Goldsignal75

Goldsignal75

The EURJPY was on a bullish trend. Along the ascending support line however the pair soon broke through the rising support and we are seeing a reversal also a potentioal retest of the supply cluster ABOVE Where a bearish move below is most likely to occur

Goldsignal75

AUD/NZD has snapped downside of two days and is poised for upside resumption. Close above channel top will support further gains in the pair. Next major hurdle lies at 110-month EMA at 1.0893.

Goldsignal75

Gold is trading flat for the second consecutive day after hitting a high of $1949. Technical: The near–term support is around $1926, violation below targets $1918/$1910/$1895/$1877/$1850/$1800. Significant reversal only below $1750.The yellow metal faces strong resistance of $1950, any breach above will take to the next level $1977/$2000/$2020. It is good to...

Goldsignal75

The pair snapped a three day bearish streak and edged higher to retrace dip below 200H MA. Technical bias for the pair is bullish. Pullbacks on account of overbought conditions are likely to be shallow.

Goldsignal75

On the lower side, immediate support is around 159, any breach below will drag the pair to the next level to 158/157.75. TP of 158.

Goldsignal75

Technical: The near–term support is around $1918, violation below targets $1910/$1895/$1877/$1850/$1800. Significant reversal only below $1750.The yellow metal faces strong resistance of $1940, any breach above will take to the next level $1977/$2000/$2020. It is good to sell on rallies around $1928-30 with SL around $1950 for TP of $1850.

Goldsignal75

BTCUSD breaks significant resistance at $45800 and hits a multi-week high on upbeat market sentiment. Primary supply zone -$50000. The breach above confirms minor bullishness. A jump to the next level of $52000/$55000 is possible. TP of $52000.

Goldsignal75

AUD/NZD breaks above channel top, outlook bullish AUD/NZD trades with a bullish bias. Scope for test of 1.0895. Bullish invalidation only on retrace below channel top.

Goldsignal75

Technical: The immediate resistance is around 162, any break above targets 163.80/165. On the lower side, near-term support is at 159.85. Any indicative violation below targets 158/157.75. It is good to buy on dips around 160 with SL around 158.50 for a TP of 164.

Goldsignal75

Technical bias is also strongly bullish. Scope for test of 125.85 (2015 high). 5-DMA is immediate support at 121.89. Minor weakness on break below. The offer follows the first round of offers by the BOJ which failed to find any bids, propelling the 10-year Japanese yield to 0.25%. Rising covid concerns in Germany and China along with rising tensions between the...

Goldsignal75

AUD/USD is trading with a bullish bias. Price action has edged above the weekly cloud, raising scope for further gains. The pair is on track to test 110-month EMA at 0.7632.

Goldsignal75

Technical: The near–term support is around $1940, violation below targets $1922/$1910/$1895/$1877/$1850/$1800. Significant reversal only below $1750.The yellow metal faces strong resistance of $1965, any breach above will take to the next level $1977/$2000/$2020. It is good to sell on rallies around $1949-50 with SL around $1966 for TP of $1900.

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GOLD pull back after test 50% Fib visit the old post mention on chat

Goldsignal75

Gold gained above $1950 on rising crude oil prices. Technical: The near–term support is around $1934, violation below targets $1918/$1910/$1895/$1877/$1850/$1800. Significant reversal only below $1750.The yellow metal faces strong resistance of $1950, any violation above will take to the next level $1960/$1977/$2000/$2020. It is good to buy on dips around...

Goldsignal75

GBPJPY was one of the best performers this week and surged more than 400 pips on weak yen. The pound sterling regains 1.3200 and markets eye UK retail sales for further direction. Any breach above 1.3300 confirms further bullishness. The intraday trend of GBPJPY is bullish as long as support 159 holds.

Goldsignal75

USD/JPY cools off from multi-year highs, bias remains bullish. Retrace below 200H MA will see more weakness. Major Support Levels: S1: 121.03 (5-DMA) S2: 120 S3: 119.65 (200H MA) Major Resistance Levels: R1: 122 R2: 122.47 (Upper BB) R3: 123.67 (Dec 2016 high)

Goldsignal75

AUD/JPY has tested levels unseen since August 2015. Technical indicators are biased higher, scope for continuation of the bullish run. Next major bull target lies at 76.4% Fib retracement at 94.68. Price action has spiked past 200-month MA raising scope for further gains The pair has broken above 61.8% Fib retracement at 88.02 Stochs and RSI are sharply...

Goldsignal75

Technical: The near–term support is around $1930, violation below targets $1910/$1895/$1877/$1850/$1800. Significant reversal only below $1750.The yellow metal faces strong resistance of $1950, any violation above will take to the next level $1960/$1977/$2000/$2020. It is good to buy on dips around $1950 with SL around $1895 for TP of $2000.