Goldsignal75

Goldsignal75

Technical: The near–term support is around $1910, violation below targets $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. Buy on dips around $1920-21 with SL around $1895 for TP of $2000.

Goldsignal75

USD/JPY opens the week on a bullish note, extends gains above 119 handle USD/JPY poised for further gains, break above 120 levels likely

Goldsignal75

Gold showed a minor pullback on Russia and Ukraine tension. Ukraine has rejected Russia's demand to surrender port city Mariupol. Technical: The near–term support is around $1918, violation below targets $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...

Goldsignal75

GBPJPY regained above 154 on weak yen. The minor pullback in Pound sterling also supports the pair at lower levels. Any breach above 1.3050 confirms further bullishness.

Goldsignal75

Gold continues to trade lower on de-escalation of tension between Russia and Ukraine. Markets await Fed monetary policy this week for further direction. Any 50 basis point rate hike will pull yellow metal don below $1900. Technical: The near–term support is around $1960, violation below targets $1925/$1900. Significant reversal only below $1875.The yellow metal...

Goldsignal75

Technical indicators for the pair remains strongly bullish. The pair is poised to break above 118 handle. Next major bull target lies at 118.66 (Dec 2016 high). On the flipside, daily cloud is strong support, weakness only on break below. The major is extending bullish streak for the sixth straight session and has refreshed multi-year highs. Russia's attack on a...

Goldsignal75

MACD confirms a bullish crossover on signal line and momentum is also with the bulls, raising scope for further upside. Price action hovers around 88.6% Fib retracement at 116.66, bulls eyes upper month BB at 117.94. Bullish invalidation only below 55-EMA. Technical analysis for the pair supports a bullish stance. Price action has broken major trendline resistance

Goldsignal75

Gold lost nearly $100 from its record high at $2070 on easing geopolitical tension. The market mood remains upbeat as Ukraine said that he is no longer insisting NATO on membership. Markets eye US CPI for further direction. The surge in the US treasury put pressure on the yellow metals at higher levels. Technical The near–term support is around $1960, violation...

Goldsignal75

USD/JPY extends gains amid improving market risk, eyes trendline resistance at 116.35 The pair is extending bounce off 55-EMA and daily cloud support, rises for the 3rd straight session Price action is above the daily cloud, Chikou span is biased higher Momentum is strongly bullish, Stochs and RSI are biased higher USD/JPY trades with a bullish bias. Scope for...

Goldsignal75

EURUSD trades above Tenken-sen (1.09019) and below Kijun-Sen (1.09638). Technical- Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible. The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180. Indicators 41-hour) Directional movement index –Bearish CCI (50) – Bearish

Goldsignal75

The pair gained above 0.9250 onboard based on US dollar buying. The escalation of Russia and Ukraine has increased demand for safe-haven assets like the US dollar. The minor pullback in the US treasury also supported the pair at lower levels. Bullish scenario- The primary levels to Watch – 0.9300. Any convincing surge above confirms intraday bullishness. A jump...

Goldsignal75

CCI Analysis- The CCI (50) and Woodies CCI below zero level in Woodies CCI in the 4 -hour chart. It confirms the bearish trend. Technical: The immediate resistance is around 152, any break above targets 152.25/152.75/153.35/154. Significant bullish continuation if it breaks 155.30. On the lower side, near-term support is at 151. Any indicative violation below...

Goldsignal75

NZD/USD extends weakness, falters at 200-DMA resistance The pair is struggling to extend break above daily cloud, finds stiff resistance at 200-DMA. Price action is slipping lower for the 2nd consecutive session, has formed a Doji on the daily candle for now.

Goldsignal75

AUD/USD close below 200-DMA will see dip till next major support at 110-EMA at 0.7242. Bounce off 200-DMA will see upside resumption. Technical bias for the pair remains bullish. Major moving averages are trending higher. That said, RSI and Stochs are showing a bearish rollover from overbought levels, raising scope for some weakness. DISCLAIMER: ((trade based...

Goldsignal75

Technical indicators remain bearish. However, oversold oscillators raises scope for some pullbacks EUR/JPY has formed a Spinning Top on the daily candle, suggesting indecision among traders. The pair is set to remains choppy at current levels as we head into the ECB meeting. Geopolitical developments are set to remain in the driving force. DISCLAIMER: ((trade...

Goldsignal75

GBPJPY regained above 155 on the strong pound sterling. GBPUSD surged more than 100 pips from a minor bottom 1.32714 despite the cautious market mood. Markets eye Russia and Ukraine peace talks for further direction. The intraday trend of GBPJPY is bullish as long as support 154 holds. DISCLAIMER: ((trade based on your own decision )) <>

Goldsignal75

Gold regained sharply above $1900 on geopolitical tension. Russia's invasion of Ukraine continued for the seventh consecutive day and a huge Russian 40-mile convoy heading to Kyiv. It has increased demand for safe-haven assets like Gold. The bearish US treasury yield supports yellow metal at lower levels. The jump in the US dollar index weighed on yellow metal...

Goldsignal75

Gold made a U-turn from a 17-month high on the strong US dollar. The yellow metal was one of the best performers of this week and surged $75 on an escalation of geopolitical tension between Russia and Ukraine. US 10-year yield regained sharply after hitting a two-week low. The US grew by 7% in the fourth quarter in line with estimates compared to 6.9% previous...