Here is what I think. We all know the interest rates are now going to stay unchanged for a while, at least for June and very likely July. Likely chances of Brexit to happen is 50/50, (if I am reading and hearing the right stuf). So where does Gold go? Right now, Gold is indeed one of the best safe heaven for investors and chances are price will move up until...
Price closed above the 61%, this represents a good buying opportunity. MA50 also crossed above 200. Price expected to open higher.
SNE is hovering near the 61% Fib retracement. There is also renewed hope of a positive growth outlook among investors. Time to buy SNE?
The pair may be continuing its short term up trend.
Looks lke the 50MA is heading toward crossing 200MA. This could be a change to go long.
enter short on break below 1206, short term target 1175-1165, further down depends on the rate hike which may not happen in June, so price may test the upper channel
DPW is attempting to break the 26.68 Barrier, target 27.46 and 28.62. Can the ECB help the course
Price may test the upper trend line but long term target 1.05 region. Hawkish Fed VS Dovish ECB. Volatility ahead in June
All eyes on a June Rate hike, if price hold above 1215 to 1206 till end of May, we may see price rising up to 1250. But long term bearish.
If the trend continues and breaks the 2100 barrier, we may be heading for a new high.