In the last week, the market has been flat trading in the range of QAR 13350-12750, Where Real Estate sector has been dropped by 8.7%. looking into weekly time frame chart we have seen Symmetrical triangle formation. we may see slightly downside movement in #QE Index, As of now QAR12500 and QAR 12000 could be the initial supports for #Qatar Index. we have also...
SILVER 4 HR- SHORT DESCENDING TRIANGLE
GBPUSD SHORT ON 4 HR TL BREAKOUT.
Gold looking bearish on an hourly and daily technical chart. short can be possible below 1290, Target 1280/1270 with the Stop Loss of 1300.
CRUDE OIL Daily- From the last couple of months crude oil trading in a parallel channel and now it's consolidating in the range of $55-57.85. if price manages to sustain above initial resistance level 57.85 then we expect upside movement in it. 60 and 64 can be seen in the coming days. Open to discuss here. we believe that discussion will bring more informative...
EURUSD looking bearish on a chart. Since the start of the year, EURUSD trading in the downslop channel. further downside movement is expected in it.
EURUSD 4 HR LONG PENNANT BREAKOUT
Dear Traders, Gold seems to be bearish as it has a forming head and shoulders pattern although it has not given a neckline breakout. also its forming symmetrical triangle. we expect downside movement in it.
Selling can be observed around 63.50-64 with the SL of 67 TP1 59 AND TP2 56
USDCAD 1 HR- Looking bullish on a chart. Double bottom formation.
GBPUSD 4HR, Looking bearish on the chart. Formed bearish flag pattern and trend line breakout.
GOLD SEEMS TO BE BEARISH BELOW INITIAL SUPPORT LEVEL 1285. ITS ALSO FORMED HNS PATTERN.
SILVER LOOKING BEARISH IN DAILY CHART. TREND LINE BREAKOUT AND STILL CONSOLIDATING BELOW TREND LINE. FURTHER DOWNSIDE MOVEMENT EXPECTED IN IT.
USDCHF 30 MIN- SEEMS BULLISH WITH GARTLEY PATTERN Critics are most welcome! thanks
GBPUSD-1 HR- Short, Expected to form the bullish Gartley pattern
EURUSD 4 HR- LONG OPPORTUNITIES ON BULLISH AB=CD PATTERN We can look for buying opportunities in it from D Points Target will be C and A Points.
USDCAD- 1 HR CHART LOOKING BULLISH, FROM THE LAST COUPLE OF DAYS ITS HAS SHOWN BULLISH MOVEMENT. WE CAN SEE BUYING OPPORTUNITIES WITH PENNANT BREAKOUT.
We have seen sharp dropdown rely from its peak level i.e. 1346. and it took support at 1280. from its support level its took bit, selling presser is still in it. further downside movement is expected in it if the price is maintained to trade below 1300