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AUDUSD Approaching Major Support, Watch For The Bounce

AKSVIPUL6 Posted 28 Mar.  in #AUD USD

AUDUSD 0.23% is fast approaching a really key support level where we expect a really strong bounce from.
Buy above 0.7639. Stop loss at 0.7577. Take profit at 0.7779.
Reason for the trading strategy (technically):
Price is fast approaching major support at 0.7639 ( Fibonacci retracement , horizontal swing low support, Fibonacci extension ) and we expect a strong bounce from this level to push prices up to major resistance at 0.777…
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NZD USD SHORT

AKSVIPUL6 Posted 27 Mar.
We're seeing NZDUSD test major resistance at 0.7274 ( Fibonacci retracement , Fibonacci extension , horizontal swing high resistance, bearish divergence) and a strong reaction could occur at this price to push price all the way down to major support at 0.7206 ( Fibonacci retracement , horizontal swing low support). We do have to be wary of intermediate support found at 0.7232 ( Fibonacci retracement , horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 94% and also s…
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USDJPY Right On Major Support, Potential Bounce

AKSVIPUL6 Posted 22 Mar.  in #USD JPY

USDJPY -0.16% is now testing major swing low support and could see a nice bounce from here.
Buy above 105.56. Stop loss at 104.84. Take profit at 107.88.
Reason for the trading strategy (technically):
Price is seeing strong support above 105.56 ( Fibonacci extension , horizontal swing low support) and a strong bounce could occur at this level to push prices up to next resistance at 107.88 ( Fibonacci retracement , horizontal swi…
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SHORT Short on EUR USD after market failed to move

AKSVIPUL6 Posted 21 Mar.  in #EUR USD

Market failed to move up and tested the highs three times. Each time rejected higher prices and auctioned down. Recently gave a lower high and showing inclination for a move to the downside. Took a short position with stop at 1.24500, recent high.
Target achieved.
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GBP USD

AKSVIPUL6 Posted 21 Mar.  in #GBP USD

The price is fixed above the psychological level of 1.4 at the moment. So we expect further growth of our pair.
It has overcame the resistance level and had been over the upper boundary of the triangle. Therefore, we will expect further price advance up to approximately the level of 1.42 from which a price correction is possible
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USD/CAD – Fibonacci Meeting At 1.310 Levels

AKSVIPUL6 Posted 16 Mar.

USD/CAD Elliott Wave Structure is possibly revealing a Flat Pattern which seems to align with the Fibonacci measurements approximately around the 1.310 Level.
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AUD/NZD CYPHER

AKSVIPUL6 Posted 15 Mar.

We have detected a cypher pattern on AUD/NZD Target and StopLoss are on the chart.
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GBPUSD under heavy pressure

AKSVIPUL6 Posted 13 Mar.  in #Trader's blog

GBPUSD remains under strong bearish pressure from our descending resistance line and a further drop could occur below 1.3910 resistance ( Fibonacci retracement , horizontal swing high resistance, descending resistance) for a push down towards 1.3632 support ( Fibonacci retracement , horizontal pullback support).
RSI (34) sees our descending resistance line correspondingly holding price down really well.
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