FxWirePro: GBP/AUD uptrend looks tired, but continues to hold 
FxWirePro- ONDOUSD (Chart of the day) 
FxWirePro- BGBUSD (Chart of the day) 
FxWirePro:EUR/NZD uptrend intact, prepping for key resistance breakout 
FxWirePro:GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip 
FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level 
FxWirePro:EUR/NZD buoyancy keeps consolidation intact, set for further gains 
FxWirePro: EUR/AUD getting back on track for run towards 1.6650 level 
FxWirePro:EUR/NZD maintains bullish bias with focus on 1.8150 level 
FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains 
FxWirePro: EUR/NZD sustains gains despite on going geopolitical risks 
FxWirePro- Silver Daily Outlook 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro:EUR/NZD getting back on track for run toward 1.8100 level 
FxWirePro: GBP/AUD under pressure after early buying dries up 
FxWirePro: EUR/AUD loses momentum but outlook is bullish 
Gold (XAUUSD) breaks out above $1,400/mt on a perfect mix of ingredients, the gold is likely to drive up to the next strong supply zone of $1,500/mt in the long-run.
Technically, hanging man and gravestone doji have occurred at the peaks of the rallies at 1430.76 and 1425.47 levels respectively.
These candles are bearish nature that signal overbought pressures now, consequently, the price plummets below DMAs with bearish DMA and MACD crossovers. For now, the strong support is seen at 1401.55 levels, any breach below would drag the price dips up to 1382 levels.
On monthly terms, bulls break-out the stiff resistance and hamper the potential triple top formation. As a result, the current prices spike off well above EMAs with bullish crossovers, thus, we could foresee the uptrend is most likely to prolong further as both RSI and stochastic oscillators indicate the intensified buying momentum.
The buying sentiment intensifying bullion market stronger, having broken the 6-year resistance levels of $1,400/oz and having largely consolidated between $1,200 to $1,400 for the better part of three years.
On trading grounds, at spot reference: 1405, one can think of tunnel options spread strategy with upper strikes of 1410 and lower strikes of 1401 levels.
Alternatively, on hedging grounds, we advocated long positions in CME gold contracts. We now like to uphold the same strategy by rolling over the contracts for July’19 delivery as we could foresee more upside risks.
Currency Strength Index: FxWirePro's hourly EUR is at 37 (bullish), the hourly USD spot index was at -42 (bearish) while articulating (at 11:00 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
