- Search Energy EXCH
- 413 Results (412 Replies, 1 Comments)
- HareshBM replied May 19, 2015
Here it goes... EURUSD breaks below the lower trend-line support of a short-term ascending trend-channel. Could immediately drop to test 1.1150 support area, below which might extend the fall towards the very important support near 1.1050 area.
EURUSD
- HareshBM replied May 13, 2015
Once again does the trick of rebounding sharply from trend-line support. Would now be prudent to see if managed to hold 0.7420 on daily candle to confirm a move towards 0.7550 resistance, 100-day SMA.
NZD/USD
- HareshBM replied May 13, 2015
Should the current corrective move gets extended towards 186.00 mark, it could provide an opportunity to enter fresh long trade for a possible break-out above 188.00 mark for an upside target of 192.00. Will be prudent to place SL should it ...
Dragon Riders GBP/JPY
- HareshBM replied May 13, 2015
The current GBPUSD profit taking move triggered by BOE's QIF could get extended towards 1.5560-50 strong support, should the pair fail to hold 1.5620...
Cable Update (GBPUSD)
- HareshBM replied May 13, 2015
Awaiting a break below 1.1200 mark to witness immediate down-slide to 1.1140 important support, which also happens to be the neck-line support of a possible bearish Head and Shoulder formation on 4-hourly chart. Will add to short-positions, once the ...
EURUSD
- HareshBM replied May 13, 2015
Sorry for not displaying the time-frame... It is indeed 4-hour chart...
EURUSD
- HareshBM replied May 12, 2015
Major pull-back towards 1.5350 gets triggered only if the pair drops back below 1.5550. Till then seems to make an attempt to test 1.5800 mark resistance in a day or two...


Cable Update (GBPUSD)
- HareshBM replied May 12, 2015
As was expected, cleared 187.50 resistance and now is the time to table some profits...

Dragon Riders GBP/JPY
- HareshBM replied May 12, 2015
Until EURUSD continues trading below 1.1300 level, I would be looking for opportunities to initiate fresh shorts. Would be aggressively adding to the short position once it breaks below yesterday's low support near 1.1140-30 area. The pair could ...
EURUSD
- HareshBM replied May 12, 2015
NZDUSD confirms break below a short-term ascending trend-channel and now seems vulnerable to retest recent closing lows support near 0.7260-50 area. Would turn cautious only once it moves back above 0.7400 mark support break point.
NZD/USD
- HareshBM replied May 11, 2015
Waiting for a break below day's low for momentum short trade for a possible drop to 1.1060-50 support area.
EURUSD
- HareshBM replied May 11, 2015
GBPJPY seems to have give a strong break-out and follow through momentum above 185.00 mark and now clearly seems to be headed towards its next resistance near 187.50 area.
Dragon Riders GBP/JPY
- HareshBM replied May 11, 2015
Although seems to have confirmed a break below a short-term ascending trend-channel but caution is warranted if in case reverses from 0.7315-10 support area...NZD/USD
- HareshBM replied May 11, 2015
What would be of greater importance for further GBP moves is Wednesday's quarterly inflation report accompanied with labor market reports...
EURUSD
- HareshBM replied May 8, 2015
Exactly the way it was anticipated... NZDUSD might remain weak towards testing sub-0.7400 support area, marked by the lower trend-line support of a short-term ascending trend-channel.
NZD/USD
- HareshBM replied May 8, 2015
After a small spike, EURUSD drops back below 100-day SMA... Seems likely it could be heading back towards testing 1.1130 support area...


EURUSD
- HareshBM replied May 6, 2015
Dismal employment figures forces NZDUSD to reverse Tuesday's gains from 100-day SMA resistance. The pair now seems vulnerable to continue drifting lower to test sub-0.7400 mark support, representing the lower trend-line support of a short-term ...
NZD/USD
- HareshBM replied May 6, 2015
This was expected... Now wait for Services PMI release for further direction...
Cable Update (GBPUSD)
- HareshBM replied May 6, 2015
In fact, a move back above 1.5200 was not expected. Hence, higher possibilities of a reversal back below 1.5150 level, possibly to 1.5120.
Cable Update (GBPUSD)
- HareshBM replied May 5, 2015
Expecting it to drop to test 1.5060-50 support area immediately after the release of Construction PMI data.
Cable Update (GBPUSD)