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- Fx_Anil replied Sep 26, 2023
Gold price looks set to revisit $1,890 and $1,858 supports but further downside appears difficult. That said, the XAUUSD's recovery needs validation from a two-month-old descending resistance line of around $1,936-37.
- Fx_Anil replied Sep 26, 2023
GBPUSD appears well-set for 1.2000 while a 10-month-old rising support line of around 1.1920 could challenge the bears afterward. Alternatively, the Cable bulls remain off the table below the 200-SMA of around 1.2350.
- Fx_Anil replied Sep 18, 2023
Cable bears appear well-set to revisit the mid-2023 lows surrounding the 1.2300 round figure unless it crosses the 1.2450 upside hurdle.
- Fx_Anil replied Sep 14, 2023
Wednesday's Doji beyond the 200-day SMA lures GBPUSD buyers but the upside appears limited considering the downbeat UK fundamentals, contrary to the US soft-landing concerns and a 14-month high US inflation.
- Fx_Anil replied Sep 14, 2023
EURUSD rebound appears fishy even as the US Dollar retreats from the 26-week high. ECB needs to sound too hawkish to defend the first weekly Euro gain in nine, 1.0770 is the key upside hurdle.
- Fx_Anil replied Sep 12, 2023
EURUSD stays bearish despite the latest corrective bounce:
- Fx_Anil replied Sep 12, 2023
Cable buyers flex muscles ahead of UK Employment data, especially after three consecutive weekly declines. The recovery moves, however, need validation from the falling wedge confirmation.
- Fx_Anil replied Apr 12, 2018
AUDUSD seems clubbed in a range between 0.7635-45 horizontal-support and 50-day & 100-day SMA confluence, around 0.7785-90.
- Fx_Anil replied Jan 9, 2018
EURNZD is likely declining towards 1.6410. However, a break above 1.6740 can reprint 1.6900 on the chart.
- Fx_Anil replied Jan 9, 2018
NZDUSD traders may take a risk of selling the pair with 0.7215 SL while targeting 0.7135.
- Fx_Anil replied Jan 9, 2018
EURCAD Bulls shouldn't be disappointed with recent downturn unless 1.4790 is broke on a daily closing basis.
- Fx_Anil replied Jan 9, 2018
IMHO, the 1.1835 seems coming back on the chart.
- Fx_Anil replied Jun 6, 2017
USDCAD may bounce from 1.3430 but can't be termed strong unless clearing 1.3550
- Fx_Anil replied Jun 6, 2017
IMHO, AUDUSD signals 0.7420 re-test.
- Fx_Anil replied May 18, 2017
AUDUSD is still not strong.
- Fx_Anil replied May 18, 2017
109.65-60 seems coming back on the chart.
- Fx_Anil replied Mar 3, 2017
I'm afraid that Gold might not break $1217-18.
- Fx_Anil replied Feb 21, 2017
I'm in favor of sellers targeting 0.7110 & 0.7075 as far as NZDUSD is concerned.
- Fx_Anil replied Feb 21, 2017
1.0520-15 might halt the pair's present drop, failing to which can flash 1.0490 on the EURUSD chart.
- Fx_Anil replied Feb 10, 2017
IMHO the pair is at important short-term resistance and aims for flashing 114.40 & 115.10.