WEEKLY TRADING COMMENTARIES FOR 22ND JULY- 26TH JULY.
Home / Commentary / WEEKLY TRADING COMMENTARIES FOR 22ND JULY- 26TH JULY.
WEEKLY TRADING COMMENTARIES FOR 22ND JULY- 26TH JULY.

AUD/USD
Analysis Framework - Market Condition , Level , Confluence and Signal .

StrategiesPrice Actions Trading
AUD/USD -Market Condition- Short term Bearish Rally  - The pairs has been in a major bullish trend for a long time , rally up to 0.67920 resistance region..
Key Level/Support & Resistance-  Support has turned to resistance after a bearish move away from 0.67920 region .
Price ActionPin Bar formed just below the key support - 0.6703
Anticipation- We are anticipating a short term bearish rally to the key support region between 0.66314-0.65778 zone.

EUR/GBP
Analysis Framework - Market Condition , Level , Confluence and Signal .

StrategiesPrice Actions Trading
EUR/GBP market Condition- Bearish trend has been established for some months now, the market is in a correctional mode now after forming a bullish reversal bar at key support area, 0.83993
Key Level/Support & Resistance-  0.83993, .0.84907,
Price Action- Pin Bar formed just below the key support - 0.83993, also bearish reversal pinbar was also formed on friday last week.We consider this as a bearish trap.
Anticipation- We are anticipating a short term bullish rally. to 0.84907 resistance area, where will can look out for a bearish signal to continue the bearish trend.

NZD/USD
Analysis Framework - Market Condition , Level , Confluence and Signal .

Strategies- Price Actions Trading
NZD/USD market Condition- Short term Bearish Rally  - The pairs has been in a bullish trend .recently.. A short term bearish is under way with the formation of bearish pinbar at a key resistance area, 0.60807
Key Level/Support & Resistance-  0.59490, .0.60807,
Price ActionPin Bar formed just below the key support - 0.59490.
Anticipation- We are anticipating a short term bearish rally. into key suppoer zone area 0.59490.

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