Till now on 13:47 (+5.30 hours) to start the US session, there are no any major news to change the market trend. There for the I am assuming the market is moving the same way it has moved in last few days. So i am expecting USD/JPY short towards to 109.730.
Per the 4H chart, silver has failed to brake the resistance line around 24.280 on last Friday & turned to bearish. It has ended the last week trading at the resistance level of 23.718.
But considering about the market situation, I believe, we are about to experiencing a down trend because,
1. Even silver has increased demand for solar panels, electric...
With the huge miss of US non farm payroll result, gold has jumped to level of 1830. But it failed to brake the resistance line where around 1833.00. Now gold is again moving down towards to it's support level around 1803.00
TRX is at a strong resistance line 0.07143 & it can move either way. As today is the Friday & the last day of the week, per the historical behaviors of the crypto currencies, there is a higher chance to move down side to next support point 0.06976
After the loosing ground due to the Donald Trump's statement, again Crypto currencies are rebounding. It's very negative factor that, by a single twitter or a statement, cryptos total market can make upside down. Because those are still too weak to survive & handing the pressure.
Next Reaching Points