Duncanmunyai

Duncanmunyai

-Bearish momentum -Trading on a previous key level -break above 2350 level indicates reversal momentum -break below 2350 level indicates a continuation to the down side

Duncanmunyai

USD/JPY Daily Timeframe -Depending on fundamentals and further technical analysis on the market open. - We shall be looking for sell opportunities and the reason for that is that the markets has reached the previous premium level (weak high) and formed a 1D shooting star (candle stick) -I advise we wait for the price to close below the previous daily low so...

Duncanmunyai

US30 -The price pushed up due to the result of CORE PCE releasing positive momentum for US30. - So according to the current state of the market , I expect US30 to touch 38790 to correct the positive momentum and then touch 39180 which will have a strong resistance level. -The condition will most likely stabilize above 38790 to continue the bullish trend. - Any...

Duncanmunyai

Gold rallies finishing with weekly gains ,ahead of US NFP data - Gold price increased to $2,088, marking a new significant increase in response to US economic reports and bond yield dynamics. - Mixed manufacturing (PMI) reports fuel Gold's ascents with ISM data indicating contraction in US manufacturing sector - Declining US Treasury yields bolster Gold's...