Good Contents Are Everywhere, But Here, We Deliver The Best of The Best.Please Hold on!
Data is Loading...
New York +1555225314

Gold has been moving strongly against USD and today with the US job data, the Gold bulls would be controlling the chart.
The support rests at 1232.74 with resistance at 1237.97 which both lines are above the weekly pivot point at 1230.23. The EMA of 10 is moving with bullish bias in the ascendant channel and it is above the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing weak buy signal. The price is above the Ichimoku Cloud and the Chinkou Span. The Tenkan-sen and the Kijun-sen are both showing an upward trend.
Long positions are recommended towards 1240.

gold
Source: fxglory

0

Brexit is giving some strength to GBP against USD however once the US job data is released, there might be some pullbacks.
The support rests at 1.29880 with resistance at 1.30520 which both lines are above the weekly pivot point at 1.28990. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 100 and the EMA of 200. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
While considering pullbacks on the way, GBPUSD may grow towards 1.31.

gbpusd
Source: fxglory

0

US ISM manufacturing PMI and the Brexit progress is weighing on USD.
The support rests at 1.13670 with resistance at 1.14480 which the weekly pivot point at 1.14310 is located in between the lines. The EMA of 10 is moving with bullish bias in the ascendant channel and it is below the EMA of 200 and the EMA of 100. The RSI is moving in overbought area, the Stochastic is moving in high ranges and the MACD line is above the signal line in the positive territory. The ADX is showing buy signal.
EURUSD has already reached the weekly pivot point and considering the correction pattern, EURUSD will probably grow towards 61.8 level of Fibonacci at 1.15.

eurusd
Source: fxglory

0