FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro: GBP/AUD bears maintain upper hand 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
FxWirePro- Woodies pivot (Major) 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 
Gold pared most of its gains on easing geopolitical tension. Having reached an intraday low of $4019, it is now at $4036.
|
Technicals |
CMP -$4037 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
$4059 |
CMP <55 EMA |
Bearish |
|
200- EMA |
$4122 |
CMP <200- EMA |
Bearish |
|
365- EMA |
$4234 |
CMP <365 EMA |
Bearish |
Near -term support -$4000. Major bearishness below $3940. Any violation below $4000 targets $3980/$3940. Near-term resistance - $4085/$4116/$4145/$4205/$4245.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bearish |
-69.49 |
|
ADX |
Neutral |
|
It is good to sell on rallies around $4058-60 with SL around $4120 for a TP of $3940/$3900/$3800.
