The gold price maintains its stability above the 1860.00 level, and obtains continuous positive support from the EMA50. It is waiting for a positive stimulus that will push the price to resume the main bullish trend, whose next target is at 1900.00.
Therefore, the positive scenario remains valid for the …
The GBP/USD pair shows sideways trading and settles near the 1.3400 level. The price is under the negative pressure that the EMA50 continues to show, awaiting the resumption of the descending pattern, whose next target is at 1.3355. Breaking this level is required to confirm the path towards 1.3160.
On …
News for today, November 16:
The yuan hit a five-month high in Asia on Tuesday as traders reacted positively to the dialogue between U.S. President Joe Biden and Chinese leader Xi Jinping. The dollar traded around a 16-month high against the euro ahead of U.S. retail sales data, which could …
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