Nidhi mistry's Blog (38)

EURUSD has formed three patterns for bullish

EURUSD has formed three patterns

1. Triangle pattern 

2. double bottom pattern

3. regular bullish divergence 

Above pattern has formed above trendline and RSI(14) IS ABOVE 50

i feel fed will not change it's policy before presidential election in US on November 6, 2012

LONG TERM VIEW IS BULLISH TOWARDS 1.3300 BEFORE MID NOVEMBER …

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Added by nidhi mistry on October 22, 2012 at 5:00pm — 1 Comment

NZDUSD has falling Wedge pattern

NZDUSD has formed falling wedge pattern and triangle pattern

Pair finds Support zone between Fibonacci level 38.2% and level 50% As shown in chart below 

If pair manage to break trendline@ 0.82 coming from 2nd Oct,2012 ' high then it opens target towards 0.85

Alternate view 

If pair breaks Strong Support level 0.8140 then pair may test support @0.800…

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Added by nidhi mistry on October 10, 2012 at 11:38pm — No Comments

AUDUSD has Double Top Pattern



AUDUSD  has formed Double Top pattern in Daily chart

Pair is rejecting from Support Zone ( 1.0152 to 1.0100) 

Pair has formed bullish divergence in 4hourly charts

More chance Pair may reject from these level (pink Line)

i m looking more upside

if Pair breaks Support level @1.010 then Pair may test support@0.97…

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Added by nidhi mistry on October 8, 2012 at 10:00pm — 2 Comments

EURUSD Analysis 24th August, 2012

Pair has formed inverted Head & Shoulder pattern in Daily charts, targeting towards 1.2690
It has resistance @1.25 &1.2740 and Support @ 1.2040.  pair closed above 50 days simple moving average and RSI (14)  is turned below 65 which is acting as a resistance



Above pattern's target is valid above 1.2180. i am expecting correction between 1.25 & 1.2420



My Overall View…
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Added by nidhi mistry on August 24, 2012 at 11:52am — No Comments

EURUSD Analysis 24th August, 2012

Pair has formed inverted Head & Shoulder pattern in Daily charts, targeting towards 1.2690
It has resistance @1.25 &1.2740 and Support @ 1.2040.  pair closed above 50 days simple moving average and RSI (14)  is turned below 65 which is acting as a resistance



Above pattern's target is valid above 1.2180. i am expecting correction between 1.25 & 1.2420



My Overall View…
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Added by nidhi mistry on August 24, 2012 at 11:52am — No Comments

GBPUSD Analysis 20th August,2012

Current Price 1.5692



Pair has retraced and bounced @ fibonnaci level 61.8% in hourly charts. Currently Pair is hovering around above fib 50%. Pair finds support above trendline coming from 2nd August, 2012's low



Strong resistance @1.5742

pair has triangle pattern in daily charts

long term view is bullish

Recommend strong buy above…

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Added by nidhi mistry on August 20, 2012 at 6:53am — No Comments

EURUSD Analysis 17th August, 2012

Pair has formed Head & Shoulder pattern in Daily charts, targeting towards 1.2690
It has resistance @1.25 &1.2740 and Support @ 1.2040. Yesterday pair closed above 50 days simple moving average and RSI (14)  is above its midline 
 
 
My Overall View is bullish towards level 1.38 
Buy @1.2375 Stop @1.2260 Target @1.25 & 1.2690, 1.2740…
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Added by nidhi mistry on August 17, 2012 at 1:49am — No Comments

AUDUSD HAS FALLING WEDGE PATTERN

AUDUSD has falling wedge pattern and regular bullish divergence 

resistance @1.0540, 1.0610 and support@1.0490 and 1.0440

if pair breaks above 1.0540 then pair may test resistance level @1.0610

MY VIEW IS BULLISH TOWARDS 1.14  CLICK HERE…

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Added by nidhi mistry on August 14, 2012 at 8:55am — No Comments

GBPUSD is moving bearish channel

Pair has formed regular bullish divergence above support line 
pair has support @1.5480 & 1.5440(strong) and resistance @1.56 & 1.5740(strong)
pair is moving in bearish channel if pair breaks bearish channel then it will turn upside targeting 1.5940 
My Overall view is bullish 
Main target is 1.64 & 1.68
If Pair break…
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Added by nidhi mistry on August 3, 2012 at 3:02am — No Comments

GBPUSD 20120801

GBPUSD is moving within a channel and Price have retraced close to fibonacci 50% level

