Technical Analysis: - AUD/USD extends weakness for the 4th straight session - GMMA indicator shows major and minor tend are bearish - MACD is on verge of bearish crossover on signal line - ADX supports downside, momentum is bearish, RSI is below 50
GBPJPY showed a follow-through selling after a massive sell-off on Friday. Break into cloud and slips 55-EMA holding below short term (200 EMA)
Gold price lost its shine on upbeat US inflation data. Technical: The near–term support is around $1850, The yellow metal faces strong resistance of $1880, any breach above will take it to the next level$1900
XAUUSD is seeking to rise back above RSI support after bouncing off a couple trend support points.
EURUSD trades lower after upbeat US NFP Intraday trend – Bearish Intraday resistance- 1.0780 good to sell on rallies
Gold hits one week high as the US dollar slumps after mixed economic data. The near–term support is around $1850 The yellow metal faces strong resistance of $18750, any breach above will take to the next level $1880
AUD/JPY is consolidating cloud breakout, outlook remains bullish. Scope for refreshing yearly highs above 95.74.
USD/JPY extends range trade, cautious mood prevails ahead of US jobs report The pair is extending rangebound trade for the second straight session, caution prevails ahead of US NFP data.
WTI on track for further downside. Bears eye cloud support at 109.23. WTI remains on the back foot for the third consecutive session, OPEC meeting in focus
Gold lost its shine due to a minor pullback in the US dollar. Technical: The near–term support is around $1830, The yellow metal faces strong resistance of $1860
Gold lost its shine due to a minor pullback in the US dollar. Technical: The yellow metal faces strong resistance of $1860/1870 The near–term support is around $1830,
USD/JPY bounces off 50-DMA support, breaks above 20-DMA USD/JPY trades with a bullish bias. Scope for break above 130 handle.
Gold lost its shine due to a minor pullback in the US dollar. Technical: The near–term support is around $1830, a breach below targets $1819
Gold Price broke channel and reached resistance zone . Gold can bounce after that and start making new downtrend.
Edges above 21-EMA The pair is extending gains for the third consecutive session as price bounces off 50-DMA support.
Euro remains bid ahead of German CPI data Holds strong support at daily cloud Momentum is bullish, volatility is high
USD/JPY drifts sideways, holds 50-DMA support Price action is holding support at 50-DMA, breach below will plummet prices. Dip till daily cloud likely.
CADJPY continues to trade higher on the strong Canadian dollar. The immediate resistance is at 101.20,