PRI2017

PRI2017

Gold price has touched 50MA line where there is a strong support. The price is still in the bulls hand and walking within the range. I believe the price may go up to 1765 region again or even more. Most of the US pairs has been weaken these days. Therefore,in my view, there is a high possibility to up the gold price. If you like my analysis, please hit the thumbs...

PRI2017

Last Friday,29 May 2020, the Gold price has broken 4H short term downtrend resistance and moved upward. However, it again faces a strong horizontal resistance right now. Therefore,the Gold price may push little back toward the support line to gain the bull power and may run faster to upward to meet 1760 region. If you see the previous downtrend in the price I...

PRI2017

According to the 4H chart , Gold is in the down trend line and there is a possibility of touching 1700 or even 1694 region. Then , it may turn to bullish trend.

PRI2017 Updated 

In my view, EURJPY is about to touch support line around 114 area and then it may go upward. 4H chart shows a little pull back to 115 and then it may go back to 114.30 which is a strong support area. Then it may go upward to touch 116.5 and 117. Thank you.

PRI2017 Updated 

Last week, the Dow uptrend channel was broken and snapped to 23633. The snap was intensified with the uncertainty created by the impact of Covid 19 to the US and political statements connected with the pandemic. Technically, the index may open next week with a gap and may further go down to the next support region of 23300 and may push back to the resistance...

PRI2017

In 1H time frame, GBPJPY touched a support level and may go up to the level of 133.50 range as per the indication given by Bolinger Bands.

PRI2017

USDJPY may fall soon after forming rising wedge. It may happen tomorrow after the price reach at or around 111.52. In my view the price may go down around 109.55. Please add your comments.Thanks.