The GBP/USD pair approached the first awaited target at 1.3160 yesterday and rebounded strongly to test the resistance of the main descending channel once again. The price movement maintains its cohesion below this resistance so far, to keep opportunities available for the continuation of the main bearish trend, waiting to …
The price of gold declined significantly yesterday after breaking the 1,770.00 level, but it stopped at 1,753.00 and rebounded upwards strongly to settle around the EMA50, within the bearish triangle flag pattern that appears on the image. The Stochastic Indicator loses its positive momentum and appears overbought now. This forms …
News for today, December 15:
The dollar keeps last week gains, while the investors are fixed on a key Federal Reserve policy meeting to see if it would reinforce growing market expectations for earlier and additional rate rises next year.
At the close in Tokyo, the Nikkei 225 rose 0.10%. …
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