VAISHU09的博客
START OF TRADING SESSION
Hello friends,
Weekend is about to end and within few hours we will be back to work.
I want to share with you all one thought that as per my experience when we are not having any option about work about future plan in my life Dukascopy community is there to help all who are helpless. Because you don't need anything her just need a desire to do work. And many great people have proven that everything in world can be acquired.
So below is the one thought which I like very much.
And Dukascopy Commun…
Weekend is about to end and within few hours we will be back to work.
I want to share with you all one thought that as per my experience when we are not having any option about work about future plan in my life Dukascopy community is there to help all who are helpless. Because you don't need anything her just need a desire to do work. And many great people have proven that everything in world can be acquired.
So below is the one thought which I like very much.
And Dukascopy Commun…
NZD/JPY MAY REMAIN SIDEWAYS
Recently published economic data of New Zealand is below expectations so NZD is getting weaker against its most of the counterparts. JPY has got some strength because of recent Geopolitical tensions in North Korea and United States. As JPY is safe haven.
Technical Analysis: NZD/JPY is in downtrend on weekly and on monthly basis. In major trend it is in sideways trend.
TOOLS USED: ICHIMOKU FIBONACCI RETRACEMENTS.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
MONTHLY CHART:
Technical Analysis: NZD/JPY is in downtrend on weekly and on monthly basis. In major trend it is in sideways trend.
TOOLS USED: ICHIMOKU FIBONACCI RETRACEMENTS.
CHARTS: WEEKLY AND MONTHLY
WEEKLY CHART:
MONTHLY CHART:
EUR/USD MAY RISE IN EXPECTATIONS FROM ECB.
EUR rising in expectations that ECB may not extend quantitative easing beyond December 2017. As recently published economic data of euro zone and individual countries in Euro Area is well above expectations. So I expect it to rise to its next resistance of 1.23 level.
USD Fed chair Janet Yellen also gave indication of rate hike in December 2017. But it is already factored in by market as USD is up above from lower levels of this year.
Technical Analysis: EUR/USD is in uptrend on monthly and on w…
USD Fed chair Janet Yellen also gave indication of rate hike in December 2017. But it is already factored in by market as USD is up above from lower levels of this year.
Technical Analysis: EUR/USD is in uptrend on monthly and on w…
NZD/CAD MAY SEE SOME RETRACEMENT FROM LOWER LEVELS.
Recently published economic data of New Zealand is below expectations Bank of Canada has raised twice this year as Canadian economy is doing exceptionally well in Continent. But recently Governor said this pace cannot be continued of rate hike so I think NZD/CAD may see some retracement as technically also it has reached its support. It support stands at 87.440. So from that level it can see some retracement.
Technical Analysis: NZD/CAD is in downtrend on monthly and on weekly chart.
Tools Used:…
Technical Analysis: NZD/CAD is in downtrend on monthly and on weekly chart.
Tools Used:…
EUR/NZD MAY RISE ON ECB EXPECTATIONS.
EUR/NZD is in uptrend on weeknly and on monthly chart. Recently published economic data of New Zealand is below expectations and EUR rising in expectations that ECB may not extend quantitative easing beyond December 2017. As recently published economic data of euro zone and individual countries in Euro Area is well above expectations. So I expect it to rise and it may reach near its next resistance which is at 1.72752.
Technical Analysis: EUR/NZD is in uptrend on monthly and on weekly chart.
Too…
Technical Analysis: EUR/NZD is in uptrend on monthly and on weekly chart.
Too…
USD/JPY MAY RISE IN FED RATE HIKE EXPECTATIONS
USD/JPY is in uptrend on daily chart, but consolidating on weekly chart. As in September meeting Fed Chair Jannet Yellen indicated that there is probability of Fed rate hike in December and so USD/JPY is almost up 600 pips from low levels of 107.200. Now probability of Fed rate hike stands at 82% . I expect it to consolidate at the range of 114, so my target is at 114.070.
Technical Analysis: USD/JPY is in uptrend on monthly and on weekly chart.
Tools Used: Ichimoku Cloud, Fibonacci Retracement.…
Technical Analysis: USD/JPY is in uptrend on monthly and on weekly chart.
Tools Used: Ichimoku Cloud, Fibonacci Retracement.…
TECHNICAL OUTLOOK ON EUR/AUD
EUR/AUD is trading sideways on weekly chart as economic data of both the countries is strong.
Fundamentally market participants expecting ECB may not extend Quantitative easing after it ends in December 2017. I expect EUR/AUD to get some correction till its next Fibonacci support at 1.46380.
Technical Analysis: EUR/AUD is in correction mode on monthly and on weekly chart.
Tools Used: Ichimoku Cloud, Fibonacci Retracement.
Charts: Weekly and Monthly Chart.
Weekly chart:
Monthly chart:
Fundamentally market participants expecting ECB may not extend Quantitative easing after it ends in December 2017. I expect EUR/AUD to get some correction till its next Fibonacci support at 1.46380.
Technical Analysis: EUR/AUD is in correction mode on monthly and on weekly chart.
Tools Used: Ichimoku Cloud, Fibonacci Retracement.
Charts: Weekly and Monthly Chart.
Weekly chart:
Monthly chart: