Malaysia Number 1 Board


Advertise With Us Now


Sponsored By
InstaForex

Go Back   Malaysia Number 1 Board > Wealth Management > Forex Discussion

Forex Discussion Foreign Exchange Market Discussion


Reply
 
Thread Tools Display Modes
  #211  
Old 09-18-2017, 08:23 AM
FXTechstrategy FXTechstrategy is offline
Senior Member
 

Join Date: May 2016
Posts: 283
Default GOLD Targets Further Weakness Towards Psycho Support at 1,300.00 Zone

GOLD: The commodity closed lower the past week to open the door for more weakness. On the downside, support comes in at the 1,310.00 level where a break will turn attention to the 1,300.00 level. Further down, a cut through here will open the door for a move lower towards the 1,290.00 level. Below here if seen could trigger further downside pressure targeting the 1,280.00 level. Conversely, resistance resides at the 1,330.00 level where a break will aim at the 1,340.00 level. A turn above there will expose the 1,350.00 level. Further out, resistance stands at the 1,360.00 level. All in all, GOLD looks to weaken further.

Reply With Quote
  #212  
Old 09-18-2017, 11:19 PM
FXTechstrategy FXTechstrategy is offline
Senior Member
 

Join Date: May 2016
Posts: 283
Default EURJPY Resumes Broader Uptrend, Remains On THe Offensive

EURJPY: The pair remains offensive following its trend resumption the past week. On the downside, support comes in at the 133.00 level where a break if seen will aim at the 132.50 level. A cut through here will turn focus to the 132.00 level and possibly lower towards the 131.50 level. On the upside, resistance resides at the 132.00 level. Further out, we envisage a possible move towards the 133.50 level. Further out, resistance resides at the 134.00 level with a turn above here aiming at the 134.50 level. On the whole, EURJPY faces further bull pressure in the days ahead.

Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump


All times are GMT +8. The time now is 07:11 PM.




Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.