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English, Hindi Speaking Classes Nagaland|Fastech Hospitality

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Learn Fluent English & Hindi in Nagaland

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Gold Price Forecast (XAUUSD): Levels In Focus| 2 Mar

Although, Gold Price Forecast remains bullish, as the price established fresh demand at 5325.440. In addition, during asian session the price formed higher high and low. Moreover, during the london open, the price established fresh intraday demand zone at 5325.440 on h1 . Meanwhile during london the gold price forecast remains bearish. As a result, sellers took control precisely and pushed down the price till 5374.700. Therefore the price will remain bullish until price closes below 5325.440 on h1.

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GBPUSD Forecast: Levels In Focus| 2 Mar

GBPUSD forecast may continues its bearish structure, meanwhile the GBPUSD forecast facing the rejection on h4 time frame previous support area at 1.33258 and dominate the price towards upside . Therefore, during the session GBPUSD forecast tried to establish the change of character on h1 time frame but failed. Moreover the price continued its bearish structure while establishing the fresh resistance is at  1.34506. If price closes above the 1.34539 on h1 time frame then the price may confirm the change of character and as a result 1.34539 may act as the fresh demand zone. Until that 1.34539 will act as the fresh resistance.

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USDJPY Forecast: Levels In Focus| 2 Mar

Although USDJPY Forecast may remains in the favor of buyers on m15, h1 and h4 time frame. Meanwhile the USDJPY forecast forming the higher high and higher low on m15 time frame and h1 time frame. Therefore during the asian, london session the price continued its bullish structure across all the major time frame. On the other hand the new york session continued the bullish momentum. As a result, as long as the price trades above the last support at 156.225 on h1 higher time frame. Furthermore bullish momentum remains intact until the price holds the last support at 156.225 on h1 higher time frame.

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EURUSD Forecast Today: Levels In Focus| 2 Mar

EURUSD forecast today remains bearish, as the price break the low during the london session on m15 and h1 time frame. As a result the price established change of character on m15 and h1 time frame, therefore the eurusd forecast today continued its bearish momentum while holding the last resistance. Moreover the price established character shift on m15 and h1 time frame towards the bearish side, meanwhile the price formed the new resistance at 1.18166 on h4 time frame.