Some of my forecasts

[4xpipcounter]

Indian market S&R's--1211

Rel Ind--M 938.66 867.15 824.08 737.92 694.85 -623.34
SBI--M 2157.50 1969.96 1856.98 1631.02 1518.04 -1330.50
Tata Steel-M 495.77 444.17 413.08 350.92 319.83 -268.23

 

[4xpipcounter]

SJD, I'm a little concerned.

I would still be able to furnish the S&R's, similar to what I do with the other 3, but OTT, that is it.
I was thinking of opening a live account with XTD, but then that would be spreading me too thin. In other words, too many accounts.

Ouch !! What all you need to do to help Nifty friends !!

 

[LivetoTrade]

Isn't the XTB Demo limited to 30 days? Atleast my demo account was restricted to 30 days.

 

[4xpipcounter]

Someone asked me for the kiwi, among other currency pairs. I should be bale to get to them, but these fingers are moving fast.

Okay, LTT. I don't think we are looking at anymore pullbacks. I think a strong enough base has been formed. The euro right now looks really strong against many currencies.
Posted is the daily chart. The 4-hour TL was taken out yesterday, and even though I could be wrong, this appears to be a broad constructive correction, which means we could head up to 1.3811 before the TL gets corrected. In essence, this could mean some strong one-way moves.
It appears by looking at the daily, we have a clear shot at the bottom of the cloud, 1.3811.

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For that move upto 1.38xx to happen, should we expect the pair to come back near 1.33 levels?
Or will the strength continue from current levels - 1.34xx?

Is this visible through charts? If yes, what time frame do we see to understand this?

 

[4xpipcounter]

Nzd/usd

All requests are coming up.

This pair should be headed even higher today. It looks like it has a clear shot at the DR1 at .7871, and then the DR2 at .7938. Solid R will wait at the bottom of the daily cloud/ TL combo at .7956. The u-turn could be sharp.

 

[4xpipcounter]

Eur/aud

There is potential for a drop to 1.2980. That may not happen as we are due to reverse. The reversal is looking at the 4-hour kijun at 1.3407, and possibly the bottom of the cloud at 1.3480. For now, I'm treating that as a decision point.

 

[LivetoTrade]

Re: Nzd/usd

All requests are coming up.

This pair should be headed even higher today. It looks like it has a clear shot at the DR1 at .7871, and then the DR2 at .7938. Solid R will wait at the bottom of the daily cloud/ TL combo at .7956. The u-turn could be sharp.

The Eur/Nzd has been going lower for sometime now.
COuld you please suggest.

 

[4xpipcounter]

Eur/nzd

This pair could still head a little further south as 1.7167 should contain. Minimum expectation to the upside is the 4-hour kijun at 1.7608, and possibly the bottom of the cloud at 1.7779. If we get that high, then it would be treated as a decision point.

 

[4xpipcounter]

Re: Nzd/usd

What a coincidence! I must have been writing the report on it right after you posted your question.

The Eur/Nzd has been going lower for sometime now.
COuld you please suggest.

 

[LivetoTrade]

Re: Nzd/usd

What a coincidence! I must have been writing the report on it right after you posted your question.

I noticed that it was time that the pair returned to the north, but wanted an expert opinion from you before I entered.

Thank you.