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  • xtreamforex26
    Technical Analysis on Gold & Silver

    Gold Price Risks to Falling to 200 day Level

    The Gold Price is going under the long-held support because the gold now risks falling to the 200- day Simple Moving Average. The breakdown is sponsored by an underneath 50 or bearish perusing on the 14-day Relative Strength Index (RSI) and a negative MACD histogram. The 5-and 10-day SMAs are moving south, demonstrating a bearish arrangement, as is the bearish hybrid of the 50-and 100-day SMAs.

    The yellow metal closed below $1,850 on Monday, disregarding the level, which went about as a solid floor on various occasions since September.

    Thusly, the drawn-out SMA of the level by $1,796 could before long become possibly the most important factor. The yellow metal is right now trading at a four-month low of $1,824 per ounce, speaking to a level 0.68% drop on the day.

    XAG/USD Price Cling to the 100 Day EMA to Three Week Low

    Silver costs backtrack misfortunes from the multi-day low at the level of $23.42 while taking rounds to the level of $23.60 during the early Tuesday's Asian meeting. The white metal dropped to the most minimal since November 04 in the wake of denoting various pullbacks from 50-day EMA protections during the most recent four days.

    Not just the ware's powerlessness to cross the key EMA, yet MACD conditions additionally favor the silver bears to eye a rising pattern line from September 24, at the level $23.23 now. However, a continued drawback break below the 100-day EMA level of $23.60 gets vital for that.

    For a situation where the bullion remains frail past-$23.23, the 23.00 and the 22.00 round-figures can offer middle of the road stops to the drawback focusing on 200-day EMA and September's base, separately around $21.75 and $21.65.

    Then again, a corrective pullback needs to defeat the 50-day EMA level of $24.35 to test the mid-month top near $25.10.

    Nonetheless, any further potential gain past-$25.10 will help the silver bulls with testing the month-to-month top close $25.85.

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  • xtreamforex26
    Technical Analysis on EUR USD or AUD USD

    EUR/USD Pair Shows the Bids to Triangle Around 1.1800

    The EUR/USD pair rose to the level by 1.1860 on this Monday Session due to this major currency pairs trades inside the symmetrical triangle to the upside momentum to the 200 SMA.

    The RSI conditions do not seem as overbought and oversold to the continuation of the recovery of the moves that can be expected.

    EUR/USD buyers right now eye the support line of the expressed triangle, at 1.1881 now, while focusing to invigorate the month to month top containing 1.1920.

    In the pattern, the example's support line at the level by 1.1835 now, goes before a 200-bar SMA level of 1.1789 to test the momentary drawback. Additionally going about as support is the November 04 high of the level by 1.1770.

    AUD/USD Pair Trapped to the Ascending Triangle

    AUD/USD is currently trading at the level above 0.7310, speaking to a 0.16% addition on the day.

    While the pair is blazing green, it is yet to leave a fourteen-day climbing triangle, as observed on the 4-hour outline. All things considered, the quick inclination stays equal.

    A break over the upper finish of the triangle, as of now at the level 0.7340, would infer a continuation of the convention from the Nov. 2 low of 0.6991 and open the entryways for 0.7413 (Sept. 1 high).

    Then again, a triangle breakdown would infer a transient bearish inversion and move risk for a drop to 0.6991.

    A bullish breakout takes a look at press time, as the value markets are cheering possibilities of an early rollout of Covid antibodies in the US.

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  • xtreamforex26
    Technical Analysis on EUR USD or S&P 500

    EUR/USD Pair Breaks the Monthly to Direct Risk Bears at Level 1.1800

    EUR/USD pair was consolidated near at the day low currently down at the level 0.13% on the day to 1.1840 on this early Thursday. The pair will be traced to the break on the upward to the sloping trend line.

    The RSI condition of the pair will be clear the break to the previous support line and the EUR/USD is the eye at the level by 1.1788 during the further declines.

