Sterling prices lowered against the US dollar yesterday, it seems that this pair has loosed its bullish stamina but today important factory data at 1.30pm. This pair is strongly consolidated below the price level 1.6060.
Technically this pair is in bearish trend because SMA 100 and 200 are indicating a clear bearish trend and acting as a resistance in h1 graph. Ichimoku cloud signal is also bearish in h1 graph. Alligator and parabolic SAR signal is also bearish in h1…Continue
Gold prices consolidated below the price level 1250. The yellow metal is in a side waves since two days and did not show any clear direction. The yellow metal gained more than 70 dollars in last two weeks, gained in the first two days but range bound since yesterday. Technically this metal is in side wave.
SMA100 is indicating bearish trend but SMA200 is indicating strong bullish trend in h1 graph. Ichimoku cloud signal is bearish in h1 but bullish in h4 graph. Bollinger…Continue
Gold prices ticked down in early Asian Session, Placed low 1246.10. Yesterday, this metal was range bound but closed with bearish signal. Strong bullish sentiments are founded above the price level 1235. Gold placed low 1182.92 on 6th October, test the weekly bullish trend line and going target 1265 today. It seems that this metal will try to cross the border of 1300/oz in coming days.
Technically this metal is in bullish trend for day trading, take an eye on…Continue
Gold prices ticked up in early Asian Session, this metal is strongly supported above the price level 1237. The yellow metal gained more than 70 dollars in two weeks, as I mentioned in my blogs that 1182 is a strong bullish point for this metal. Strong bullish trend line can be seen in weekly graph. The expected target for this metal is 1265. This metal is facing resistance near 1265 level in form of a tred line and the ichimoku resistnace in daily…Continue