FxWirePro: GBP/AUD neutral in the near term, scope for further downside 
FxWirePro: USD/CNY edges lower ahead of Fed outcome 
Pressure on the Rupee: INR Slides to Seven-Week Low Amid Triple Macro Threat 
AUDJPY Pullback Presents Selling Opportunity Above 110.50 
EURUSD: Bearish Trend Suggests Selling on Rallies Near 1.15670 Ahead of Fed Decision 
FxWirePro: USD/ZAR edges higher as market brace for Fed rate decision 
JPY Major Currency Score: NZDJPY, AUDJPY, GBPJPY, EURJPY Show Bearish Trend 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY advances ahead of Fed and BOJ rate decisions 
NZDJPY: Bearish Trend Favors Selling on Rallies Above 90.18 
NZDJPY Faces Resistance: Sell on Rallies as Downtrend Favors Bears 
FxWirePro: USD/ZAR runs out of steam but mains bullish outlook 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: NZD/USD edges lower ahead Of FOMC decision 
FxWirePro: USD/JPY trades in tight range ahead of event risks 
FxWirePro: EUR/NZD steadies 2.0030, retains bid tone 
Add as a preferred source on Google
Candlestick pattern- Shooting star (4-hour chart)
Bearish Divergence CCI (50)-(4-hour) Chart.
Gold pared some of its gains due to profit booking. Having reached a high of $4696, it is now at $4639.
|
Technicals |
CMP -$4642 |
Trend |
|
|
4-hour chart |
Value |
|
|
|
55 EMA |
$4482 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$4301 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$4300 |
CMP >365 EMA |
Bullish |
Near -term support -$4600/$4500/$4480$4405/$4300. Major bearishness below $4300. Any violation below $4300 targets $4235/$4215/$4200/$4156/$4080/$4000. Near-term resistance: $4700/$4773/$4800/$4900/$5000.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
114.08 |
|
ADX |
Neutral |
|
It is good to sell on rallies around $4658-60 with SL around $4700 for a TP of $4300.
