Gold is Range bound, resistance is at 1875 and 1752 is support, Currently gold is in uptrend for long term if it breaks the level of 1875. Aggressive traders can Buy.
Gold is overall in Downward Trend, Currently Looking for Short term Buying Opportunities.
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. The Canadian Manufacturing PMI data (Forecast: NA, Previous: 57.2) will be released later at 2230 (GMT+8). The OPEC+ will be holding their meetings today. Pay attention to whether the organization will make any changes to its planned oil production hike of 400,000...
Overall, NZD/USD is ranging across. Recently, NZD/USD traded into the resistance zone of 0.68400. New Zealand banks will be closed today in observance of New Year’s Day. Also, New Zealand banks will be closed tomorrow in observance of Second New Year’s Day. Expect lower trading volume and volatility during the usual New Zealand market hours. Currently, NZD/USD...
Overall, GBP/USD is trending upwards. Recently, GBP/USD broke above the key level of 1.35. UK banks will be closed today in observance of New Year’s Day. Expect lower trading volume and volatility during the usual UK market hours. GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000. Look for buying opportunities of GBP/USD.
Overall, EUR/USD is ranging across. Recently, EUR/USD trended into the resistance zone of 1.13800. The eurozone final manufacturing PMI data (Forecast: 58.0, Previous: 58.0) will be released later at 1700 (GMT+8). Currently, EUR/USD is testing resistance zone of 1.13800 and the next support zone is at 1.12000. Look for buying opportunities of EUR/USD
Overall, EUR/JPY is trending upwards. Recently, EUR/JPY traded up to the key level of 130. The eurozone final manufacturing PMI data (Forecast: 58.0, Previous: 58.0) will be released later at 1700 (GMT+8). Currently, EUR/JPY is testing to break above the key level of 131. Its next support zone is at 130.000 and its next resistance zone is at 131.500. Look for...
Gold currently is in Buying trend and looking for Buying Opportunities in it. We can expect a long term bullish pattern in Gold.
USDCAD currently break the trend line and looking for Short term Selling Opportunities, Proper Risk Management Applied.