Sunday, December 27, 2020

USDJPY ,NZDUSD and GOLD ANALYSIS

 USDJPY H1 TIMEFRAME ANALYSIS :- The pair is showing some bullishness in the hourly timeframe as the price closed above 200 EMA but when looking to the bigger timeframe still the pair is hovering in a specific range and trying to give a breakout .Upside movement can bring the 104.50 and then the 104.80 level in sight .The RSI is showing the neutral range here so there is a good chance that the pair can make some good pips upside movement in favorable condition .Though a short term break down could bring the pair towards the 102.80 level again 

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Gold seems bearish

 Gold now slowly coming down after attaining the multi year high at 2040 level .If we can see the daily timeframe ,we can see that its in a ...