    For a situation where the danger off encourages the US dollar to invert the month to month misfortunes, the mid-October low close to 1.1690 and the month to month base encompassing 1.1600 could pick up the market's consideration.

    On the other hand, a potential gain break of the help transformed into-opposition, at 1.1883 now, will be examined by the 1.1900 round-figure.

    It should likewise be noticed that the even territory around 1.1920-25, involving highs set apart on September 10 thus far in November, turns into a difficult one to figure out for the EUR/USD buyers past-1.1900.

    S&P 500 Price Seems the Bulls to Steam Below Time Highs

    The S&P 500 Index is attempting to persuade on the potential gain as it runs out of force. Coming up next is a top-down examination of potential liquidity zones on the drawback should the market move into appropriation.

    The week after week graph shows that the neck area of the W-development meets the 38.2% Fibonacci retracement of the week by week bullish motivation leg.

    The four-hour chart shows that there is a conversion of a half mean inversion and earlier obstruction structure that would be relied upon to go about as help, in the region of the 21-hour moving normally.

    While exchanging is responsive, not cautious, it does no wrong in having some foreknowledge and being ready for expected value activity.

    In the accompanying investigation, the hourly conditions are less bullish with the value now underneath the 21-hour moving normal and testing the main layer of basic help.

    A tear here will open possibilities for the drawback focusing on a tear of Tuesday's low to open a race to Friday's old record closing highs.

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  • xtreamforex26
    Technical Analysis on XAU/USD or XAG/USD

    XAU/USD is Testing the Critical Support at the $1860

    The Technical Confluences Indicator shows that the XAU/USD pair is shielding the solid at the level $1877 uphold, which is the assembly of the earlier day low, Fibonacci 23.6% one-week and one-month.

    Acknowledgment below the latter is probably going to trigger a sharp drop towards a minor cap adjusted at $1868, the turning point one-day S2.

    The following basic help of the earlier month low of the level $1860 will be on the trader’s radars. On the other side, gold is probably going to confront a group of obstruction levels in the event that it recovers some ground towards the applicable potential gain obstacle at $1888, which is the convergence of the SMA50 one-hour and Fibonacci 38.2% one-month.

    Further north, the rotate point one-day R1 at the level $1891 will challenge the upward journey.

    Nonetheless, $1894 will be a difficult one to figure out for the bulls, as it is the conjunction of the earlier day high, SMA100 four-hour and Fibonacci 38.2% one-week.

    XAG/USD Seems Seller Below at the level $24.40

    Silver wobbles around to the level of $24.50 in the midst of Wednesday's Asian meeting. In doing such, the white metal keeps the most recent trading range somewhere in the range of $24.45 and $24.52. The bullion prior ricocheted off an intersection of 21-day and 100-day SMA combined with an upward slanting pattern line from October 29.

    Thus, intraday buyers may focus on the $25.00 limit in front of testing the expressed opposition line close to $25.65. Likewise prone to challenge the silver bulls is the month to month pinnacle of $26.00.

    Unexpectedly, a drawback break of $24.40 can rapidly drag the statement towards November 09 low close of $23.55 prior to coordinating silver traders toward the month to month low around $23.20 and the $23.00 round-figure.

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  • xtreamforex26
    Technical Analysis on EUR USD or GBP USD

    EUR/USD Pair Seems Upside Breakout Backs to Head and Shoulder Pattern

    The EUR/USD pair seems to the front foot to the near at the level 1.1850 to the starting of the week to extending the third straight on Monday.

    The Bullish is a crossover to the 50 hourly moving average that cutting to the level 100HMA that add below to the bullish move.

    US-China trade war acceleration through the Trump organization's 'intermediary' period before group Biden takes over in late January may be another headwind. The active President moved to boycott US interest in Chinese military-connected firms. Beijing typically shuddered for all to hear. Another round of blow for blow countermeasures may follow. Taking all things together, this implies that the Greenback may yet recover a sanctuary offers.

