Yesterday, gold traded positively and rebounded to the upside, and was able to reach the resistance 1827.20, which constitutes the upper limit of the descending channel shown in the chart. Therefore, the price is considered to have achieved all its short-term targets. Therefore, the bearish trend scenario will continue as …
The pound sterling dollar pair starts an upward movement after it breached the resistance represented by the upper line of the descending channel shown in the chart. And settled above it to continue the bullish correction that appeared at the support 1.2170.
Therefore, the bullish movement will be likely during …
The EURUSD pair started a rebound to the upside and approached the resistance level 1.0475 in an attempt to correct the downside path. But it is facing negative pressures at the mentioned resistance represented by the EMA50, which is moving with the upper line of the descending channel and near …
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