Showing posts with label long term. Show all posts
Showing posts with label long term. Show all posts

Tuesday, January 21, 2020

FX: EURJPY - Positional Analysis 21-Jan-2020

CMP: 121.98; Res: 122.66/122.89; Sup: 115.85
As long as 122.89 resists we can see bigger correction before next up move.
I expect to see 121.21, 120.18, 119.35, 118.53-117.9.


FX: NZDUSD - Positional Analysis 21-Jan-2020


CMP: 0.6603; Res: 0.6663/0.6753; Sup: 0.6583/0.6464

Primary Scenario:
As long as 0.6464 holds support, we will see 0.6753 again and ultimate target 0.6931-0.7006.
For medium term bullish scenario. 0.6464 must hold support.

Alt Scenario 1:
Can move down towards 0.6507 and reverse back to 0.6753 first.

Alt Scenario 2:
Can move towards 0.6507-0.6477 as weave A and move up towards 0.6600-0.6660 as wave B and follow up fall towards 0.642-0.6363.


QUICK LINKS:

GOLD/XAUUSD ANALYSIS JULY 2021

PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...