Daily reviews

Gold price hovers around the 1825.15 level, facing strong resistance there. We wait for the negative momentum that appears on the stochastic indicator to pass. This will help the price obtain a positive stimulus that will contribute to pushing it up, breaching the mentioned level and then heading towards our …

The pound sterling against the dollar surged yesterday and breached the 1.3530 level; now it is heading towards more rise in the intraday term and is about to test the 23.6% Fibonacci retracement level. Breaching this level will extend the bullish wave to aim directly at 1.3730.

Therefore, the bullish …

Gold price continues to rally bullishly, to approach the expected positive target at 1825.15. It might also surpass this level to open the way for additional gains that reach 1860.00.

The moving average of 50 supports the price from below, therefore, a bullish trend is likely for the upcoming period, …

The GBP/USD pair rebounded temporarily after approaching our awaited target at 1.3415, and we notice that the stochastic indicator begins to cross to negative signs now. We expect that to contribute to pushing the price down to resume the descending wave, noting that breaking the mentioned level will push the …

#GLEN

The overall trend is upward. The share trades in the range of 365 and 135 moving averages. The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions

Trading idea:

Buy when an ascending wave pattern is formed, where the …

CAD/CHF

The five-wave downward wave structure has tested the lower boundary of the ascending price channel. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. The mirror level 0.7314 holds the sellers back.

CAD/CHF rate online: monitor the price movement in real time.

Trading idea: …

News for today, November 8:

Gold rose in Asia Monday morning, hitting a two-month high. Gold futures were up 0.18% to $ 1,820.10 by 11:36 PM ET (3:36 GMT). The price remained above the $ 1,800 mark after hitting its highest level since September 7 at the start of the …

USD/CAD

The overall trend is downward. The ascending wave pattern of the H1 level is truncated. The currency pair trades in the range of 365 and 135 moving averages. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.

USD/CAD rate online: monitor the price movement …

The GBP/USD pair succeeded in achieving our awaited target at 1.3605 and started rebounding upwards from there, heading towards a possible test of 1.3665 initially. Breaching this level will extend the bullish wave to reach 1.3720 as the next positive station.

Therefore, the bullish bias will be likely for today …

Gold price resumed its negative trading to drop below the 1785.00 level and pave the way to continue the decline on the intraday term. The way is open to head towards our first awaited negative target at 1770.00, reminding you that breaking this level will push the price to 1735.00 …