GBPAUD ANALYSIS JANUARY 2021

ANALYSIS 16-JAN-2021

CMP: 1.7631; RES: 1.8527/2.0595; SUP: 1.7413

Are we in upside correction?

Based on Weekly Chart, downside min target done at 1.7413.

Extension can be 1.7243-1.7121, 1.6577-1.6491, 1.5371-1.5168, 1.4626-1.4376.

Based on Daily chart,

If 1.7413 support holds, we can see 1.7676-1.7727, 1.7839-1.7866, 1.7968, 1.8102, 1.8200.

Based on Hourly chart,

If 1.7543/1.7413 holds support, we can see 1.7678, 1.7700. 1.7734.

As of now my preference stay aside with this pair.

It looks like bulls can take charge if 1.7413 holds support.

Previous Analysis: https://rajtechanalysis.blogspot.com/2021/01/gbp-pairs-04-jan-2021.html

AUDJPY ANALYSIS JANUARY 2021

ANALYSIS 16-Jan-2021

CMP: 80.00; SUP: 72.89/59.89; RES: 105.39

Based on weekly chart,

As long as the above levels support, we can see 82.64, 88, 90.07, 94.65, 96.24.

And if 105.39 resists, we will see 59.89 again.

Based on H4 chart,

Sup: 75.39; Res: 80.69

If 80.69 resists, we can see 79.35-78.42 before next up move.

Upside target remains 81.8, 82.38, 83.32.

Sellers SL 80.69

Buyers SL 75.39

AUDNZD ANALYSIS JANUARY 2021

ANALYSIS 20-Jan-2021

Previous analysis valid.

CMP: 0.0829; SUP: 1.0668/1.0627; RES: 1.0841

As long as the above support levels hold, we can see 1.0841 again and further 1.051-1.0875, 1.0924, 1.0994.

Downside can be 1.0773-1.0747 which is good place for buy for the above targets.

ANALYSIS 16-Jan-2021

CMP: 1.0801; RES: 1.1043; SUP: 1.0627/1.0416

As long as 1.0627 holds support, we can see 1.0833-1.0871, 1.0894-1.0994.

If 1.1043 resists, we can see 1.0416 again and more down further.

USDJPY ANALYSIS JANUARY 2021

Analysis 21-Jan-2021

CMP: 103.53;SUP: 102.57; RES: 104.39

Min. target on the downside done.

Reversal or more downside left?

More downside can be 103.32, 103.11, 102.98.

As long as 102.57/101 holds support, I expect big rally.

Analysis 18-Jan-2021

CMP: 103.76; RES: 103.93/104.21/104.41; SUP: 102.55

As long as the above resistances hold, we can see 103.35-103.21

If support 102.55 holds, we will see big reversal and first target will be 104.39.

 

 

Analysis 15-Jan-2021

CMP: 103.79; SUP: 102.57/101.16

If the above levels support, we can see big up move.

Need of upper trend line confirms the up move.

Best Buy entry: 103.30-103, SL 102.57/101.16 max.

TP: 104.26, 105.19, 106.44, 107.68, 111.7, 114.

NZDUSD ANALYSIS JANUARY 2021

ANALYSIS 26-Jan-2021

BULL or BEAR?

ANALYSIS 25-Jan-2021

CMP: 0.7206; RES: 0.7316; SUP: 0.7095
As per my primary scenario, I expect big correction towards 0.6725-0.6567 before next rally.
Alternative Scenario: Can go to 0.7316/0.7366 and fall to downside target.

Weekend Analysis 16-Jan-2021

CMP: 0.7130; RES: 0.7240/0.7316
As long as the above resistances hold, we can see more down side.
Downside targets: 0.7135 (done), 0.7071-0.7060(normal target), 0.7031-0.7020, 0.6967-0.6897  (ultimate target), extension 0.6843, 0.6793

ANALYSIS 13-Jan-2021

CMP: 0.7182; RES: 0.7239/0.7315; SUP: 0.7143
As long as the above resistances hold and a break of 0.7143, we will see 0.7069-0.7030, 0.6955-0.6941.

 

ANALYSIS 11-JAN-2021

CMP: 0.7192; RES: 0.7322; SUP: 0.6993
NZDUSD has done it's normal upside target between 0.7210-0.7322.
Possible extension can be 0.7488, 0.7638.

If 0.7322 is the top and a break of 0.6993, we can see 0.6821, 0.6725, 0.6569...

AUDUSD ANALYSIS JANUARY 2021

AUDUSD ANALYSIS 16-Jan-2021

CMP: 0.7702; RES: 0.7821; SUP: 0.7516/0.7461

Based H4 chart,
If AUDUSD resisted by 0.7821 and a break of the down trendline & 0.7461, the top might be in place. 
If 0.7600 supports and a break of 0.7821, we can see 0.7836, 0.7873, 0.7895 to complete this up move.

Based on H1 chart,
RES: 0.7731/0.7805/0.7821
If the above resistances hold and a break of 0.7667, we can see 0.7650-0.7613, 0.7554-0.7531.

ANALYSIS 11-JAN-2021

CMP: 0.7710; SUP: 0.7341; RES: 0.7821

As long as 0.7341 supports, we can see one more high and expecting 0.7834, 0.7017, extension could be 0.8033, 0.8133

EURCAD ANALYSIS JANUARY 2021

Analysis 10-Jan-2021
CMP: 1.5541 RES: 1.5785/1.5995/1.6153

As long as the above resistances hold, we will see more down side towards
1.4823, 1.4317-1.4102, 1.3656-1.3380.

Break of 1.6153, we will see big bull move.