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Wednesday, April 21, 2021

Gold and silver weaken as US-China tensions ease

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Trade setup: Nifty likely to witness more weakness; remain extremely cautious

Weakness should not be used to create incremental shorts. It is important to note that the Nifty is still inside the falling channel and...

E-mini Unlikely To Have Fourth Consecutive Bear Day

Pre-Open market analysis of daily chart Yesterday was the third consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These...

Gold futures at Multi Commodity Exchange (MCX) for October pared morning gains and was at Rs 50,984 per 10 gram in early afternoon trade. It opened at Rs 51,165 and touched a high of Rs 51,184.

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Trade setup: Nifty likely to witness more weakness; remain extremely cautious

Weakness should not be used to create incremental shorts. It is important to note that the Nifty is still inside the falling channel and...

E-mini Unlikely To Have Fourth Consecutive Bear Day

Pre-Open market analysis of daily chart Yesterday was the third consecutive bear day. The bear bodies are getting bigger so the momentum down is increasing. These...

AUD/USD Reversal

AUD/USD is currently at 0.7719 after a reversal in a range. We are looking for an immediate move to the ATR Target at...