Gold reversed from resistance level 1985.00 Likely to fall to support level 1900.00 Gold recently reversed down from the key resistance level 1985.00 (which has been reversing the price from the middle of May) intersecting with the 61.8% Fibonacci correction of the downward impulse from May. The downward reversal from the resistance level 1985.00 started […]
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Daily Pivots: (S1) 0.8627; (P) 0.8640; (R1) 0.8652; More… EUR/GBP is still bounded in sideway trading and intraday bias stays neutral. Further decline is expected as long as 55 D EMA (now at 0.8686) holds. Read more…
Daily Pivots: (S1) 1.6230; (P) 1.6275; (R1) 1.6351; More… EUR/AUD is still bounded in established range above 1.6125 and intraday bias stays neutral. Further decline is expected with 1.6594 resistance intact. Firm break of 1.6125 Read more…
Daily Pivots: (S1) 0.9055; (P) 0.9080; (R1) 0.9108; More…. EUR/CHF breached 0.9092 support turned resistance but failed to sustain above it. Intraday bias stays neutral first and further decline is still mildly in favor. On Read more…