Technical: The near–term support is around $1835, a breach below targets $1820
AUD/NZD slips below 21-EMA, on track to test daily cloud Momentum is bearish, Stochs and RSI are biased lower, RSI is below 50 mark
The pair gained after a sell-off below 1.04000. Euro lost its shine after the US fed hiked rates by 75bpbs, Technical- Any breach below 1.04700 confirms a bearish continuation; a dip to 1.03400 is possible.
GBPJPY surged sharply and gained more than 500 pips on a sharp u-turn in the Japanese yen. The near-term support is around 163.90, Technically in the 4-hour chart, the pair is holding above short term (21- and 55 EMA)
Gold regained above $1850 on the weak US dollar. Technical: The near–term support is around $1835 The yellow metal faces strong resistance of $1860
The pair has slipped below 23.6% Fib retracement and has slipped below 21-EMA Stochs and RSI are sharply lower
AUD/JPY trades with a bearish bias. cloud is offering strong support. Break below will see more weakness. Next major bear target lies at 38.2% Fib at 89.65
GBPJPY trades lower on the weak Pound sterling. The near-term resistance is around 163.10,
Gold price reacted positively despite hawkish Fed monetary policy. Technical: The near–term support is around $1800, The yellow metal faces strong resistance of $1850,
Possibility of a bounce up in Gold from this level if the support does not break I will wait for another opportunity and I believe during the FOMC meeting, we might get a quick dip below 1800 in Gold.
EUR/GBP trades with a bullish bias. 'Golden Cross' (Bullish 50-DMA crossover on 200-DMA) adds to the upside bias. The pair has erased some of the previous session's gains, finds rejection at 200-week MA.
pair has bounced off 50-DMA and cloud top support, AUD/JPY finds strong support at 50-DMA and cloud top, but bullish reversal only on decisive break above 5-DMA
AUD/USD snaps 5-day bearish streak, upbeat China data supports Aussie Technical indicators still favour downside in the pair. Oversold oscillators may cause some pullbacks, but upside is likely to be limited.
AUD/JPY erases early gains, slips below 21-EMA Technical indicators are bearish. Price action has slipped below 21-EMA and is holding support at 20-DMA and daily cloud.
Gold price fell drastically on board-based US dollar buying. Technical: The near–term support is around $1800, The yellow metal faces strong resistance of $1837
BTCUSD continues to trade weak and hits an 18-month low at $20816 Technicals- Major support- $22284 (200- W MA). Any weekly close will bring an end to the bullish trend, Primary supply zone -$23850. The breach above confirms minor bullishness. A jump to the next level of $24850
Scope Weekly Cloud Test Edged below 55-EMA 21-EMA Major Resistance
Technical Analysis: Bias Bearish Recovery attempts in the pair have been capped at 5-DMA which is trending lower Price action has slipped below 200H MA and GMMA indicator shows major and minor trend are bearis