The yen and other safe-haven currencies were in demand on Monday, along with assets such as gold, as investors fretted that the killing of Iran’s most prominent military commander by the United States could trigger a broader Middle East conflict.
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USD/CNY consolidates around 6.9050 Mark, People’s Bank of China sets Yuan mid-point at 6.8822
We prefer to take short position on USD/CNY only below 6.8976, stop loss 6.92 and target of 6.8525.
It made intraday high at 6.9087 and low at 6.8976 levels.
NZ Dollar Falls as Aussie Consumer Sentiment Weakens
The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman.
GBPUSD Longs Favored Above 1.3050
GBPUSD bulls also took out descending channel resistance on the 25th of last month. I pointed out this new support area last Sunday.
USD Picture Stays Muddy After US Jobs Report
Gold Silver Reports (GSR) – The USD picture is clear as mud at the moment – with recent commodity dollar breakouts versus the greenback not seeing further progression today and USD/EM trade consolidating after their recent big run lower.
USDINR Report — Buy Between 70.50– 70.90 Target – 71.80 — 72.10
USDINR Report — Buy Between 70.50– 70.90 Stop Loss 70.20 Target – 71.80 — 72.10 Any Panic Buy and Relaxxxxxxxxx Technical Power of CFA’s(CHARTRED FINANCE ANALYST)“No Magic, No Miracle, Just Power of Level”Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical TeamMobile No. 9582247600 & 9899900589
Forex Tips – EUR/USD BUY CMP 1.15440 and Sleep Jackpot of the Year 2019, Buy Any Where Just Need Patience
Forex Tips – EUR/USD BUY CMP 1.15440 and Sleep Jackpot of the Year 2019, Buy Any Where Just Need Patience — Neal Bhai Repors (INDIA)
EURO/USD Below 1.13050 Sell on Rise or Wait Till Fed Meeting 18 Dec 2018 you will see Victoria Fall, Think What will Happen Comex Gold and Crude??
EURO/USD Below 1.13050 Sell on Rise or Wait Till Fed Meeting 18 Dec 2018 you will see Victoria Fall, Think What will Happen Comex Gold and Crude??
EUR/USD – Bullish on a Breakout – Neal Bhai Reports
With pressure building in the form of an ascending wedge just beneath strong resistance the euro is on the cusp of a breakout. There is a good amount of resistance in the area around 11720/50 which needs to be cleared through first before momentum has a chance at picking up.
EURUSD Requires Patience, and Lots of It – Gold Silver Reports
Monday’s session did just that. Sellers challenged 1.1530 but were unable to penetrate the level. That bounce from 1.1530 has led to today’s retest of the 1.1630 area.