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  • #16
    Technical Analysis on EUR USD/ AUD USD

    EUR/USD Price Pullsback the 200 HMA Give Mixed Clues from US Presidential Election

    The EUR/USD trims the early Asian gains that recently decline to the 1.1720 this Thursday. In this pair, we will mark another pullback from the 200 HMA needless that mentions the multiple failures that crossing a descending trendline.

    During the EUR/USD bears' strength past-1.1700, Monday's top close to 1.1625 can offer halfway pushes forward of featuring the month to a month low of 1.1602.

    Other than the specialized levels, vulnerability encompassing US official races 2020 likewise burdens the statement. In spite of the fact that the Democratic Party's up-and-comer Joe Biden is driving the race with the ongoing triumph in Michigan, the current US President Donald Trump tests polling form including in the key state Pennsylvania to challenge his opponent.

    Then, the 1.1745 level containing the state pattern line opposition will challenge the statement's ascent past-200-HMA level of 1.1730.

    AUD/USD Price Stuck With Symmetrical Triangle below at 0.7200

    AUD/USD falters around 0.7170/75 while heading into Thursday's European meeting open. The pair rose to a three-week high the earlier day prior to moving away from 0.7222.

    Nonetheless, an effective U-abandon 200-hour EMA and a rising pattern line from November 02 join solid RSI conditions to support the buyers.

    Thus, AUD/USD bulls anticipate new passages over the obstruction line of the adjoining triangle, at the level 0.7185 presently, prior to focusing on the 0.7200 and Wednesday's top close to 0.7225.

    Additionally prone to challenge the AUD/USD bears is a 200-hour EMA line close to 0.7095, a break of which can test the previous low of the level by 0.7048.

    To know more visit https://bullseyemarkets.com


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    • #17
      Technical Analysis on Gold & Silver

      Gold Price Vulnerable Remains For COVID-19 Vaccine Hopes

      The XAU/USD pair continues to the bearish hopes for the consolidation that following the 5% slump. The Technical Confluences Indicators of the pair indicate the recovery of the attempts that seem below the resistance level at $1875 for the convergence of the previous week low and the Fibonacci 61.8% one-day.

      The Stack for the minor support level is awaiting around at the level by $1867 levels SMA 10 one hour to the Fibonacci 38.2% to the SMA5 four Hour.

      The break will below the level by the previous month with a low level of $1860. The Fierce $1850 support see at the pivot point for the one month S1 to the beat the level by the XAU bears.

      Silver Price Trying to Retake the Control Above the level $24.00


      The Silver price takes the U-turn from the Intraday low that rising the $24.25 to this Thursday. In the metal buyers that falling the trend line to the Tuesday and the 50% Fibonacci Retracement to the level upside.

      The Normal RSI Conditions favoring the continuation of the corrective recovery to the bullion to overcome the $24.30 immediate resistance near the $24.40 to challenge the bull’s level. Meanwhile, 61.8% Fibonacci retracement level near $23.90 offers nearby support to watch should the commodity refreshes intraday low of $24.09.

      In the Past silver seller, the price dominates the level at -$23.90 to the ascending trendline to the previous Wednesday at the level by $23.80 to the spotlight.

      To know more visit https://bullseyemarkets.com

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      • #18
        Technical Analysis on EUR USD or AUD USD

        EUR/USD Pair Makes the Moves to High On Monday's

        Acknowledgment over that level would discredit the uncertainty signal by long wicks joined to Monday's light and suggest a continuation of the recovery rally from the Nov. 11 low of 1.1745 toward the Nov. 9 high of the level by 1.1920.

        On the other hand, a move below Monday's low of level 1.1814 would suggest a finish of the ricochet from the Nov. 11 low and move risk for a re-trial of 1.1745. A violation there would uncover the Nov. 4 low of 1.1602.

        The quick movement would stay nonpartisan as long as the pair is stuck inside Monday's trading of 1.1814-1.1869.

        AUD/USD Analysis Goes Up For the Bumpy Road Above at the Level 0.7300

        AUD/USD keeps mellow increases above at the level by 0.7300, presently around 0.7322, during early Tuesday.

        Among them, the month to a month high of the level 0.7340, set apart on November 09, could turn into the first to frustrate the transient buyers in front of guiding them to in excess of a three-week-old opposition line, close to 0.7370 at this point.

        For a situation where the AUD/USD bulls overlook RSI conditions, additionally beat the key protections expressed over, the 0.7400 round-figures and the yearly top encompassing 0.7440 will be at the center of attention.

        Then again, a drawback break of 0.7270/75 help conversion, including the expressed SMA and a fortnight-long rising pattern line, should slip below a momentary level zone around 0.7240/45 to review the bears.

        In general, the continuous potential gain force is probably going to proceed, however with a couple of remedial pullbacks.

        To know more visit https://bullseyemarkets.com

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