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TipTVFinance TipTVFinance PRO NZDUSD, D, 7 months ago
NZDUSD: Possible double top formation
65 0 3
NZDUSD, D
Possible double top formation
Daily chart pattern - possible double top formation Resistance - 0.6883, 0.6835, 0.6806 Support - 0.6972, 0.7024, 0.7054 Kiwi's failure to take out Apr 19 high of 0.7054 followed by a sharp drop below rising channel has increased odds of a the pair forming a double top formation with neckline at 0.6806. ...
TipTVFinance TipTVFinance PRO XAUUSD, D, 7 months ago
XAUUSD: Gold – Bullish case strengthens ahead of Fed
86 0 0
XAUUSD, D
Gold – Bullish case strengthens ahead of Fed
Resistance – $1253, 1263, $1275 Support – $1238, $1227, $1221 Gold’s repeated rebound from $1227 (23.6% of Dec low-Mar high) followed by a move back above 50-DMA yesterday has left the doors open for a rise to $1253-1263 levels. On the lower side, $1227 remains a strong support, which needs to be breached if ...
fxstraderomi fxstraderomi GBPUSD, D, Long , 8 months ago
GBPUSD: GBPUSD Overnight outlook - Long objective 1.4254
42 0 6
GBPUSD, D Long
GBPUSD Overnight outlook - Long objective 1.4254
Formation - Expanding falling channel Outlook - Cautiously bullish Sterling's sharp fall left it oversold as per 15-min RSI, with the indicator forming bullish divergence pattern with price chart in the NY session. The subsequent attempts to recover losses have failed around 1.4220, still the intraday support ...
fxstraderomi fxstraderomi EURJPY, D, 8 months ago
EURJPY: EUR/JPY outlook
26 0 2
EURJPY, D
EUR/JPY outlook
The impulsive decline seen in early Europe has been recovered, thus marking another failure to sustain below 125.00, thus extending the ongoing squeeze between 125.0 handle and falling channel resistance. A daily close back inside the channel would invalidate arguments to remain on the sell side, thus leading to ...
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