EURUSD regained above 1.0550 on improved market sentiment. Technical: On the higher side, near-term resistance is around 1.0600
Gold price gained some momentum after G7 countries bans Russian gold imports. Technical: The near–term support is around $1830 The yellow metal faces minor resistance around $1850, any breach above will take to the next level $1875
The major is extending downside for the third consecutive session, outlook is bearish. Price action has slipped below 5-DMA and is on track to test 21-EMA support at 133.21.
Gold Rejected breakout 200-MA and 200-MA stop price 21-EMA local resistance if break next cloud base
The pair has slipped below 5-DMA after Dragonfly Doji formation in the previous session. Major trend in the pair is bullish. 200H MA is immediate support at 141.44. Break below will drag the pair lower.
GOLD Symmetrical Triangle Pattern Yesterday 200-MA Rejected breakout and 1833.5 local support 21-EMA Struggle if break below 21-EMA next eyes 1810
EURUSD pared some of its gains made yesterday on risk aversion. The pair's immediate support is at 1.0460, breaking below targets of 1.0400/1.0340.
GBPCHF extends sideways ahead of UK inflation data Technical indicators support downside in the pair. Immediate resistance is seen at 5-DMA, break above could see some upside.
AUD/USD snaps two-day uptrend, Technical bias for the pair remains bearish. GMMA indicator shows major and minor trend are bearish. Scope for test of trendline support at 0.6855.
Gold price lost its shine and lost nearly $20 on the strong US dollar. Technical: The near–term support is around $1825, a breach below targets $1800
Capped between 110-EMA and into cloud Cloud base support and 1830 Near term resistance 1840 and 110-EMA
BTCUSD regained above $20000 on short covering. NASDAQ (positive correlation with BTC)- Mixed (neutral for BTC). US bond yields (Bullish)- Negative for BTC A jump to the next level of $23000/
EURJPY Major resistance- 143.25 Near-term support- 141.70 Trend reversal level- 137.80
The near-term resistance is around 166.25, any breach above targets 167/168/168.75. Technically in the hourly chart, the pair is holding above short term (21- and 55 EMA) and 200 MA (167.37).
Gold price consolidating after a minor pullback to $1857 Technical: The near–term support is around $1828, a breach below targets $1820/$1800
Copper opens the week on a bearish note, slips below 110-week EMA Technical indicators are biased lower. Stochs and RSI show bearish momentum.
GBPJPY recovered sharply after a massive sell-off of more than 500 pips. The near-term resistance is around 166.25, any breach above targets 167/168./168.75.
The pair has bounced off 21-EMA which is strong support at 132.12, weakness only on break below Price action is above major moving averages and daily cloud