The gold price reached a few points from our awaited target at 1825.15, and it shows some slight bearish bias now, affected by the negativity of the stochastic indicator, while the EMA50 provides positive support for the price to encourage us to suggest more bullish bias during the upcoming sessions, …
News of the day, Wednesday, 12 January
The USD index slides down as inflation measures linger. Fed’s head Jerome Powell announced decision making may require up to four more meetings. Dollar index fell to 95.563 continuing negative trend since the end of November.
Oil prices continued growth on the …
The GBP/USD pair shows additional positive trades to approach our awaited target at 1.3660, and continues to move within the ascending channel that supports the chances of surpassing this level and opening the way to achieving more gains in the upcoming sessions, as the next target reaches 1.3775.
Therefore, the …
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