    In front of the 1.1900 level, the bulls are probably going to confront hardened opposition at 1.1860, November 5 high.

    The conjunction of the 200-HMA and example neck area at the level by 1.1800 is the level to beat for the bears.

    GBP/USD Scales Drops the Fib Hurdle Level to the 61.8%

    GBP/USD is right now trading at the level 1.3217, speaking to a 0.20% increase on the day, having finished a week ago above 1.2174 the 61.8% Fibonacci retracement of the auction from the Aug. 31 high of 1.3483 to Sept. 23 low of 1.2675.

    The break over the Fibonacci obstacle is generally viewed as bullish. For this situation, notwithstanding, the most recent week's high of 1.3313 is the level to beat for the bulls. A move above 1.3313 would refute purchaser weariness motioned by the long upper wick appended to the earlier week's light and open the entryways to the level 1.3483.

    Then again, a move below the Asian meeting low of level 1.3174 would approve the buyer’s weakness monitored by the week by week light and move risk for a drop to 1.3108 (5-week basic moving averages)

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  • xtreamforex26
    Technical Analysis on GBP/USD and AUD/USD

    GBP/USD Pair Seems To the Resistance Below 1.3200 With Two Week Old Flirts

    The GBP/USD pair will stay positive at the level by 1.3175 up by 0.15% intraday high during this Monday. The Early Asian session will be extended at the level by 1.3182 with the price-positive RSI Conditions.

    During the Quotes, the pair further go up with the past 1.3200 in the high near level high by 1.3050 that restricts the pair with the pullbacks that move before the GBP/USD seller towards the 200-bar SMA Level of 1.2962.

    During the statement's further potential gain past-1.3200, the August 19 high close to 1.3270 can offer a middle-end toward the north-run towards September's tower encompassing 1.3485.

    AUD/USD Pair Aussie the 7 weeks High

    AUD/USD broke higher from an hourly chart setting plan early Monday and timed a high of the level 0.7298 a couple of moments before press time. That level was most recently seen on Sept. 21.

    The hourly chart breakout demonstrates a resumption of the convention from the Nov. 2 low of 0.6991 and has made the ways for the Sept. 16 high at the level 0.7345.

    The over 50 day by day graph relative quality record and the positive MACD histogram likewise favor proceeded with gains in the Aussie dollar.

    Acknowledgment below the hourly chart backing of 0.7239 would prematurely end the prompt bullish viewpoint.

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  • xtreamforex26
    Technical Analysis on Gold & Silver

    Gold Price Seems the Uptrend at Level $19,00 Mixed US Presidential Election Polls

    The Gold Prices remain depressed to the early Asian session that rises to the two-week top at the level of $1,900 on Wednesday. On the other hand, you will need the US Dollar weakness that favored the yellow metal to the challenges of the risks on the 2020 Presidential election.

    The S&P 500 futures drop to the level by 0.17% to the 1.0% initial gains to the. The SMA 50 day keeps restricting the golds short term upside in which you purchase the sellers that breaks the level $1,894 that comprising the 100-day SMA. The pair is previously closed at level 1,909.19.

    Support Level: S1 1895.86 S2 1892.17 S3 1889.46
    Resistance Level: R1 1902.26 R2 1904.97 R3 1908.66

    Silver Price XAG/USD Rising the Channel US Election Polls To Probe Risks

    Silver Bounces back above at the immediate level to the bullish channel that picking up the bids near to the level by $24.17% upto the 0.16% intraday during the early Wednesday.

    Technically the 200 HMA and the lower line that stated the channel around at the level by $24.00 will see the previous resistance at the level $23.80 challenges to the silver bears.

    Meanwhile, $24.50 can offer immediate resistance to the bullion ahead of probing the channel’s upper line near the level of $24.62.

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  • xtreamforex26
    Technical Analysis of AUD USD or GBP USD

    AUD/USD Price Falls Back to Level at 0.70 to Biased Bearish

    The AUD/USD seems to the sessions low to the early trading session hours that faced the rejection to the level by 0.7025 to the release china Manufacturing PMI.

