The gold price did not show any strong movement since yesterday. It continued to fluctuate around the EMA50, and therefore, there is no change in the expected bearish trend scenario for the upcoming period.
The trend is supported by the negative signal presented by the Stochastic Indicator now, waiting to …
The GBP/USD provided noticeable negative trading yesterday to settle below the 1.3200 barrier. It reinforces the expectations of continuing the bearish trend in the intraday and short term. The price is approaching the first awaited target at 1.3160. The breaking of this level will push the price to 1.3000 …
The ascending wave pattern of the H1 level is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions. The breach of 1.0524 level will form the descending wave pattern, where the wave (A) breaks the inclined channel of the ascending truncated …
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