OfficialYaMarkets

OfficialYaMarkets

Sterling held onto a moderately bullish tone Tuesday, recording a fourth consecutive daily gain. From a technical standpoint, H4 recently knocked on the door of 1.29, a level that’s withstood two upside attempts this week. In spite of this, sellers offer a non-committal tone at the moment. As having said, 1.29 is proving a problematic hurdle to overpower on the H4...

OfficialYaMarkets

US dollar index sinking for a second consecutive session Tuesday, Gold extended gains. From the weekly timeframe, bullion is attempting to regain some status above support at $1,882, after missing channel resistance-turned support, etched from the high $1,703, by a hair. On the daily timeframe, room is seen for buyers until shaking hands with resistance at...

OfficialYaMarkets

Technically, observed crossing of 50ma above 200ma in 1hr chart makes more buying and formed a support at the same 50ma at 134.98. Daily perspective we see a upside bias till 136.50-137 zone followed by 139 which is fib 61.8% retracement zone. Current price says 135.75 can rise sharply till 13650/137 for the day. One can go for long as of today. Suggestion: BUY...

OfficialYaMarkets

Technically, GBPUSD holding abv 1.28 handle strongl and heading for 1.29 and sustain abv can test 1.32. Intraday perspective h4 chart holding above 50ma at 1.2822 and h1 200ma at 1.2822 saying 1.2820 a strong support for the day. One can build a buy positions for the upside target 1.2920 yesterday high also a 136ma too in h4, followed by 200ma at 1.3045 h4...

OfficialYaMarkets

Gold Technically forming a base around 1845-40 range and upside resisting at 1882-85 saying overall range 1840-90 for now. H4 timeframe at over bought zone and need to correct till 1860-65 zone again to bounce or if breaks there we can see a straight drop till 1848 sept 28th low. Meanwhile one can wait and either buy from low or sell from high 1880-85 zone which...