GBPUSD make cup and handle pattern and down trend channel GBPUSD new lower low if trade below green trendline
Gold bearish and near term resistance 1720 and support 1700 RSI momentum strong bearish
Gold Repeat down channel and soon testing buy zone 1680 Gold Trade below daily cloud
Markets eye US CB Consumer confidence and JOLTS job opening for further direction. Gold price showed a minor pullback on US dollar weakness. Technical: The near–term support is around $1720, resistance around $1760,
EUR/CHF capped at 21-EMA, decisive break above required for further upside EUR/CHF pivotal at 21-EMA, watch out for decisive break above for more upside.
USD/JPY extends bounce off daily cloud, dollar gains after Powell's hawkish comments The major has retraced most of the previous months' losses and is on track to close the month with over 4% gains.
Gold price lost its shine after the hawkish stance from Fed chairman Powell. According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep rose to 70.5% from 55% a week ago. Technical: The near–term support is around $1710, resistance around $1760
Gold price starts a pullback back to the support zone after a false break of the resistance at 1752. We got changed in the 1733 zone. If break down support cup and handle further downward
Gold rejected 21-EMA breakout and cloud base resistance RSI sharply break down at 50 mark momentum is strong bearish
Gold price declined slightly after hitting a high of $1765. US dollar index formed a double bottom around 108 The near–term support is around $1730, resistance around $1760
Gold 4H time frame hold above 21-EMA support and Stoch momentum is bullish and RSi 50 mark above
NZD/USD capped at 50-DMA, break above could see more upside. Stochs are at oversold, scope for bullish rollover
The pair has broken above 21-EMA raising scope for further upside. Watch out for break above daily cloud for further gains.
Gold price regained above $1750 as the US dollar slipped. The near–term support is around $1740, resistance around $1770,
Gold making small cup pattern The possible scenario can be a retracement until the 21 EMA and using this last one like a Dynamic resistance before the price continues to follow the Main trend.
GBPJPY consolidating in a narrow range between 163.56 and 160.80 If break down triangle further down trend
Gold price correcting from minor top $1802.57 on strong US dollar.
Recovery attempts in the pair on Tuesday were capped at 21-EMA resistance Momentum is with the bears, RSI is below the 50 mark and biased lower Price action is within the daily cloud and Chikou span is biased lower The pair is currently holding support at 5-DMA