The GBP/USD pair continues to move sideways over the medium term. It tried to test the resistance level 1.2590 again and failed to breach it, to rebound downwards towards the support level 1.2470, which constitutes the minimum sideways path.
The EMA50 is negatively pressing the price and preventing it from …
The euro against the dollar pair returns to rise and test the resistance 1.0750 again in an attempt to breach it, as it tests this resistance for the third time in two weeks.
We notice that the price forms a continuation triangle for us, which is completed by the price …
#CHINAMOB
The trend is ascendant. The support level 50.00 restrains sellers. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when 50.50 level is breached.
Stop-loss: 50.00.
Target levels: 51.27; 52.75.
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