Gold has been in the bearish trend, but got a reversal on all the moving averages on the upside. But this week being the NFP week, we will wait for a further fall. Mark the points and trend lines given in the chart for your next entries. The trades should not last for more than 2hours if you are an intraday trader.
USDJPY has been consistent with the approach to have a bullish trend overall ever since the US elections. We expect the price to rise further, but for a better long position, wait for the price to retrace down to the 200EMA or the trend line on the lower side.
The price of this pair has been trending overall ever since the bounce from the low of 0.59000. The strengthening of USD has made this pair to go for a correction, but it's back on the bullish trend on the chart. It will go higher. Swing traders can go with the trades on the points hitting the trend lines.
The price hit the long time support line, and saw a good rejection.
Oversold on all TFs
Bollinger Bands' lower area.
See a rise to atleast 1825.
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A quick trade for the broken trend of EURUSD. It is bullish and will go upwards eventually. But for now, it is going to touch the previous trend line which will act as support and then bounce up.
