SRTRADINGCLUB0082

SRTRADINGCLUB0082

XAUUSD Technical Analysis 08.06.2022 1h chart – Previous Daily candle closed Bullish within 1852.650 forming Daily Support at 1842.100. – Buys on close above 1856.400 targeting 1h Resistance at around 1863.400 leaving Runners to Daily Resistance formed on (03.06.2022) at around 1868.800. – Sells on close below 1848.800 targeting Daily Recent Support formed on...

SRTRADINGCLUB0082

XAUUSD Technical Analysis 07.06.2022 1h chart – Previous Daily candle closed Bearish at 1842 just above Daily Support formed on 1st June 2022. – Buys on close above 1844.300 targeting 1h previous Support at 1849.000 leaving Runners to 1h strong Resistance at 1854.000 to possibly retest the Weekly Resistance area. – Sells on close below 1837.500 as price breaking...

SRTRADINGCLUB0082

XAUUSD Technical Analysis 06.06.2022 1h chart – Another Monthly candle closing Bearish on Gold respecting the current Bearish structure as the previous Monthly candle tapped Monthly Support at 1800 area formed on FEB 2022 and the previous Weekly candle closing Doji Bearish there could be a higher probability for a Wick Fill on the Monthly to 1800 again tapping the...

SRTRADINGCLUB0082

XAUUSD Technical Analysis 03.06.2022 1h chart – Previous Daily candle closed strong Bullish at 1869 breaking the previous Weekly High and closing above strong Daily Resistance formed on (25.05.2022) as ADP Numbers were a lot worse than forecast. – Buys on close above 1870.500 targeting 1h Resistance at 1875.100 leaving Runners to 1h Resistance at 1881.300. – Sells...

SRTRADINGCLUB0082

– Previous Daily candle closed Bullish forming Support at 1838.000 on the Daily timeframe. – Buys on close above 1849.900 targeting Daily Resistance around 1855.600 leaving Runners to 1h Strong Resistance at 1859.300. – Sells on close below 1843.000 targeting most recent Daily Support at 1838.000 leaving Runners to 4h Support at around 1830.200. – We have ADP...

SRTRADINGCLUB0082

– As May Monthly candle closed Bearish tapping into Monthly Support formed on FEB 2022 at around 1790. 1790 is also a strong Weekly Support that was held from the last quarter of 2021 until Feb 2022. – Previous Daily candle closed Bearish breaking below the most recent Daily Support formed around 1850. – Buys on a close above 1841.500 targeting 1h Resistance at...

SRTRADINGCLUB0082

Previous Daily candle broke and closed above the most recent Daily Resistance formed on (24.05.2022). – Buys on close above 161.540 targeting 4h Resistance at 161.840 leaving Runners to 4h previous Support from (05.05.2022) at around 162.180. – Sells on close below 161.240 leaving Runners to Daily previous Resistance formed on (24.05.2022) at around 160.980...

SRTRADINGCLUB0082

– Previous Daily candle closed weak bullish leaving the Rejection wick at 1864.250 rejecting the most recent Daily Resistance from (25.05.2022). – Buys on close above 1862.800 targeting 4h Resistance at 1867.400 leaving Runners to 4h previous Support formed on (06.05.2022) at around 1872.400. – Sells on close below 1853.400 targeting 30min Support at 1848.400...

SRTRADINGCLUB0082

USD/CAD slides to 1.2675-70 region, back closer to weekly low amid softer USD The USD/CAD pair edged lower through the early European session and dropped to a fresh daily low, around the 1.2675 region in the last hour.

SRTRADINGCLUB0082

AUD/USD: Battles 0.7200, upside remains favored above 50-DMA AUD/USD is battling 0.7200, trimming a minor portion of its Asian advance, as bulls turn cautious heading into European trading. Technical Overview The AUD/USD pair advanced for a fourth consecutive day but was unable to hold on to gains and is currently hovering around the 61.8% retracement of its...

SRTRADINGCLUB0082

EUR/USD: Better bid above 1.1350 amid hopes for diplomacy over Ukraine EUR/USD is looking to break higher from 1.1350-1.1370 on optimism for diplomacy on the Blinkin-Lavrov meeting next week. The US dollar holds steady as risk sentiment improves amid easing fears over an imminent Russian invasion of Ukraine. Fedspeak, Biden's meeting in Technical Overview On...

SRTRADINGCLUB0082

GBP/JPY is pressing up against the weekly neckline of the inverse head and shoulders, although the Russian risk is preventing bulls from breaking higher on lower time frame advances. Nonetheless, a weekly bullish candle close on Friday will leave the bulls in good stead for the foreseeable future:The inverse head and shoulders is a bullish chart pattern, although...

SRTRADINGCLUB0082

GBP/USD clings to daily gains above 1.3600 GBP/USD preserves its bullish momentum and continues to trade in the positive territory above 1.3600 in the second half of the day on Thursday. Mixed macroeconomic data releases from the US failed to trigger a The pair continues to trade above the 200-period SMA on the four-hour chart and the Relative Strength Index...

SRTRADINGCLUB0082

Gold extends rally, closes in on $1,900 amid risk aversion Gold continues to push higher toward $1,900 on Thursday as investors grow increasingly concerned about a military conflict between Russia and Ukraine. The US Envoy to the UN said on Thursday that evidence on the ground suggests that Russia is moving towards an "imminent invasion" of Ukraine. From a...

SRTRADINGCLUB0082

WTI stages a sold comeback from 21-DMA on escalating Russia-Ukraine tensions WTI (NYMEX futures) is staging a solid rebound from near the $88.00 region, snapping a two-day downtrend, in the wake of the escalation in the Russian-Ukraine conflict.

SRTRADINGCLUB0082

US Dollar Index regains poise and retests 96.00 ahead of data The greenback regains composure and manages to leave behind part of the recent weakness when tracked by the US Dollar Index (DXY).

SRTRADINGCLUB0082

NZD/USD remains pressured near the two-week low flashed the previous day. Failure to regain beyond 100-SMA, descending RSI direct sellers toward 200-SMA. Bulls need to cross 10-day-old resistance line for fresh entry. NZD/USD takes offers to refresh the intraday low around 0.7060, down 0.18% on a day, after the corrective pullback from 11-day low...

SRTRADINGCLUB0082

AUD/USD seesaws near 0.7300 after flashing three-week low on strong USD AUD/USD consolidates recent losses close to 0.7300 during the second weekly fall amid Friday’s Asian session. The Aussie pair dropped to the lowest since August 27 the previous day amid broad US dollar strength, as well as downbeat catalysts at home.