elkaninvestment's Blog

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USDCHF going UP

The pair has taken a nice bounce from a very good support of 0.880.
I expect it to be on bull rally now. target is 0.921
It can also be seen by daily chart.
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A not very famous pair :)

A bounce is seen and i am expecting a good reversal and next resistance level is 0.884.
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Cable going down!

The current resistance of 1.642 is respected nicely. With divergence and other indiactors showing short trend the next support is 1.5920
attached is the daily chart that suggest almost same.
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elkaninvestment avatar

Not going to take longs now

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Silver

Silver seems stable a bounce can be observed to 22.6 level.
the weekly chart below tells the story better
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arsalanadnan avatar

nice one

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GBPNZD

After testing a high of 2.026 it should retrace to a very strong support of 1.926
daily chart supports the perspective.
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arsalanadnan avatar

you are good

elkaninvestment avatar

thanks

elkaninvestment avatar

should be a right prediction

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Gold

Indicators suggest gold will break the next resistance of 1261 and will target 1294.
daily chart is also telling the same story
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EURUSD BEARISHNESS

The pair should resumes its bearishness after testing a high of 1.380. My technical indicators suggest it to be bearish.The daily chart is also self explanatory.
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arsalanadnan avatar

goOd idea

elkaninvestment avatar

thanks arsalanadnan

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