XAU/USD sees upside above $1830 ahead of downbeat US Durable Goods Orders

Gold price is expected to display an upside movement above $1,830.00. A downbeat performance looks likely from the US Durable Goods Orders. The gold prices are expected to display a lackluster performance on a symmetrical triangle formation. Gold price (XAU/USD) has displayed topsy-turvy moves in a range of $1,821.88-1,831.87 on Friday. The precious metal is … Read more

A range expansion looks likely above 1.0600

A Darvas Box formation is indicating a volatility contraction in the asset. The RSI (14) is attempting to shift into the bullish range of 60.00-80.00. The shared currency bulls have defended the 20-EMA confidently. The EUR/USD pair is displaying a sideways move after a minor correction from the round-level resistance of 1.0600. On a broader … Read more

Darvas Box favors volatility expansion above 1.2600

Overlapping of the 200-EMA with the cable price adds to the consolidation filters. The Darvas Box formation is hitting for an extreme squeeze in volatility. A 40.00-60.00 range by the RSI (14) is indicating the unavailability of momentum in the counter. The GBP/USD pair is oscillating in a narrow range of 1.2530-1.2550 in Tokyo. On … Read more