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Gold analysis


Gold prices continue to decline, as they reached the main support level 1921.50, achieving all its bearish targets, with the closing of last week's trading below the support level 1935.00. It is expected that gold will attempt to breach the level of 1921.50 and the target to reach the level …

GBP/USD currency pair analysis


The pound sterling against the dollar continues its low movement with the opening of the week's trading. This is after the strong decline that we witnessed with the closing of last week's trading, where the price breached the main support level 1.2990 and fell strongly to the target 1.2850.

The …

Trading idea for Lufthansa AG (XETRA)


#LHA

The trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trading idea:

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

Stop-loss: 7.670.

Target levels: 6.664; …

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