01-APR-2021
As long as 0.7135/0.7268/0.7471 resists, more down side can be seen.
BULLISH SCENARIO:
01-APR-2021
BULL or BEAR? Above 1.2601, can see more up move towards 1.28+
GBPUSD topped out? Targets for Bulls and Bears
CMP: 1.3741; SUP 1.3689/1.3627
As per my analysis, GBPUSD, top out is in progress.
Break of 1.3689, we can see 1.3433, 1.3375, 1.3126, 1.3015...
TRADE IDEA:
SELL LIMIT: 1.3739/1.3793.1.3858, SL 1.3857
SELL STOP: 1.3689/1.3621
NOTE: I don't have any position. View is based on my analysis for learning purpose only.
CMP: 104.92; SUP: 103.32/102.5; RES: 105.69.
If 103.3 holds support, we can see 105.08-105.5, 106.17-106.43.
As per my previous analysis, USDCHF reached upside target.
CMP: 0.9008; RES: 0.9046; SUP: 0.8900/0.8755
As long as 0.9046 resists, we can see some more downside towards 0.8930 and
if 0.8900 supports, we can see big reversal towards 0.9100/0.9131/0.9155...
CMP: 0.7195; RES: 0.7321
As long as 0.7255/0.7321 resists, we can see 0.7050, 0.6610, 0.6320 before next bull move.
https://rajtechanalysis.blogspot.com/2021/01/ltcusd-analysis-january-2021.html
BULL or BEAR?
Bullish scenario valid above 147.
CMP: 0.8867; SUP: 0.8837; RES: 0.8919
Break of 0.8919, we will see 0.9000-0.9038.
CMP: 0.8867; RES: 1.0344; SUP: 0.7064;
Based on weekly chart,
Res: 0.8966/0.9206/0.9294.
Minimum target on the down side done at 0.9091/0.8808 but no signals of reversal yet.
Extensions can be 0.8634, 0.8572, 0.8317, 0.8917.
PREVIOUS ANALYSIS https://rajtechanalysis.blogspot.com/2021/06/goldxauusd-analysis-june-2021.html Long term analysis included in the above p...