Friday, 24 March 2017

FEAR & GREED INDEX - MODERATE FEAR

MAR24 - 2017
 FEB 22 - 2017

Fear and Greed index shows capital markets enters into moderate fear stance. This is the signals for market reversal. As per Elliott wave analysis at the movement Indices are enters into the short term corrective move, After this correction i am looking for Final move upside.

Thursday, 23 March 2017

NZDUSD ELLIOTT WAVE ANALYSIS 24 MAR 2017

NZD.USD - We can see clearly price move on this pair corrective in nature on higher degrees. On lower degree also more swings on both the directions from starting of this year. I am Expecting this will continue throughout this year, we cant get any clear direction.

Short term Impulse bearish move will continue to 0.6750 - 0.6720 region.


FOREX Intraday Signals 24 MAR 2017 (EET)

Aussie weakness and Pound strength we can see on the table. I am looking for commodity currencies weakness against greenback on last day trading of this week.

NOTE:
  • Eight SUPPORT AND RESISTANCE levels for INTRADAY as ENTRY and EXIT levels.
  • ODD Levels should be the ENTRY and EVEN level are EXIT Levels.
  • Trade Only on Signals Showing SELL4 and BUY4  and above pairs.
  • Use Correlation trade for better results.

FOREX Intraday Signals 24 MAR 2017 (NZDT)

Cross currencies volatility high compare to major pairs. Aussie weakness and Pound strength on the table. Most of the Major pairs are in Oversold and Over bought region, I looking for Green back strength on following sessions.

NOTE:
  • Eight SUPPORT AND RESISTANCE levels for INTRADAY as ENTRY and EXIT levels.
  • ODD Levels should be the ENTRY and EVEN level are EXIT Levels.
  • Trade Only on Signals Showing SELL4 and BUY4  and above pairs.
  • Use Correlation trade for better results.

EURUSD BEARISH BAT PATTERN - 23 MAR 2017

High probability bearish bat Pattern trigger reversal from 1.0800 handle. Potential Targets are 1.0700 - 1.0550 - 1.0472.



Wednesday, 22 March 2017

MCX COPPER - ELLIOTT WAVE ANALYSIS 23 MAR 2017

MCX COPPER - We see price trading in a ZIGZAG corrective structure on higher degree. Current bearish rally part of Lower degree corrective structure. Lower degree corrective structure wave B likely completed.

At the movement possible reversal and Price move on Impulse way on coming weeks. Target for this wave C - 416



USDJPY ELLIOTT WAVE ANALYSIS 23 MAR 2017

USD.JPY looks Irregular corrective pattern formed, Wave (B) retrace nearly 115% of wave A and 111 handle also support for possible reversal. We can expect strong impulse wave to cmplete ABC corrective pattern.

Wave C target  116 - 116.20.