 0.8240 then pair may test resistance @0.8374
Alternate view pair has most rejecting level @ 0.8240  if pair breaks below trendline then it will be temporary downside towards support in blue

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

AUDUSD HAS TRIANGLE PATTERN

AUDUSD has formed triangle pattern 

Pair has  support @1.0152 & resistance @1.0330

if Pair breaks above triangle then pair may test resistance @1.0330

ELLIOT WAVE COUNTING 

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

GBPUSD BULLISH

GBPUSD lies between support and resistance
Support @1.6192, 1.6160
Resistance @1.6270  1.6303 

EURUSD has formed triangle pattern & Elliot Wave

EURUSD has formed triangle pattern 

Yesterday Pair was in round 50pips range bound

As per Elliott Wave theory, Pair  lies in Wave (3) of Wave 5 (impulsive Wave)

If Pair breaks above 1.2582 then pair may test resistance 1.2740 

alternative view if Pair breaks below 1.25 then it will be temperary downside towards 1.24

Support @1.244 and resistance @1.2580,1.2690, 1.2740

Elliot Wave charts   refer counting in charts

Gbpusd is symmetrical triangle

GBPUSD is in symmetrical triangle
it is in rangebound  and hovering between fibonacci level 23.6 &61.8
if pair breaks upside above 1.5720 then pair may test 1.5740 & 1.59 

alternate view if pair breaks downside below 1.5680 then pair will be short term downside

resistance @1.5742 and support@1..5680

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

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

audusd Rangebound

AUDUSD is moving in range or Sidewise  between support and resistance.

today pair has regain it's yesterday's loss

pair find resistance @1.0540 and support@1.0440

if pair breaks above 1.0540 then pair may find resistance @1.0640,1.0710

if pair breaks below 1.0440 then pair may find support@1.031

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

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