Gold Futures, H4 | Potential For Further Bullish Continuation!

Type: Bullish BounceKey Levels:Resistance: 1954.7Pivot: 1942.5Support: 1937.9Preferred Case:Prices are consolidating in a triangle pattern . We see the potential for further bullish continuation from our Pivot at 1942.5 in line graphical overlap and 23.6% Fibonacci retracement towards our 1st resistance at 1954.7 in line with 127.2% Fibonacci Projection . Prices trading above our Ichimoku cloud support.Alternative Scenario:If prices were to reverse, they can potentially reach our 1st support at 1937.9 in line with 38.2% Fibonacci projection .Fundamentals:With continuation of Russo-Ukraine invasions and inflation , we might expect a bullish turn towards the precious metal.

Source: Tickmill

JPY: no interventions. Overview for 15.04.2024

The Japanese yen, paired with the US dollar, continues its steep decline. The current USDJPY exchange rate stands at 153.82. Japan’s Finance Minister Shunichi Suzuki

Murrey Math Lines 15.04.2024 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar” EURUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. However, the RSI has

EUR continues to decline. Overview for 15.04.2024

The primary currency pair is below the previous level on Monday. The current EURUSD exchange rate stands at 1.0650. The US dollar strengthened its position

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