HAI, I AM TRADER. I HOPE YOU ALL DOING WELL.
I USE FIBONACCI RETRACEMENT, SUPPORT AND RESISTANCE
I USE FIBONACCI RETRACEMENT, SUPPORT AND RESISTANCE
sathish kumar
EUR USD, “Euro vs US Dollar” As we can see at the H1 chart, the predicted target of the current correction has been confirmed by local retracements. If the price breaks Moving Average (period 34), which provided support earlier, the market will resume its descending movement...
71
sathish kumar
Published post Forex economic events 11.12.2015
11.12.2015 05:00FDI - Foreign Direct Investment (YTD) (YoY) (November) Currency: CNY, Importance: Medium...
54
sathish kumar
NZD USD, “New Zealand Dollar vs US Dollar” New Zealand Dollar has rebounded from the 7/8 level twice, which means that it may resume moving downwards. Possibly, on Thursday the pair may try to break Super Trends and stay below them. If it happens, I’ll increase my short position...
70
sathish kumar
EUR USD, “Euro vs US Dollar” The lines at the H4 and H1 charts are completely the same. it’s highly likely that on Thursday Super Trends may form “bearish cross”. The closest target is at the 0/8 level. If Eurodollar breaks this level, the price may fall much deeper...
91
sathish kumar
EUR USD, “Euro vs US Dollar” Eurodollar has rebounded from the 2/8 level twice, which means that it may resume moving downwards. If the price is able to stay under the H4 Super Trend, the market will start another decline...
92
sathish kumar
EURUSD AFTER STRONG UPTREND,PAIR LIKE FOUND HORIZONTAL SUPPORT @ 1.0912 WHICH IS OLD RESISTANCE...
56
sathish kumar
WEEKLY CHART:USDCAD BROKEN 61.8 LEVEL 1.3472, PRICE HOLDING ABOVE 1.3472 FACING STRONG RESISTANCE AROUND 1.38270 LOWER TIME FRAME LOOKING OVERBOUGHT...
· 2
294
sathish kumar
Published post Gold trades below hourly 50-MA
Gold prices trade below the hourly 50-MA located at USD 1074.83/Oz levels as the USD index witnessed moderate strength. Rejected at 5-DMA Prices were rejected at 5-DMA located at USD 1075.77/Oz levels as the bid tone around the USD gathered pace in Asia and continues to strengthen in Europe...
58
sathish kumar
Published post EUR/CHF around 1.0840 ahead of SNB
The Swiss franc is posting meagre gains vs. its European peer on Thursday, taking EUR/CHF to the 1.0840 area...
72
sathish kumar
Published post EUR/USD drops below 1.10, Euro Stoxx futures up 0.20%
The bid tone on the USD gained traction in early Europe, pushing the EUR/USD pair to a low of 1.0987 levels as the Euro Stoxx 50 futures trade firmer. Rejected at 200-DMA The spot failed to sustain above 200-DMA at 1...
58
sathish kumar
Published post FX option expiries for today's NY cut
FX option expiries for today's NY cut at 10am, via DTCC, can be found below. - EUR/USD: 1.0675(E1.88bn), 1.0750-60(E1.449bn), 1.0800(E898mn), 1.0825(E422mn), 1.0900(E1.1mn), 1.0975-90(E1.46bn), 1.1000(E2.37bn) - USD/JPY: 120.00-15($864mn), 120.25($300mn), 121.00($711mn), 122.00-15($1.13bn), 122...
105
sathish kumar
Published post EUR/JPY wavers around hourly 100-SMA
The EUR/JPY cross extends its choppy trend into the European morning and remains capped below 134 handle in recent dealings amid broad based US dollar comeback. EUR/JPY fails once again near 100-DMA Currently, the EUR/JPY pair trades modestly flat at 133...
49
sathish kumar
Published post GBP/USD offered near 1.52, awaits UK data, BOE decision
The bid tone on the USD recovered in Asia, leading to a drop in the GBP/USD from the high of 1.5196 ahead of the UK trade balance data and BOE rate decision. Back below key Fib At 1.5175, the pair is trading below 1.5185 (23.6% Of July 2014-April 2015 plunge...
32
sathish kumar
Published post Turkey: Q3 GDP data likely to show deceleration below the 2.7% mark - TDS
Research Team at TDS, suggests that today’s highlight is the Turkey’s Q3 GDP data that is likely to show a deceleration from 3.8% Y/Y recorded in Q2. Key Quotes “On a sequential basis, the consensus looks for 1...
46
sathish kumar
Published post EUR/GBP grinds lower towards 0.7240
The offered tone around the shared currency is helping EUR/GBP to test session lows in the 0.7245/40 band so far. EUR/GBP eyes on UK’s ‘Super Thursday’ After climbing as high as 0.7280 earlier in the week, the European cross has deflated to the current 0...
72
sathish kumar
sathish kumar
Published post Risks remain skewed to the downside for oil prices – Goldman Sachs
Research Team at Goldman Sachs, suggests that downside risk for oil remains our top risk. Key Quotes “Like last year, we continue to view downside risk to oil prices as the key risk to our constructive view...
sathish kumar
Published post SNB rate decision preview: What to expect of USD/CHF?
The USD/CHF pair has retraced almost 61.8% of the spike seen from mid-October to November high ahead of the Swiss National Bank rate decision. SNB expected to keep rates unchanged The central bank is widely expected to keep the deposit rate unchanged at -0.75...
59
sathish kumar
Published post SNB Preview: Don’t expect a rate cut - SocGen
Kit Juckes, Research Analyst at Societe Generale, suggests that they don’t expect the SNB to cut rates further this week, because they don’t have to. Key Quotes “With EUR/USD above 1.10 there is no pressure to the downside in EUR/CHF...
31
sathish kumar
Published post Risks remain skewed to the downside for oil prices – Goldman Sachs
Research Team at Goldman Sachs, suggests that downside risk for oil remains our top risk. Key Quotes “Like last year, we continue to view downside risk to oil prices as the key risk to our constructive view...
79