Weekly Forex Trading Signals For 09.16- 09.22.2024

androidXNGUSD

In the Daily timeframe, XNGUSD navigates in an uptrend and faces the crucial 2.60 resistance, aligned with the 38.2 Fibonacci ratio. 
•If XNGUSD overcomes the resistance of 2.60, the target is likely to be at 3.20;
•A rebound from the 38.2 Fibonacci ratio may drop the price to the 2.150 support.

androidNZDUSD

NZDUSD faces a critical resistance area at 0.6180, aligned with the golden Fibonacci pocket. %R is in the oversold zone, which suggests a potential bullish scenario. 
•If the bulls push the price above the 0.6180 level, the target may be the 0.6360 resistance;
•If the price fails to break above the golden Fibonacci ratio, it could take NZDUSD back to 0.6050.

androidXAGUSD

XAGUSD is currently trading within a descending channel and is testing the 30.30 resistance, which aligns with the golden Fibonacci pocket. The Stochastic oscillator signals overbought conditions, while the RSI crossing above the 50-line gives mixed signals for the asset. •If the price breaks above the 30.30 resistance, it may open the way to the 32.30 resistance;•If the price breaks above the 30.30 resistance, it may open the way to the 32.30 resistance;

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