    The AUD/USD pair daily chart indicators suggested the risk to the downside. If you identify the trend changes and trend strength that producing the deeper to bar below the zero lines. Its daily chart shows the lower highs and the lower setup that seems on the daily chart that indicates the bearish control to the deeper support levels 0.6921 and the 0.68 to the 200 day Simple Moving Average. The AUD/USD pair was previously close at the level of 0.726.

    Support Level: S1 0.6992 S2 0.6984 S3 0.6972
    Resistance Level: R1 0.7013 R2 0.7024 R3 0.7033

    GBP/USD Pair Shows on Downside to Risks Skewed

    The daily chart of the GBP/USD pair will be crossed below zero and indicating a bullish trend to change. The 5 and the 10-day simple moving average is trending to the bearish setup.
    The GBP/USD pair relative strength index seems below the level by 50 to the negative reading.

    The GBP/USD risks are falling to the 100-day to the simple moving average that located to the level by 1.2876. According to the press time the pair is trading at the level 1.2930 that representing the gain to the day with the trendline that rising to the lows last week. The pair were previously closed at level 1.2941.

    Support Level: S1 1.2894 S2 1.2882 S3 1.2866
    Resistance Level: R1 1.2921 R2 1.2938 R3 1.2949

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  • xtreamforex26
    Technical Analysis of EUR/USD

    EUR/USD Price Puts the Gains at Level 61.8% Fib Again

    The EUR/USD pairs seem on bulls that having a tough time that breaching a key Fibonacci to the hurdle for the fourth straight trading day.

    The pair is currently trading at the largely unchanged on the day near at the level 1.1850 that have faced the rejection at the level 1.1859. The level will mark the level 61.8% Fibonacci hurdle this Wednesday.

    The Fibonacci retracement level marks at the level of 61.8% to sell-off at the level of 1.2011 to 1.1612. If we have a look at the daily chart of the relative strength index the MACD histogram is biased bullish low at the level 1.1612. The Pair was previously closed at level 1.1859.

    Support Level: 1.1831, 1.1829, 1.1825
    Resistance Level: 1.1838, 1.1841, 1.1844

    USD/CAD Price Shows the Better Bid at the Falling Trendline

    The Canadian dollar is losing ground close by the losses in oil and pushing USD/CAD higher.

    The currency pair is at present trading close to the level 1.3155, which is the opposite of the trendline associating Sept. 30 and Oct.15 highs. Be that as it may, a move over the askew obstruction line may not be sufficient to tempt more grounded chart driven buying. That is on the grounds that few key opposition levels are lined over the trendline obstacle.

    For example, the 50-day moving normal (MA) is situated at the level 1.3195, and a lower high is seen at 1.3260 (Oct. 15 high). Every day close over the lower high is expected to confirm a bullish inversion. Then again, the Oct.21 low of 1.3081 is the level to beat for the sellers. The Pair was previously closed at level 1.3121.

    Support Level: 1.3149,1.3144, 1.3140
    Resistance Level: 1.3158,1.3162, 1.3167

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  • xtreamforex26
    Technical Analysis of Bitcoin

    Bitcoin Price Liftoff at the level of $28,000

    The bitcoin seems the uptrend that will follow the uptrend again with the various extreme losses that will test the level at $11,800.

    Moreover, the BTC/USD is traded at the level of $11,200 before going to resume the uptrend.
    Notwithstanding, he is certain that the leader's digital currency will take off to the level of $28,000. In addition, the gracefully ready to move will undoubtedly decrease as foundations and governments will straightforwardly buy Bitcoin from miners.

    The bitcoin is trading at the level of $11,430 after the recovery of the dip that dragged to the level at $11,200 on Friday. If we have a look at the daily chart the formation of the symmetrical triangle pattern breakout to $12,000.

