Connect with us

Analys från ForexYard

Gold MT: watch 1525.

Published

on

Gold MT: watch 1525.

Pivot: 1656.

Our preference: as long as 1656 is resistance, look for choppy price action with a bearish bias towards 1525 max.

Alternative scenario: An upside breakout of 1656 would open the way towards 1698.

Comment: watch the 1525 support level and the 1656 resistance. A break of this range to either side would be considered significant and certainly worth monitoring.

Trend: ST Ltd downside; MT Range, we have been bearish since 21 DEC 2012 (1667).

Key levels Comment

1750 Horizontal resistance

1698 Horizontal resistance

1656 Pivot point

1565 Last

1555 Previous low

1525 LT horizontal support

1480 Horizontal support

Copyright 1999 – 2013 TRADING CENTRAL

Analys från ForexYard

USD/JPY ST: rebound.

Published

on

USD/JPY ST: rebound.

Pivot: 116

Our preference: long positions above 116 with targets @ 123.8 126 in extension.

Alternative scenario: below 116 look for further downside with 113.85 110 as targets.

Comment: the RSI is well directed.

Supports and resistances:

127.7 **

126 ***

123.8 ***

121.628 Last

116 ***

113.85 ***

110 **

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Analys från ForexYard

Crude Oil (WTI) (H6) Intraday: further upside.

Published

on

Crude Oil (WTI) (H6) Intraday: further upside.

Pivot: 32.8

Our preference: long positions above 32.8 with targets @ 34.84 35.9 in extension.

Alternative scenario: below 32.8 look for further downside with 31.7 30.6 as targets.

Comment: the break above 32.8 is a positive signal that has opened a path to 34.84.

Supports and resistances:

36.7

35.9

34.84

33.58 Last

32.8

31.7

30.6

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Analys från ForexYard

Crude Oil (WTI) (H6) ST: caution.

Published

on

Crude Oil (WTI) (H6) ST: caution.

Pivot: 35

Our preference: short positions below 35 with targets @ 26 23.3 in extension.

Alternative scenario: above 35 look for further upside with 38.5 43.5 as targets.

Comment: investors have to remain cautious since these levels may trigger profit taking.

Supports and resistances:

43.5 **

38.5 **

35 ***

33.82 Last

26 ***

23.3 **

20 **

Copyright 1999 – 2016 TRADING CENTRAL

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.