Ichimoku Signal Update: USD/JPY - Buy at 101.65
As the greenback has retreated after intra-day rise to 102.77, suggesting minor consolidation below this level would be seen and test of intra-day support of 102.05 cannot be ruled out, however, reckon the Ichimoku cloud top (now at 101.66) would
EUR/AUD – Buy on a Dip to its Channel Support?
Rising channel: EUR/AUD has been rallying since the end of March and has been in somewhat of a rising channel. Some key developments here are:1) Moving averages are in bullish alignment
2) The RSI has held above 40 and tagged 70 many times, re
AUD/JPY: Is the Trend My Friend?
They say that the trend is your friend until it ends. With the BOJ's easing getting a green light from the G7 countries, I think that we won't see the end of the yen's selloff anytime soon. Check out my long-term setup!
16/05/13 May Tomorrow Stock Tips India, Today Sensex surges
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GBP/USD Testing Support Around 1.52
Support pivot: The decline in GBP/USD has been sharp since retreating from the 1.56 area. Now about 400 pips lower, GBP/USD is trading at a support area around 1.52. The 4H chart shows that we saw support here in April. So far we did indeed get a
Elliott Wave Forecast: EUR/JPY - Buy at 130.90
As the single currency has retreated after yesterday's brief rise to 132.78, suggesting consolidation below there would be seen and pullback to 131.53 (yesterday's low) and possibly 131.11 support cannot be ruled out, however, renewed buying inte
Elliott Wave Forecast: AUD/USD – Sell at 1.0000
As aussie has continued to move lower after breaking below psychological support at 1.0000, suggesting recent E leg decline is still in progress and further weakness to 0.9820 and possibly 0.9790-00 would be seen, however, near term oversold cond
Today SENSEX Tough the Level of 20,240 & Nifty Tough 6,179 l
15/05/2013 whole day market traded in Bullish note and closed also with Green Flag. Today Nifty closed up by 151.35 points at 6,146.75 and SENSEX closed at 20,212.96 up by 490.67 points. NSE BSE Today’s Highest trading points are 6,179.10 and 20,
AUDUSD Bearish; Wait On Pull-back For New Shorts
AUDUSD extended its weakness in the last few sessions within wave (iii) which can be counted now in five smaller waves. As such, support for current decline could be near, maybe around 0.9800 from where we will be tracking a wave (iv) corrective
Ichimoku Signal: GBP/USD - Sell at 1.5300
As the British pound has remained under pressure after meeting renewed selling interest at 1.5331 yesterday, suggesting recent decline from 1.5607 top is still in progress and further weakness to 1.5170-75 (50% projection of 1.5593-1.5275...
Ichimoku Signal: EUR/USD - Sell at 1.2990
As the single currency has remained under pressure after breaking last week's low of 1.2935, suggesting recent decline is still in progress and further weakness to 1.2870-75 and possibly 1.2850-55 (1.618 times projection of 1.3243-1.3033 measurin
Ichimoku Signal: USD/JPY - Buy at 101.50
The greenback has rallied after finding renewed buying interest at 101.25 yesterday, suggesting recent upmove is still in progress and further gain to 102.65-70 and possibly 102.95-00 would be seen, however, weakening of near term upward...


