Gold touched its resistance 1515 after breakout of falling wedge in daily. Now its highly possible it will down to 1495 and 1485
On 6 Dec Eur started bear movement from key resistance area 1.11110 and trend line on daily time frame. As on Friday it makes bearish englufe candle so for now EUR USD is expected to continue down movement further, and now support for this pair is 1.1010 to 1.1020 level. Always trades with money management
GBP USD touched resistance area 1.3170 that is also touched daily and weekly trend lines and closed below the resistance. For now GBP USD support area is 1.2980 and it is expected bearish for this week and visit support. On other hand if GBP USD break successfully current resistance 1.3170 then next it can visit next support 1.3360-70 area.
NZDUSD make high of 0.6576 after breaking neck line of inverse head and shoulder and created a bulish channel on daily time frame, uper line of channel is now resistance area for this pair at 0.6580 to 0.6590 area. Now NZD USD is expected to bounce from this point and support area is 0.6440 to 0.6450. On the other hand because of invers head and shoulder it is...