HAI, I AM TRADER. I HOPE YOU ALL DOING WELL.
I USE FIBONACCI RETRACEMENT, SUPPORT AND RESISTANCE
I USE FIBONACCI RETRACEMENT, SUPPORT AND RESISTANCE
sathish kumar
USD CAD, “US Dollar vs Canadian Dollar”At the H1 chart, the price is moving at the top as well. If the pair breaks the +2/8 level during the day, the lines at the chart will be redrawn...
· 1
179
sathish kumar
USD CAD, “US Dollar vs Canadian Dollar” Canadian Dollar is trying to stay above the 8/8 level inside “overbought zone”. Earlier, the price was supported by the 6/8 level and rebounded from it several times. In the nearest future, the market may continue moving towards the +2/8 level...
· 1
108
sathish kumar
AUD/JPY: supply heading for key supports gönderisini yayınladı
AUD/JPY was licking its wounds after losing the 0.73 handle in a soft commodities sector and the greenback losing ground to the Yen. In recent moments, there has been supply in the Aussie while PBoC said to be injecting CNY 10b via 7 day reversals and sets the ref rate mid point for CNY at 6...
72
sathish kumar
PBOC sets Yuan central parity at 6.4078 Tues versus 6.3985 gönderisini yayınladı
On Tuesday, the Chinese central bank, PBOC, sets USD/CNY reference rate at 6.4078 versus 6.3985 previous close. Meanwhile, China’s CSI300 futures open down 0.6...
90
sathish kumar
China's RRR expected to be cut by 0.5% in Dec gönderisini yayınladı
As reported by Shanghai Securities News via MNI, Shen Lan, an economist covering China for Standard Chartered noted that China's reserve requirement ratio (RRR) is expected to be cut by 0...
78
sathish kumar
FOMC to hurt Asian currencies - ANZ gönderisini yayınladı
The USD has tended to rally against major currencies heading into the start of a Fed tightening cycle, but weaken following the first rate hike. However, the pattern is a lot more varied against Asian currencies...
59
sathish kumar
At the H1 chart, the price is getting closer to the 4/8 level. If the pair rebounds from this level, the ascending correction may continue. However, the door swings both ways: if the price breaks the 4/8 level and stays below it, the market may continue falling...
93
sathish kumar
EUR USD, “Euro vs US Dollar” Eurodollar has faced resistance from the 2/8 level and started a descending correction. If later the price is supported by the 0/8 level and rebounds from it, the market may resume its ascending movement...
142
sathish kumar
il prices seeped to their lowest level in over 6 years, breaking swing lows as oversupply was confirmed as not being abated any time soon. OPEC meetings ended with no resolution on production cuts and lacked any reference to output ceilings which was the big kicker in sending Oil to new lows...
60
sathish kumar
we can see at the H1 chart, the price is trying to rebound from the retracement of 38.2%. It’s highly likely that on Monday the pair may complete the local correction...
66
sathish kumar
Europound has started an ascending correction as well. The closest is the local group of fibo-levels at 0.7295. Possibly, the market may resume its growth towards upside targets during the day...
73
sathish kumar
At the H1 chart, the price is moving near the local retracement of 38.2%. If the price rebounds from this retracement upwards, it may resume its ascending movement towards upside targets...
92
sathish kumar
In case of Eurodollar, the ascending correction continues; its closest target is at the group of fibo-levels close to the correctional retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8...
92
sathish kumar
Forex economic events 8.12.2015 gönderisini yayınladı
8.12.2015 00:00Immaculate Conception Day Currency: EUR, Importance: Not significant 08.12.2015 00:00Immaculate Conception...
85
sathish kumar
GBP/USD finds support at 1.5040 gönderisini yayınladı
GBP/USD found support at the 1.5040 zone and settled in a slim range just above where it has spent the last hours, unable to pick up momentum either side of the board in the absence of first-tier data...
· 1
78
sathish kumar
Key China trade data coming up - TDS gönderisini yayınladı
Analysts at TD Securities noted that this week sees the release of Chinese November trade (Tuesday) and CPI (Wednesday). Key Quotes: "We and the consensus have pencilled in a similar recovery for exports (-5% Y/Y from a prior -6.9...
73
sathish kumar
NZD/USD extends the pullback, eyes 0.6600 gönderisini yayınladı
The New Zealand dollar continues to edge lower versus the greenback as currencies linked to commodities underperform in a quiet session in between major economic events. NZD/USD has dropped more than 150 pips from Friday’s highs, when it reached a 1-month peak of 0...
67
sathish kumar
WTI down to test $38.00 gönderisini yayınladı
Crude oil prices are collapsing at the beginning of the week, finding some support around the $38.00 mark per barrel so far. WTI slumps on OPEC, USD The barrel of West Texas Intermediate is trading at shouting distance from YTD lows at $37...
86
sathish kumar
GBP/USD supported at strong 38.2% fib level gönderisini yayınladı
GBP/USD has stabilized after a sell-off from the 1.51 handle to test the support base made up of the 200 SMA and 100 SMA on the 1hr time frame. The 38.2% fib at 1.5057 is also located in this cluster...
72
sathish kumar
Fed's Bullard highlights inaccurate Fed forecasts gönderisini yayınladı
Fed's Bullard has been on the wires and has offered bearish comments in respect to the Fed's projections this year...
53