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[XPD/USD]
Although there is an appearance of Bearish Divergence, but with the RSI(14) condition which is in the Neutral-Bullish level, along with the EMA(50) above the EMA(200), which indicates a Golden Cross condition, it suggests that the bias for XPD/USD remains in a strengthening condition today.
Key Levels
1. Resistance. 2 : 1927.35
2. Resistance. 1 : 1879.07
3. Pivot : 1822.99
4. Support. 1 : 1774.71
5. Support. 2 : 1718.63
Tactical Scenario:
Positive Reaction Zone: If the price of XPD/USD breaks out above 1822.99, there is potential to test the level at 1879.07.
Momentum Extension Bias: If 1879.07 is also exceeded, then there is potential for further strengthening up to 1927.35.
Invalidation Level / Bias Revision:
The upside bias weakens if the price of XPD/USD declines and closes below 1718.63.
Technical Summary:
EMA(50) : 1826.41
EMA(200): 1749.03
RSI(14) : 64.97 + Bearish Divergent
Economic News Release Agenda:
Tonight, when the U.S. market session opens, the following economic data will be released:
US - ADP Weekly Employment Change - Tentative
US - Prelim GDP q/q - 20:30 WIB
US - Core Durable Goods Orders m/m - 20:30 WIB
US - Durable Goods Orders m/m - 20:30 WIB
US - Prelim GDP Price Index q/q - 20:30 WIB
US - Capacity Utilization Rate - 21:15 WIB
US - Industrial Production m/m - 21:15 WIB
US - CB Consumer Confidence - 22:00 WIB
US - Richmond Manufacturing Index - 22:00 WIB
US - API Weekly Statistical Bulletin - 04:30 WIB
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
