sathish kumar
sathish kumar
TRADER
HAI, I AM TRADER. I HOPE YOU ALL DOING WELL.

I USE FIBONACCI RETRACEMENT, SUPPORT AND RESISTANCE
sathish kumar
Published post OPEC is dead – BBH
Research Team at BBH, notes that many observers conclude OPEC is dead. Oh, its demise has been claimed before, but after the oil cartel failed to provide a quota (output goal) in last week's statement, the claim has been given new life...
sathish kumar
Published post AUD: GDP forecasts lowered following downgraded commodity prices - NAB
The Australia’s, Q3 GDP figures were consistent with their view that the recovery across the non-mining recovery is broadening, and recent business survey results suggest this momentum continued into Q4...
sathish kumar
Published post Reported bitcoin 'founder' Craig Wright's home raided by Australian police
Reported bitcoin 'founder' Craig Wright's home raided by Australian police Police have raided the home of an Australian tech entrepreneur identified by two investigations as one of the early developers of the digital currency bitcoin...
sathish kumar
USD JPY, “US Dollar vs Japanese Yen” More detailed structure is shown on the H1 chart. It looks like the price is forming the third wave in the (v). On Tuesday, after completing the local correction, the market is expected to resume moving upwards...
sathish kumar
USD JPY, “US Dollar vs Japanese Yen” Probably, the market is still forming the wave (v). In the future, after finishing the current ascending impulse, the price may start a long bearish correction...
sathish kumar
GBP USD, “Great Britain Pound vs US Dollar” As we can see at the H1 chart, Pound has formed the zigzag in the wave (v) and the bullish impulse in the wave (a). In the nearest future, the price may continue forming the correctional wave (b...
sathish kumar
GBP USD, “Great Britain Pound vs US Dollar” After finishing the diagonal triangle, Pound started the correction. Later, the price formed the ascending impulse in the wave (a). Later, after completing the local correction, the pair may resume its growth in the wave (c...
sathish kumar
EUR USD, “Euro vs US Dollar” More detailed structure is shown on the H1 chart. After finishing the diagonal triangle in the wave [v], the pair has rebounded from its lower border and started the correction. On Tuesday, the market may continue forming the descending wave [b]...
sathish kumar
EUR USD, “Euro vs US Dollar” Probably, last week Eurodollar completed the descending impulse in the wave 3 or C. In the nearest future, the pair may continue forming the correctional wave [b], which may be followed by another bullish impulse in the wave [c] of 4...
sathish kumar
Published post China stocks rebound, Nikkei extends sell-off
The stocks on the Asian bourses traded mixed on Wednesday, with the Japanese markets extending the previous sell-off on weaker cues from the Wall Street and European equities and lower oil prices...
sathish kumar
Published post NZD/USD breaches 1h 200-SMA support, eyes 0.6600
NZD/USD extends its bearish momentum into a third-day today, with the renewed bout of selling interest triggered by negative sentiment on the Asian markets and China slowdown worries. NZD/USD heavy, heading towards Tuesday’s low Currently, the NZD/USD pair trades -0...
sathish kumar
Published post EUR/USD extends beyond 1.0900, risk-off at full steam
The bid tone around the EUR keeps growing bigger heading into mid-Asian trades, with EUR/USD storming through 1.09 barrier and printing fresh three-day highs. EUR/USD on its way to daily R1 at 1.0921 Currently, the EUR/USD pair rises 0.20% to fresh three-day highs of 1...
sathish kumar
Published post USD/JPY drops in tandem with Nikkei
USD/JPY met fresh supply just ahead of hourly 200-SMA at 123.02 and dropped sharply to fresh session lows near 122.80 region as risk-off moods persist, despite better than expected Chinese CPI data. USD/JPY eyes Tuesday’s low Currently, the USD/JPY pair trades -0...
sathish kumar
Published post ROBOFOREX: Results of "World of Trading 2015" exhibition in Frankfurt am Main
This autumn, RoboForex (CY) Ltd participated in "World of Trading 2015", an international forum, which took place at the end of November in Frankfurt am Main, Germany...
sathish kumar
EUR GBP, “Euro vs Great Britain Pound” we can see at the H1 chart, the current correction towards the retracement of 50% may yet continue. It’s highly likely that on Tuesday the pair may reach a new local low. Later, the market may continue its ascending movement to reach upside targets...
sathish kumar
EUR GBP, “Euro vs Great Britain Pound” Europound is also being corrected. The closest target is the group of fibo-levels at 0.7295. Possibly, the market may resume moving towards its upside targets very soon...
sathish kumar
we can see at the H1 chart, the current correction may continue towards the retracement of 50%. However, if the price rebounds from this retracement upwards, it may resume its ascending movement towards upside targets...
sathish kumar
EUR USD, “Euro vs US Dollar” In case of Eurodollar, the local correction continues. Later, the pair may resume growing with the closest target at the group of fibo-levels near the retracement of 50%. If this level is broken, the market may continue its growth towards the retracement of 61.8...
sathish kumar
Published post Rise in Chinese CPI temporary due to seasonal factors?
As noted earlier, the uptick in price pressures was mainly driven by the health care, personal activities and transportation sector...
sathish kumar
Published post AUD/JPY tests 89 handle on China CPI
The Australian dollar reversed a part of previous losses and edged higher against its Japanese counterpart this session, driving AUD/JPY to fresh session highs just a hair-line short of 89 handle. AUD/JPY rises from 88.50 levels Currently, the AUD/JPY pair rises 0.21% to 88...