    Bitcoin's present moment and medium-term bullish viewpoint is stressed by the Relative Strength Index (RSI) 's recuperation from the midline. Quite, trading above $11,800 may call for more purchase orders, making Bitcoin's volume to hop above $12,000.

    The BTC/USD pair was previously closed at the level volume by $1,232.

    Support Level:11437.3,11433.7,11426.3
    Resistance Level: 11448.2, 11455.5, 11459.1

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  • xtreamforex26
    Technical Analysis of EUR/USD

    EUR/USD Price Flashing the Red Chart Breakout

    The EUR/USD price is trading shows the bullish on the daily chart pattern according to the press time. EUR/USD price will jump at the level 0.61% that formed the bullish maruboze candle that conforming the break on the bearish channel to the trend line connecting to the highs on Sep 21 and lows on Sep 25.

    The pair is at present drifting close to the level 1.1815, expressing to a 0.15% loss on the day. The resurgence of COVID over the Eurozone is by all accounts weighing over the mutual price.

    All things considered, the movement will stay bullish while the pair is held over Friday's low to level 1.1752. The pair were previously closed at the level 1.1824.

    Support Level: S1 1.1815, S2 1.1812, S3 1.1815
    Resistance Level: R1 1.1822, R2 1.1826, R3 1.1829

    AUD/USD Price Rejected the Bearish Trendline at 6-Week Chart

    The AUD/USD pair will be currently traded at the level 0.7216 that facing the rejection at the level 0.7234.

    Some of the Indicators like the MACD histogram and the 14-day relative quality file are revealing bullish conditions. As it were, they have adjusted for a potential gain break of the bearish trendline.

    Whenever followed by a move below Friday's low of 0.7162, the most recent release at the trendline obstacle would confirm a finish of the motion from the Sept. 25 low of 0.7006 and inversion lower.

    The pair were previously closed at the level 0.7239.

    Support Level: S1 0.7225, S2 0.7221, S30.7218
    Resistance Level: R1 0.7233, R2 0.7237 , R3 0.7240

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  • xtreamforex26
    Technical Analysis of Bitcoin & Ethereum

    Bitcoin Screams Sell and Ethereum Eyeing on Breakout Cusps

    The Cryptocurrency Markets shook this week after releasing the news that surrounding the largest trading derivatives. Bitcoin tumbles to the level at $10,400 that recovering slightly at the level of $10,600. As we know that in the previous day the US President Donald Trump tested Positive from COVID-19 that lose the cryptocurrency dipped at the level to $10,400.

    Ethereum investigated levels below $320 twice in September. Different endeavors were made to pull the crypto above $400, however, little advancement was made above the level $390. Additionally, for as far back as about fourteen days, the cost has stayed topped under at the level $360., gotten an enormous beating a week ago, losing over 38% of its worth. Be that as it may, the losses were not novel to the decentralized money (Defi) token since driving advanced resources, for example, Bitcoin and Ethereum jumped to $10,400 and $335, separately.

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  • xtreamforex26
    Technical Analysis of EUR/ USD CAD

    EUR/USD Turns Bearish Seems on Weekly Indicators

    The EUR/USD pair could extend and decline at the level 1.77% to the crucial weekly chart to the indicators to the reporting bearish conditions.

    The MACD gauges trend seems the strength and trend changes that crossed to the below zero levels that indicating the Bullish to Bearish trend change. It will turn negative for the first time.

    Move Further from the 5 and 10-week simple moving average have produced the bearish crossover. The pair will likely to test to the resistance turned the support of the level at 1.1495. The EUR/USD is currently traded at level 1.1632 that declined to 1.1872 to 1.1612 to the last week.

    The pair was traded close above the level high at the level 1.1872 invalidate the bearish bias.

    USD/CAD Price on Double Tops Above the Level 1.3400

    The USD/USD seems traded at the level bids 1.3400 up to 0.07% during the Monday Trading Session. The loonie pair as of late took a U-abandon 21 and 50-HMA conversion, which thus takes information from MACD to claim the earlier week's highs set apart on Thursday and Friday.

