The resistance line 157.78 restrains buyers. The ascending truncated wave of H4 level has finished with piercing the inclined channel. Awesome Oscillator indicates bearish divergence and Stochastic Oscillator’s moving levels have gone outside overbought zone forming bearish divergence.
Trading idea:
Sell below support line 156.72. (When a descending wave pattern …
The pound sterling against the dollar succeeded in surpassing the 1.3660 level and settling above it, which supports the continuation of our bullish trend expectations in the upcoming sessions, and the way is open to visit 1.3785 then 1.3815 as the next main targets.
The ascending channel continues organizing the …
The gold price reached a few points from our awaited target at 1825.15, and it shows some slight bearish bias now, affected by the negativity of the stochastic indicator, while the EMA50 provides positive support for the price to encourage us to suggest more bullish bias during the upcoming sessions, …
Don't have your language?
