EUR/JPY trades with a bearish bias, the pair is on track to test 38.2% Fib at 136.66.
Gold price showed a gap-down opening on US dollar strength. US dollar index breaks significant resistance at 105.78 Technical: The near–term support is around $1750 The yellow metal faces minor resistance around $1800
USD/JPY extends gains above 5-DMA, outlook bullish Price action has broken above 5-DMA and the pair trades above 200H MA. Chikou span is biased higher.
any breakout 21-EMA to the upside can cause the local resistance trendline if resistance 21-EMA remains valid more below is expected to 1790$.
Major resistance- 1.04650 Near-term support- 1.0400 Trend reversal level- 1.03400 Above (-150): Sell Above (-300): Strong Sell Above 150: Buy Above 300: Strong Buy
GBPJPY showed a minor pullback of more than 150 pips from its Friday's low of 161.56 The near-term resistance is around 164, holding below 21-EMA
Gold price remained above $1800 on recession fears. Technical: The near–term support is around $1800, The yellow metal faces minor resistance around $1821
Technical Analysis: - USD/JPY is extending weakness below 5-DMA - Bearish RSI divergence adds to the downside bias - Price action has slipped below 200H MA and GMMA indicator has turned bearish on the intraday charts
GBPJPY lost more than 100 pips in today's Asian session on a strong yen. Testing 200-MA if break below more downside eyes
Gold remains under pressure due to the strong US dollar, and hits a seven-week low. Technical: The near–term support is around $1800, a breach below targets $1750. The yellow metal faces minor resistance around $1821
Price action below major moving averages NZD/USD trades with a bearish bias. The pair is on track to test fresh yearly low.
Major resistance-106.25 Near-term support-104.80 Trend reversal level- 104
The pair has slipped lower from session highs at 0.6920, outlook remains bearish Momentum is bearish, 'Death Cross' on the daily charts keeps bias lower
GBPJPY lost its shine and declined more than 100 pips on the weak Pound sterling. The near-term resistance is around 167,
Markets eye the final US GDP and Fed Chair Powell's speech for further direction. Gold price continues to trade lower due to the strong US dollar and rising US treasury yields. Technical: The near–term support is around $1815,
Major resistance-106 Near-term support-104.80 Trend reversal level- 104
Gold price lost its shine as risk appetite picked up. Markets eye CB Consumer confidence and Richmond Manufacturing index for further direction. Technical: The near–term support is around $1815, The yellow metal faces minor resistance around $1850,
Technical: The near–term support is around $1815, a breach below targets $1800/$1750. Significant reversal only below $1750. The yellow metal faces minor resistance around $1850,