    Thinking about the quality of the bullish force, not to overlook solid drawback underpins, the statement is probably going to break 1.3418/20 opposition and focus on July 30 top close to the level 1.3460.

    Notwithstanding, USD/CAD upside past-1.3460 will be addressed by the June 23 low at the level of 1.3485 and the 1.3500 limits.

    Unexpectedly, a drawback break of the previously mentioned HMAs close to the level 1.3380/85 will take a lay on the upward inclining pattern line from September 22, at 1.3350 at this point.

    For a place where USD/CAD costs slip below at the level 1.3350, another helpline from September 18, at present around 1.3310, will be the key.

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  • xtreamforex26
    Technical Analysis of AUD/ GBP USD

    AUD/USD Price Seems Multiple Failure Above 10-day SMA

    AUD/USD is trading to a great extent unaltered on the day close to 0.7274 at press time, having confronted dismissal over the 10-day straightforward moving normal (SMA) 0.7285 early today.

    The Aussie bulls have neglected to keep increases over the 10-day SMA in five out of the last six trading days.

    Readers should take note that the 10-day SMA has finished out and is drifting south, demonstrating a bearish arrangement. All things considered, the repeated inability to beat that diving normal could be taken as a notice of a rising pullback.

    The immediate help is seen at 0.7192 (Sept. 9 low), which, whenever entered, would build up a bearish lower high, lower low arrangement, and reveal the mysterious degree of 0.70. On the higher side, the Sept. 10 high of 0.7325 is the level to beat for the bulls.

    EUR/USD Pair Indecision Suggest Doji Weekly

    EUR/USD made a Doji candle a week ago as it turned the two different ways before printing a level close.

    The Doji shows uncertainty in the business center. Thusly, the predisposition will stay impartial while the conversion standard is held inside the Doji's high and low at the level of 1.1918 to 1.1753.

    A move below 1.1753 would confirm a bearish Doji inversion example and open the entryways for 1.1495 (March 9 high). On the other hand, a break above 1.1918 would flag a resumption of the more extensive upturn and uncover late highs above 1.20.

    The pair is trading generally unaltered on the day at the level 1.1838.

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  • xtreamforex26
    Technical Analysis of EUR/ GBP USD

    EUR/USD Defend For the Bulls to Defend at the level 1.18

    The EUR/USD pair will be traded in a sidelined to the near at the level 1.1837 during this Monday Morning according to the Asian Hours.

    The pair will be created the long-tailed candle for the second straight day on this Friday marking to the bear failure below the support level 1.18 and shows the signaling for the reversal higher.

    Nonetheless, a move over Friday's high of 1.1865 is expected to confirm a finish of a pullback from the ongoing high of the level 1.2011 and set the bulls back into the driver's seat. On the other hand, a break under trendline ascending from May 14 and July 1 highs would suggest a bullish-to-bearish pattern change. At press time, the trendline uphold is situated at the level at 1.1765.

    GBP/USD Old Line Goes Around 1.3250 Seller attack at Seven-Week Support Line

    The GBP/USD pair remains on the back foot to the declining level to the 1.3248 goes down 0.23% on the day during the early Monday Trading.

    In doing as such, the Cable affronts Friday's Doji light, suggesting an inversion of the past bearish move, in the midst of increasing chances of a no-deal Brexit.

    The statement as of now trades almost a momentary helpline, at 1.3245 presently, sponsored by the bearish MACD signals.

    In any case, 21-day SMA and a two-month-old rising pattern line, separately around 1.3185 and 1.3140 can scrutinize the traders after.

    Then again, a day by day shutting past the 10-day SMA level of 1.3282 will stand up to a momentary flat opposition around the level 1.3360.

    For a situation where the bulls figure out how to cross 1.3360, 1.3400 round-figures, and the as of late reflected multi-week high around 1.3480/85 will be at the center of the spotlight.

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