EURUSD
The pair is in downtrend against the background of the full-on decline of USD rate due to the growing expectations of the Fed pausing the interest rate hikes this year.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought …
The price of gold rallied upwards to breake the 1295.00 level and settle above it, noting that the price completed the formation of a bullish triangle pattern shown in the picture, which is a positive incentive to push the price for further gains in the coming period
Therefore, the bullish …
GBPUSD has managed to surpass SMA 50 and hold above it, which supports our bullish outlook for the next few sessions and we believe that the way ahead is to achieve our main target at 1.2962.
To make sure, moving averages 7-20 should intersect with SMA 50.
Stochastic is in …
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