RANsquawkOfficial

RANsquawkOfficial

After a strong recent rally traders are looking to see if 104.11 will hold. The RSI has broken lower and this indicates prices could either make a lower high or form a regular divergence pattern.

RANsquawkOfficial

Could the trendline support the recent down move in Gold

RANsquawkOfficial

DXY currently testing 4HR triangle downward trend line

RANsquawkOfficial

Resistance levels hold as offers hold around 1.30

RANsquawkOfficial

GBP/USD has consolidated after recent selling pressure and now faces a firm test in the from of the 1.2990 resistance level and the downward trendline.

RANsquawkOfficial

Firm channel resistance here lets see if its holds!

RANsquawkOfficial

As news filters through from Saudi Arabia and OPEC I thought I would put this up!

RANsquawkOfficial

We have seen some EUR strength and are approaching the 23.6 fib level but there is some traffic in the way of moves higher. The level to look out for would be the psychological 1.13 handle which is in close proximity of the 23.6. Keep an eye on is the fact that the EUR is overbought against many of its crosses so this may cause a pullback.