DragonCaptain

DragonCaptain

If GPBUSD fails to break the resistance, a possible sell move is awaiting. A break above 1.3700 will open a way for buyers with more confidence, on the other side, if resistance rejects the pair again will node down to the 1.3300 level.

DragonCaptain

GOLD has just failed to beat key resistance at 1845 to end three days continuing the bullish streak. It's still fighting the key resistance if breaks it can reach to next key level at 1900 but if bulls get out of pace a downfall could begin after a sharp pullback from the 1760 level.

DragonCaptain

GBPUSD has turned bearish on the consolidation resistance is near to break below. Covid situations and Brexit agreement complication is a hurdle for bulls to clear. Bais has turned negative and a sell trend is ready to hit 1.31500 again.

DragonCaptain

he price of bullion gives back the rebound from the November low ($1765) even though the breakdown in the US Dollar Index ( DXY ) carries into the yearly open, with the weakness in gold largely coinciding with the recent spike in US Treasury yields. The US 10-Year yield pushed above the psychological 1% level.

DragonCaptain

support breaks could see a decline ensue that takes price back to a trend-line running higher. This would be another point in time, as we would get a chance to see what the trend is made of as a correction is either met or not met by buyers.

DragonCaptain

The price of bullion gives back the rebound from the November low ($1765) even though the breakdown in the US Dollar Index (DXY) carries into the yearly open, with the weakness in gold largely coinciding with the recent spike in US Treasury yields. The US 10-Year yield pushed above the psychological 1% level.

DragonCaptain

GBPUSD has turned bearish on the consolidation resistance is near to break below. Covid situations and Brexit agreement complication is a hurdle for bulls to clear. Bais has turned negative and a sell trend is ready to hit 1.31500 again.

DragonCaptain

BULLS remain intact after volatile and dramatic days of trade. The Bulls trend line is holding support. The target to hit is 1975.

DragonCaptain

AUD/USD price action surged.

DragonCaptain

At this point in time, the market is likely to see a certain amount of demand, and that is assuming that we even get there. All things being equal, the 50 day EMA is starting to turn upward from there, and with that being the case I think it is only a matter of time before buyers would jump back in. To the upside, the $2000 level would be the next target, followed...

DragonCaptain

If GPBUSD fails to break the resistance, a possible sell move is awaiting. A break above 1.3700 will open a way for buyers with more confidence, on the other side, if resistance rejects the pair again will node down to the 1.3300 level.

DragonCaptain

The daily chart of gold has broken clearly above the intermediate trendline, confirming a cycle breakout and subsequent 6-month low in late November. Precious metals should rally into at least March, but April or May is more likely before correcting into the next 6-month low. My minimum target for this advance is $2300.

DragonCaptain

The value of the bitcoin has been rising over the past few weeks, reaching a record high of 20000, in December last year. The value of the bitcoin has multiplied in the past as well, due to large investors investing in it for immediate profit. Some experts believe that in the aftermath of the Coronavirus outbreak around the world, investors consider the bitcoin...

DragonCaptain

We are keeping a close eye on Gold. The exciting pair has pushed itself to the top of 1900 where it needs to break the resistance channel. All are in favour of Gold. Once the resistance is clear, xauusd is all set to hit the all-time top again. if rejected, bears will take the charge, let's see who blinks first.

DragonCaptain

USDJPY breaks the range towards the downside as expected, a great entry for sell at resistance can give the seller the opportunity to break the short-term range further to the downside.

DragonCaptain

If GPBUSD fails to break the resistance, a possible sell move is awaiting. A break above 1.3700 will open a way for buyers with more confidence, on the other side, if resistance rejects the pair again will node down to the 1.3300 level.

DragonCaptain

Gold is playing a trick at the movement, bound in range trade but waiting for the sharp uppish move but could not make a move up. A break above the 1900 level will give a boost and confidence to all 2000 in January.

DragonCaptain

EURUSD has made a confirmation move on breaking the bullish flag channel pattern. A pullback from this point will give us opportunity to target 1.2400 on the top.