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GBP/USD currency pair analysis 04.02.2022

The GBP/USD pair managed to achieve our extended target at 1.3610 and is making attempts to breach it now, to indicate the price direction to confirm restoring the main bullish trend again, as we expect to achieve additional positive targets that reach 1.3685 then 1.3745.

Therefore, the bullish trend will …

Gold analysis 04.02.2022

Gold price trades around 1805.00, waiting to obtain a positive stimulus that contributes to pushing the price to resume positive trades, which mainly targets the 1825.15 level, noting that breaching 1808.00 will facilitate the price’s mission to achieve the mentioned target.

On the other hand, it should be noted that …

Trade idea for Siemens AG (XETRA)

#SIE

The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence.

Trade idea:

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

Stop-loss below the local minimum of the descendant truncated structure.

Target …

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