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Gold price resumed its positive trading to reach the awaited target at 1825.15, and obtains continuous positive support from the EMA50. It supports the chances of surpassing this level and opening the way for extended gains that reach 1860.00.

Thus, we continue to suggest the bullish trend for the upcoming …

The overall trend is descendant. The currency pair trades in the range of 365 and 135 moving averages. The ascending wave pattern has completed breaching of the inclined channel. There is a bearish divergence on the Awesome Oscillator.

Trading idea:

Sell when 0.9008 is breached.

Stop loss: 0.9078.

Target levels: …

#F

The stocks trade in the range of 365 and 135 moving averages directed upward. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.

Trading idea:
Buy when the ascending wave pattern is formed, where the …

News for today, Monday, February 7

Jake Sullivan, Biden's security advisor, warned about soon Russian invasion: “Any day now, Russia could take military action against Ukraine”. US officials say, Russia has about 83 battalion tactical groups near the border of Ukraine, and 14 more are in transit. The conflict emerged …

Gold price conducted a new test for the 1797.00 level and rebounded upwards from there, to head towards resuming the expected bullish trend for the upcoming period, which targets the 1825.15 level as a first station, reminding you that breaching this level will push the price to 1860.00 as the …

The GBP/USD pair traded with noticeable negativity in the past sessions and made an attempt to break the 1.3525 level, and starts today with new negative attempts, while the EMA50 tries to protect the price from incurring more losses, in conjunction with the emergence of positive signs through the stochastic …

On the D1 timeframe the currency pair tests the upside boundary of the descendant price channel. The ascendant truncated wave structure of H2 level is finished with breaching through the inclined channel. Awesome Oscillator indicates bearish divergence.

Trade idea:

Sell when the secondary round level 1.2480 is breached.

Stop-loss — …

#MKS

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence. The share fluctuates between 365 and 135 moving averages.

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant truncated structure.

Stop-loss …

News for today, Friday, February 4

The US dollar decreased approx. by 2% this week, which is the most noticeable weekly drop since March 2020. On the other hand, EUR/USD is up 0.2% to 1.1456. The main reason for Euro’s increase is the ECB press conference following a policy meeting …

The GBP/USD pair managed to achieve our extended target at 1.3610 and is making attempts to breach it now, to indicate the price direction to confirm restoring the main bullish trend again, as we expect to achieve additional positive targets that reach 1.3685 then 1.3745.

Therefore, the bullish trend will …