The pound sterling dollar pair traded with noticeable negativity yesterday, to approach our awaited target at 1.3525, but it rebounded upwards to move around 1.3600, noting that the stochastic indicator is clearly losing its positive momentum, to support the chances of resuming negative trading and heading towards the mentioned target …
The gold price fluctuates around the 1900.00 barrier, and is affected by the negativity of the stochastic indicator, which hinders the price mission to continue rising, noting that the index is gradually gathering positive momentum, waiting to motivate the price to resume positive trading to breach the 1916.25 level and …
The currency pair is traded above 200 EMA. A false breakthrough of the 82.34 support level is formed with a return pattern “pin bar”. Together with this, the Stochastic Oscillator indicated the overlap of moving averages inside the oversold area, which gives hope for 82.34 level retest.
Trade idea:
Buy …
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