Currently USDPY pair in consolidating at the soft support/resistance point (109.5X - 109.6X) . but for a couple of week seems to be on uptrend , indicated by golden cross by EMA 55 to EMA 144 and 377 , probably retest the hard resistance at 111.33 but remember to anticipate if break the soft support at 108.4XX
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This information is for educational...
EUR USD seem to be bearish on the longer term because the EMA 55 likely to form death cross to EMA 144 on daily time frame. The key level will be at hard resistance - 1.20000.
If we zoom in to 2HR chart, in the short term might retest the soft resistance at 1.195XX if break 1.192XX before go to 1.20XX. in 2hr chart also shows that EMA 55 form golden cross with...
XAU USD for a couple week seems to be in short position, indicated by lower high formation and also death cross in EMA 55 and 144 from August 20 in its all time high, Last week trade on Thursday, price tries to break the hard resistance but rejected again up to EMA 377 as its lowest point.
Disclaimer:
This information is for educational purposes and is not an...
MSFT currently on uptrend position and respect the EMA 55 line, probably retest its all time high
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific...
