D1 price is on primary bearish with secondary market rally: Chinkou Span line is near to be crossed with the price from below to above for good breakoutSinkou Span A line as the border of Ichimoku cloud/kumo is located exact above the price for now; if the price crosses this line so we may see the reversal of the price movement from primary bearish to the primary bullish market condition.Nearest support level is 1146.10Nearest resistance level is 1204.43 W1 price ...
Gold retreated on reports Wednesday that support for a Swiss referendum to require the country’s central bank to hold 20% of its reserves in gold bullions is losing momentum. Only about 38% of those polled plan to vote for the Swiss gold measure, according to the Daily Mail, while Bloomberg reported that about 47% are likely to vote against it. The referendum, scheduled for Nov. 30, must secure more than 50% support to pass. ...
US Dollar Poised to Extend Gains After Break of ResistanceS&P 500 Clears September Top, Sets Another Record HighCrude Oil Digesting Losses, Gold Drops Most in 11 Months US DOLLAR TECHNICAL ANALYSIS – Prices look poised to extend its advance after prices cleared yet another technical barrier. A daily close above the 50% Fibonacci expansion at 11308 exposes the 61.8% level at 11400. Alternatively, a turn below the 38.2% Fib at 11216 opens the door for a challenge of the 11102-43 ...
US Dollar Forecast- Usd Aiming Higher as Upbeat Jobs Data Fuels Fed Hike Bets US Dollar looks poised to continue to advance for a third week as upbeat payrolls data fuels speculation that a Fed interest rate hike will arrive sooner rather than later. Great British Pound Forecast - British Pound Holds on by a Thread- What to Watch in Week Ahead The British pound finished the week notably lower versus the resurgent US Dollar, but a busy week of economic event risk ahead suggests ...
MN price, XAUUSD. Ichimoku Analysis MN1 price is located below Ichimoku cloud/kumo and very far from Sinkou Span A line which is virtual border between primary bullish and primary bearish for highier timeframes on the chart. The nearest border of Ichimoku cloud is Sinkou Span B line which is on psy/key value of 1300.00: and if this line will be crossed with the price from below to above so we may see the secondary market condition within primary bearish (ranging ...
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