News for today, October 29th:
Asian stocks fell on Friday, which promises to disrupt their solid three-week gains. Chinese property stocks face their worst week in more than two and a half years. Oil prices are also close to witnessing the first weekly decline since August. While the decrease in …
Gold price is facing negative pressure now to test the first pivotal support 1797.00. Considering that, the price continues to move within the bullish intraday channel, and obtains positive support from the EMA50, in conjunction with the stochastic indicator reaching the oversold areas.
Therefore, these factors encourage us to continue …
The GBP/USD pair succeeded in touching our first awaited target at 1.3750 and is making attempts to breach it. It supports the continuation of the bullish trend's dominance over the intraday and short term, with the next target extending to 1.3910.
Moving above the EMA50 supports the expected rise, noting …
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