Pair has support @1.5602 and resistance @1.5704, 1.5742, 1.5940

if pair breaks channel upside then it will resume bullish tone 

i feel pair is bullish above 1.56

More detail…

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Added by nidhi mistry on August 1, 2012 at 10:12am — No Comments

GBPUSD 20120726

I feel GBPUSD has triangle pattern formed in hourly charts  

pair has resistance @1.5550 and support @1.5440. trendline is coming from 19july,2012's high

it is consolidated in this range if pair break above 1.5550 then it will turn upside 

Please click here gbpusd for more detail in daily charts

my overall…

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Added by nidhi mistry on July 26, 2012 at 10:25am — No Comments

GBPUSD 20120725

AUDUSD HAS FORMED REGULAR BULLISH DIVERGENCE PAIR WILL CONFIRM UPSIDE BREAKOUT IF PAIR MANAGE TO BREAK TRENDLINE MY LONG TERM TARGET @1.14 MY OVERALL VIEW IS BULLISH …

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Added by nidhi mistry on July 25, 2012 at 9:52am — No Comments

NZDUSD AUDUSD, EURUSD AND GBPUSD

I feel nzdusd has formed regular  bullish divergence below trend line and 50MA IN HOURLY CHART

IF PAIR MANAGE TO BREAK TRENDLINE THEN  PAIR MAY TEST RESISTANCE @0.7927
AUDUSD HAS FORMED REGULAR BULLISH DIVERGENCE 
PAIR WILL CONFIRM UPSIDE BREAKOUT IF PAIR…
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Added by nidhi mistry on July 25, 2012 at 7:53am — No Comments

GBPUSD 20120724

I feel gbpusd has formed regular bullish divergence. price is below moving 20 and 50

if pair breaks above 1.5540 then it may test resistance @1.5740,

and if pair breaks below 1.5480 then it may turn temporary bearish target 1.54

my overall view is bullish for level 1.64 and1.68…

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Added by nidhi mistry on July 24, 2012 at 11:15am — No Comments

AUDUSD 20120719

I feel audusd has formed triangle pattern pair may find resistance @1.0640 and strong support lie0.9645

Added by nidhi mistry on July 19, 2012 at 10:02am — No Comments

GBPUSD HAS TRIANGLE PATTERN

I feel GBPUSD has formed triangle pattern. Pair is continuously bouncing between support and resistance line. my main bias is bullish. if pair breaks below blue support line then pair will turn temperary bearish and if breaks above 1.5670 then pair may test resistance level 1.5730 and 1.5780…

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Added by nidhi mistry on July 18, 2012 at 7:30pm — No Comments

NZDUSD 20120717

I feel nzdusd has formed regular bearish divergence and uptrend line acting as support line

if pair breaks support line then it may turn temporary bearish and my main bias is bullish …

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Added by nidhi mistry on July 17, 2012 at 1:34pm — 1 Comment

EURUSD HOURLY, 4 HOURLY AND DAILY 20120713

I FEEL EURUSD HAS BULLISH EMGULFING PATTERN IN HOURLY

PAIR FIND SUPPORT@1.2160 AND RESISTANCE @1.2230 IF PAIR BREAK ABOVE 1.2230 THEN IT MAY TEST 1.2350, 1.2415

REGULAR BULLISH DIVERGENCE IN 4 HOUR AND DAILY CHARTS    MY OVERALL TREND IS BULLISH ABOVE 1.21…

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Added by nidhi mistry on July 13, 2012 at 9:18am — 2 Comments

GBPUSD HAS TRIANGLE PATTERN

i feel GBPUSD HAS TRIANGLE PATTERN IN ONE HOUR CHART  

pair has strong resistance @1.5601 and support@1.5475 

if pair breaks triangle above 1.5560 then pair will consider as neutral trend tilll resistance @1.5601 and breaks further upside 

my main bais is downside if pair manage to break below 1.5475 then pair may test next targeting level @1.535   long term target 1.45…

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Added by nidhi mistry on June 15, 2012 at 12:07pm — No Comments

EURUSD 20120615

I feel eurusd has regular bearish divergence and strong resistance @1.2680 and support@1.2550

below 1.2680 resistance,my main bias is downside towards 1.2350 and 1.22

and if eurusd pair breaks above 1.2680 then pair may test targeting level @1.30

above analysis…

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Added by nidhi mistry on June 15, 2012 at 7:54am — No Comments

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