DAILY H4/D1 SHORT INDICATORS;
EURUSD sell zone cap at prices below the immediate 60-day WMA purple line.
EURUSD possible sell entries at 1.105/1.110 lower high range with Stop Loss at 1.111
EURUSD price flat at 1.102 adjusted to bull market Fed rate cut anticipation.
EURUSD tendency to fall below 1.100 is gradually building up as leading...
EURUSD price action gives a strong pullback reversal at 1.09 support.
EURUSD responds to market sentiment after ECB introduces QE after deposit rate cut.
EURUSD bullish buildup is currently supported by strong convergence of leading indicators, as likelihood of fed rate cut next week is high.
H4/D1 SHORT TARGET.
XAUUSD is expected to go bearish per market sentiment as the 200-day MA diverges further away from the 1366.67 green flag; XAUUSD bearish to reflect DXY 99.10 index bull gains made last week. ( Gold/DXY = inversely correlate)
XAUUSD psychological support levels (Red and Black dotted lines) priced at $1488 and $1446...
XAUUSD psychological support level priced at $1486 fibonacci retracement level.
The uptrend momentum is expected to retest 1555 price as subsequent H1/H4 higher lows pivoted at 1486 are expected before a break above 1555 is assumed.
XAUUSD bull trajectory is expected to tests the 1590 resistance level in coming days as trend indicators...
Various trend indicators are signaling a new uptrend convergence.
EURUSD long buyers are expected to keep price actions well above the 1.110 support level in coming trading days.
EURUSD next uptrend momentum is expected to retest the 1.116 price resistance.
The 1.124 price resistance was retested twice last week after failed attempt to break through.
EURUSD bearish tone build up has push price actions down bellow the median range of bearish tone projection.
EURUSD next possible bearish test may revisit the 1.112-1.110 price range in coming days
FX_IDC:XAUUSDTECHNICAL ANALYSIS :
The 200-DAY Moving Average Steady uptrend reaches the 78.60% Fibonacci level at the second green as XAUUSD breaks the $1500 price mark.
MACD indicator signals continues uptrend momentum by net long gold buyers.
XAUUSD bullish rally approaches the third flag at 61.8% fibonacci level, with new higher high target at $1520
FX_IDC:EURUSD TECHNICAL ANALYSIS:
EURUSD long buyers saw a strong price reversal at 1.102 support year low last week.
Most leading trend Indicators signalling bullish convergence, as MACD looks flat indicating short sellers bearish market sentiment; Higher lows are well expected.
However EURUSD is expected to continue the bullish build up setting this week.
SAXO:XAUUSD TTECHNICAL ANALYSIS :
The 200-DAY MA Steadily uptrend approaches the 78.60% Fibonacci level at the second green flag,indicating gold price action momentum shift towards the $1500 price range.
MACD indicator also signalling a new uptrend momentum.
The rectangular zone shows the progressive uptrend bias of gold price after...
Trend analysis indicators signaling a strong reversal from bearish rally.
EURUSD price actions pullback from 1.110 year low.
EURUSD back in uptrend range momementum.
ECB is expected to cut interest rate
US FED is highly expected to cut rate in 2 weeks.
EURUSD bearish trend deepens as subsequent downtrend target is priced at 1.113.
US dollar index continues to consolidate in value with index approaching 98.00.
Trend analysis indicators remain bearish-converged pointing at the bear market.
TECHNICAL ANALYSIS :
EURUSD strong pullback reversal from 1.123/26 price level is backed by most trend analysis indicators.
EURUSD to retest 1.120 support, then a possible test for 1.180.
US Dollar index priced at 97.15 index
FOREXCOM:EURUSD TECHNICAL ANALYSIS:
EURUSD sees downtrend reversal from 1.1900 Tuesday's low, rallying towards 1.128 price area.
US dollar index stands at 97.00 and it's expected to test the 96.31 price index level in coming days.
EURUSD seeks to consolidate momentum at 1.123/26 lower high and then increases bullish pace after 1.128 resistance level is...
GOLD FUNDAMENTAL ANALYSIS:
Fed’s Powell’s dovish remarks sees Gold price projecting uptrend.
NY Fed Recession Probability Indicator shows 33% livelihood by 2020 ending.
The green line on the chart indicates the US dollar price index at 97.18 at time of report, from yesterday's 97.50 high.
TECHNICAL ANALYSIS :
Us dollar price index shoots to 96.90 at time of report, signaling a possible test for 97.00 price index weekly target.
EURUSD price action falls out of the uptrend median range, but remain in projected range.
Eurusd may fall out of projected uptrend range to test out-of-range level at 1.123/22 as DXY steadily approaches 97.00 price index
GOLD TECHNICAL ANALYSIS:
XAUUSD tests last week high at 1434 price level.
XAUUSD set to continue bullish rally with subsequent higher lows and highs above median uptrend range
The yellow line representing XAUEUR also tested 1270 price level at time of report.
The sudden spike in price of gold comes as a result of Christine Lagarde...