The overall trend is downward. The ascending wave pattern is truncated. The currency pair trades in the range of the upper border of the descending price channel. A bearish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions.
EUR/GBP rate online: the price …
The pound sterling vs. dollar pair traded with strong negativity in the past sessions; it reached the 1.3200 barrier, reinforcing the expectations of the continuation of the bearish trend. The way is open to achieving our main awaited negative target at 1.3160.
The EMA50 continues to press negatively on the …
Gold price traded positively last Friday; it breached the 1770.00 level and headed towards testing the 1797.00 level. However, the EMA50 forms negative pressure in front of the price, which can stop the bullish bias. Besides, the stochastic indicator has lost positive momentum and clear overbought signs have emerged.
These …
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