Goldsignal75

Goldsignal75

Gold making cup and handle pattern Bounce off 200-EMA Support and if any breakout trendline more uptrend

Goldsignal75

The gold price pared some of its gains after upbeat US jobs data. The near–term support is around $1760 faces minor resistance around $1800,

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The gold price gained more than $15 after the US ISM manufacturing PMI report. Technical: The near–term support is around $1760 next level of $1790

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AUD/JPY plunges below daily cloud, RBA 50 bps rate hike fails to impress AUD/JPY has plunged below daily cloud and technical bias remains strongly bearish. Scope for further weakness.

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Gold bounce off 200-MA resistance and testing flag channel top if breakout channel more up trend

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EURJPY inches closer towards 200-DMA, weaker German Retail sales data dent euro The pair extends weakness below 110-EMA, edges closer towards 200-DMA.

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Mixed PMIs and US-China tussles probe buyers in the pair which is likely extending sideways grind above 55-EMA support. Break below 55-EMA will drag the pair lower. Resumption os upside will see test of cloud base resistance.

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Technical: The near–term support is around $1750, a breach below targets $1720/$1700/$1680.Significant reversal only below $1600. The yellow metal faces minor resistance around $1770, breach above will take it to the next level of $1790/$1803.

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USD/JPY slumps to 6-week low, dismal US GDP data stokes recession fears Technical Analysis: USD/JPY slips lower for the 3rd straight session, hits 6-week low Price action has broken below 55-EMA support and is on track for further downside

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EURUSD recovered more than 100 pips from a low of 1.00965 after Fed monetary policy. Markets eye US GDP data today for direction.

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GBPJPY pared most of its gains made yesterday after the Fed monetary policy pair is holding below short-term 21-EMA, above 55 EMA, and long-term 200 EMA (164.17)

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USDJPY slumps to hit 3-week low, Fed's consecutive 75 bps rate hike fails to impress USD bulls, Technical Analysis: USD/JPY slumps below 21-EMA, eyes 55-EMA support at 133.84 Stochs and RSI is strongly bearish, RSI is well below 50

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Gold gains after dovish Fed, good to buy on dips Gold price gained more than $15 after Fed monetary policy. Technical: The near–term support is around $1720 resistance around $1740,

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Focus now on the FOMC policy meeting and stoch momentum show bullish

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The pair has paused downside at cloud base support, weakness only on break below EURJPY pivotal at cloud base support. Break below will see extension of downside

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Gold price trades flat ahead of Fed monetary policy. Markets anticipate a 75 bpbs rate hike and any surprise of a 100 basis point hike will drag the yellow metal further down. Technical: The near–term support is around $1680 resistance around $1740

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Gold price traded in a narrow range between $1739.25 and $1715 for the past three days. Technical: The yellow metal faces minor resistance around $1740, The near–term support is around $1680,

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The pair showed a nice pullback despite weak German IFO data. The immediate resistance to be watched is 1.0300;