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GBP/USD currency pair analysis

The pound sterling against the dollar made an attempt to break the 1.3525 level yesterday, but it could not hold for long below it, to fluctuate above it again, noting that the EMA50 forms continuous negative pressure in front of the price, waiting for the bearish tendency to resume to …

Gold analysis

Gold price ended yesterday’s trading below the level of 1860.00, to stop the suggested positive scenario yesterday, but it faced a strong support floor at 1845.00 that protects the price from incurring more losses, supported by the positivity of the stochastic indicator, to stand in front of a conflict between …

Trade idea for Industria de Diseno Textil (BM)

#ITX

The company’s shares continue to decrease, becoming more attractive for buying. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. Bears have tested the support of January 2021.

Trade idea:

Buy when the ascendant wave structure forms, where a wave (A) …

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