GBPJPY now sell GBPJPY signaling a trendless market. Similarly the RSI continues to hover around confirming the current indecisiveness of market participants. More importantly, the stochastic oscillator is trying to edge above its moving average, but such a move needs to pick up pace in order to be seen as a strong signal
Forextargets
Xauusd continue flying buying planes of buy bullish Xauusd Higher bond yields weigh on Gold as they increase the opportunity cost of investing in it However Gold has performed strongly in the past few weeks despite rising bond yields amid geopolitical tensions in the Middle East region As a safe-haven asset Gold demand from investors and central banks increases at times of global economic uncertainty and worsening geopolitical tensions
GBPJPY sell opportunity strong and big fall soon GBPJPY falling soon which is generally considered a signal of weakening momentum often followed by pullbacks or reversals In this case it might be a signal for a pullback into the lowered bound Of the channel but we will need a catalyst to kick off such a big corrections
Xauusd buy all time high XAUUSD will hold its March meeting this week Although the central is largely expected to keep its policy settings unchanged the institution led by Jerome Powell could modify its forward guidance and adjust its outlook in the quarterly summary of economic projections in light Of gold