Category: Market Insights

gbpusd_market_insights

GBP/USD: Bears are taking the charge & heading south.GBP/USD: Bears are taking the charge & heading south.

Overview:- By analyzing the daily technical chart we can see that after the tug of war bears got the charge and headed towards south side. Yesterday we have seen a

GBP/JPY: Pair turned down from 50% Fibonacci level.GBP/JPY: Pair turned down from 50% Fibonacci level.

Overview By observing the daily technical chart we can see that earlier pair was trading and moving in a downtrend and a downtrend line was also lying on the chart

GBP/USD: Massive bullish storm from bull’s side can be seen.GBP/USD: Massive bullish storm from bull’s side can be seen.

Overview:- The GBP/USD pair retained the negative tone seen on previous updates, extending its weekly decline to 1.2302, its lowest in two weeks. By analyzing the daily chart we can see

EUR/USD: Pair is moving and trading in downtrend channelEUR/USD: Pair is moving and trading in downtrend channel

Overview:-  By looking at the daily chart we can see that overall pair is trading between the downtrend channel and it is heading downside with strong bearish sentiments and it

nzdusd chart

NZD/USD: Potential double bottom pattern has been formedNZD/USD: Potential double bottom pattern has been formed

Overview:-  Since last 9 consecutive week’s we are witnessing downfall in the pair and pair is heading south side with strong bearish momentum. The pair has arrived at 4 year’s

audusd_reports

AUD/USD:Bears are dominating the bulls at heading south.AUD/USD:Bears are dominating the bulls at heading south.

Overview:– The pair has become has more convincing to sell once again as we can see that a steep downfall followed by a pull back, all this set up is

USD/CAD: Received supply pressure from 200 SMA zoneUSD/CAD: Received supply pressure from 200 SMA zone

Overview:– By analyzing the daily chart of the pair we can see that pair has made a rally from 1.3012 level and was limited to 1.3380 level. Overall bulls were

GBP/USD: Strong counter attack by bulls from the bottom end.GBP/USD: Strong counter attack by bulls from the bottom end.

Overview:- By analyzing the daily chart we can see that earlier pair was heading south side and it’s making successively lower lows and lower highs by getting the supply pressure