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Monday, 27 January 2020

LME NICKEL: Long Term Bull? 27-Jan-2020


CMP 12699.x; Res: 18840; Sup: 7565
Best Buy zone: 11900-10220
Based on weekly chart, As long as 7565 holds support, we will see big bull move and min tgt 18800.
Targets: 24200, 29300, 34500, 38400.

GOLD: Down move? 27-Jan-2020

4:45 PM IST

CMP: 1585.x
For down move Gold must break the down trend line and 1575.



27-Jan-2020

CMP: 1579.x; Res: 1589/1613; Sup: 1535
If Gold resisted by the above resistances, we can see 1560 first and further 1542-1535.
Below 1535, we will see 1513-1505-1495, 1480-1466 as extension.


Previous Analysis:

https://ewavesjournal.blogspot.com/2020/01/gold-upside-correction-and-fall-26-jan.html
As per this analysis, Gold reached upside normal target.

NZDJPY: Can we see some upside correction? 27-Jan-2020

CMP: 71.51; Sup: 71.21; Res: 73.34

If 71.21/70.89 supports, we can see some upside correction towards 71.9, 72.2, 72.4, 72.6...

GBPJPY: Bull OR Bear 27-Jan-2020

CMP: 142.10; Res: 147.95; Sup: 140.82
If 140.82 supports, we can see 144.6 again and further 145.23-145.86
Break of 140.82 more fall towards 139.81, 137.3

Sunday, 26 January 2020

NZDUSD: Upside Correction? 26-Jan-2020

CMP: 0.6606; Res: 0.6628/0.6755; Sup: 0.6578

Break of 0.6578 more down.

Scenario 1: If 0.6578 supports and a break of 0.6628, we can see 0.6645, 0.6663, 0.6686, 0.6702.
Scenario 2: Reversal from 0.6680-0.6713 and if 0.6755 resists, we can see 0.6578 again and further 0.6507, 0.6470...

Break of 0.6755 next up move as wave 5.

AUDUSD: Bearish Scenario. 26-Jan-2020

CMP: 0.6822; Res: 0.7034/0.7389/0.8134; Sup: 0.6689/78
If 0.6934/0.7034 resists, we can see 0.6750-0.6707, 0.6651-0.6610, 0.6499-0.6413, 0.6267-0.6159...

ETHUSD: 154/163.3. 26-Jan-2020

CMP: 161.65; Res: 163.3; Sup: 154.
As long as 154 supports and a break of 163.3, we can see 165.5-167.6, 171-172.3. Extensions: 174.4, 177.4, 179.9-181.3

Best buy: 159-157.5.