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Avnish26's Blog
GERMAN COALITION TALKS FAIL
GOOD EVENING ALL!!
I was watching EUR/USD whole day as I was uncertain how EUR/USD will react to the failure of coalition talks in Germany which may cause political uncertainty for a while and elections for a second time next year in Germany.
In the european session EUR/USD had gained almost 70 pips but the day progressed it had erased all its gains and now it is near to the day's lowest level. On the daily chart formation says if it breaks the today's low it might touch again its latest low of …
I was watching EUR/USD whole day as I was uncertain how EUR/USD will react to the failure of coalition talks in Germany which may cause political uncertainty for a while and elections for a second time next year in Germany.
In the european session EUR/USD had gained almost 70 pips but the day progressed it had erased all its gains and now it is near to the day's lowest level. On the daily chart formation says if it breaks the today's low it might touch again its latest low of …
EUR/USD
GOOD EVENING ALL!!
This week I will focus on EUR/USD as last week published GDP data of Germany and Italy were quite high as per expectations so we have seen nearly 300 pips growth in EUR/USD from the low of 1.156 level. This week whole Euro zones GDP will be published and hopefully it will be near to expectations and if it come true then we might see EUR/USD crossing its latest high of 1.86. So I will keep watch on EUR/USD and will try to enter into long position as I get it on my desired level…
This week I will focus on EUR/USD as last week published GDP data of Germany and Italy were quite high as per expectations so we have seen nearly 300 pips growth in EUR/USD from the low of 1.156 level. This week whole Euro zones GDP will be published and hopefully it will be near to expectations and if it come true then we might see EUR/USD crossing its latest high of 1.86. So I will keep watch on EUR/USD and will try to enter into long position as I get it on my desired level…
USD/CAD
GOOD EVENING ALL!!
Today's published Consumer Price Index of Canada is as per the expectations but it is well below target of Central Bank Of Canada thats why we have seen USD/CAD is at 10 days high that means lower CAD. Next resistance for the USD/CAD stands at 1.28198 and hopefully it will cross as it is already trading higher at 1.28. I will keep watch on the pair on Monday and after correction and consolidation I will enter into long trade.
Wish you all Happy Weekend
Today's published Consumer Price Index of Canada is as per the expectations but it is well below target of Central Bank Of Canada thats why we have seen USD/CAD is at 10 days high that means lower CAD. Next resistance for the USD/CAD stands at 1.28198 and hopefully it will cross as it is already trading higher at 1.28. I will keep watch on the pair on Monday and after correction and consolidation I will enter into long trade.
Wish you all Happy Weekend
EUR/AUD
GOOD EVENING ALL!!
I have placed a buy order in EUR/AUD as I saw it is consolidating for longer time and it can rise after that as it is in uptrend. Its uptrend was quite strong and much growth has happened so some correction was expected and now it is holding on in the range from yesterday. So probably it will rise.
I have attached here hourly chart for the reference.
I have placed a buy order in EUR/AUD as I saw it is consolidating for longer time and it can rise after that as it is in uptrend. Its uptrend was quite strong and much growth has happened so some correction was expected and now it is holding on in the range from yesterday. So probably it will rise.
I have attached here hourly chart for the reference.
GBP/USD
Hello frineds,
I have opened a long position in GBP/USD as I found consolidation and stabilisation on hourly chart. Below I have given hourly chart which shows my entry point.
I have opened a long position in GBP/USD as I found consolidation and stabilisation on hourly chart. Below I have given hourly chart which shows my entry point.
MAY REMAIN IN UPTREND
Federal reserve has kept the 3 rate hike targets for the 2018 and there is high probability that they will hike rate in December 2017 as well. Technically several trend line , Bollinger Band and ichimoku cloud suggests it is in uptrend and it will rise till its next resistance which is around 22.1000. so my target is at 19.78744.
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near upper level of Bollinger Bands.
Monthly char…
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near upper level of Bollinger Bands.
Monthly char…
MAY RISE AFTER CONSOLIDATION
Federal reserve has kept the 3 rate hike targets for the 2018 and there is high probability that they will hike rate in December 2017 as well. Technically several trend line , Bollinger Band and ichimoku cloud suggests it is in uptrend and it will rise till its next resistance which is around 3.80. so my target is at 3.6954.
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near middle level of Bollinger Bands.
Monthly chart: I…
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near middle level of Bollinger Bands.
Monthly chart: I…
MAY RISE AFTER CONSOLIDATION
Federal reserve has kept the 3 rate hike targets for the 2018 and there is high probability that they will hike rate in December 2017 as well. From last 4 months it is consolidating on monthly chart. Ichimoku cloud suggests on monthly basis it is in uptrend and it will rise till its next resistance so my target is at 1.37402.
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near middle level of Bollinger Bands.
Monthly chart: …
Technical Indicators: Bollinger Bands, Ichimoku Cloud.
Charts: Weekly and Monthly.
On weekly chart it is consolidating near middle level of Bollinger Bands.
Monthly chart: …
AUD/USD AND NZD/USD
Hi all,
I have placed a buy order to open a long position in AUD/USD and NZD/USD as I have found USD getting weaker again so these two pair may rise.
Below I have given screen shots of my orders.
Hourly chart of AUD/USD
Hourly chart of NZD/USD.
I have placed a buy order to open a long position in AUD/USD and NZD/USD as I have found USD getting weaker again so these two pair may rise.
Below I have given screen shots of my orders.
Hourly chart of AUD/USD
Hourly chart of NZD/USD.