Great British Pound is range bound since last week and waiting for news to clear its trend. As we experienced that at the end of the year investors were confused. No big movement is expected even today.
Technical indicators are indicating mix behaviour and no clear direction. In h1 graph the prices are locked between triangles in h1 graph. The RSI and the Parabolic SAR Signal is bullish in h1 graph. Bollinger band is neutral. SMA100 and 200 are indicating bearish trend in h1 as…
No big volatility is expected today, so set your Tp and sl short.
BOB stands for break out buy and BOS stands for Break out sell. When a stop loss hit, this pending order will recover the loss. The TP for this limit…
Gold prices are moving between small gain and losses, placed low 1187 and traded near 1200. Last night this metal placed low 1183 and high 1202.75 on FOMC statement. This metal was unable to cross its first support 1182 and first resistance 1218.
Technical indicators are indicating bear trend and no clear direction. SMA100 and 200 are indicating bearish trend in h1 graph but locked between both SMA in h4 graph. Ichimoku cloud signal is laso bearish in h4 as well as in h1 graph . The RSI…
A great match was played between buyers and sellers yesterday, the yellow metal placed low 1187 and high 1223 but at the end sellers win. This metal is supported near 1182 and consolidated below the resistance level 1218. Since Asian Session this metal is moving between small gain and losses.
Technically this metal is in side wave and not indicating a clear trend.SMA100 and 200 are indicating bearish trend in h1 graph but locked between both SMA in h4 graph. In daily graph a strong…Continue