Forex Currency and Gold Analysis
| Time : 11.42 PM = 8.00 + GMT | |
| FOREX AND GOLD ANALYSIS | |
| Indicators used: Bollinger band, NonLag MA 7.1, EMA 5,10,25, Trend Magic, Shi Silver, GP Reverse,Super Signal V3, BB Stop, RSI(10), Trend Continuation, Kuskus_Starlight 2 | |
| Currency pairs and Gold | Comments |
| EURUSD H1 | Prices tend to pick up slightly after reversal up indicators with EMA lines, NonLagMA are all still below middle band of Bollinger. BB Stops is stiil with its down indication. Indicators like RSI(10), Trend Continuation and Kuskus_Starlight are still moving below their level lines. Chances the price to move up further if it can break middle band. |
| USDCHF H1 | The prices are at the up trend area of Bollinger. The indicators are all above level lines indicating that the prices are still in strong up area. The price move further down if it could break the middle band line. |
| GBPUSD H1 | The prices are moving down in the down trend area of Bollinger. Most of the indicators are showing downward but slow movement. |
| USDJPY H1 | The prices are turning down in response to reversal indicators . After crossing up the middle band the price tends to come back and even reaching the middle line but most indicators are showing sideway movement indicating that there is no right direction yet. Infact it can go either way. |
| Gold H1 | Gold prices are moving sideway in a squeeze Bollinger Band confirmed by all indicators showing at the same direction. |
