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Gold analysis

Gold price provided additional negative trades yesterday and tried to stay away from the 1825.15 level. We notice that the EMA50 formed good support to protect the price from incurring more losses, as the price rebounded to trade above 1825.15 now. It keeps the bullish trend scenario valid for the …

Currency pair analysis GBP/NOK

The general trend is ascending. The currency pair fluctuates inside the top border of the Ichimoku cloud. Stochastic Oscillator indicates oversold conditions. Piercing the 11.950 level will result in forming the ascending pattern close to the greater level wave (C).

GBP/NOK rate online:  the price movement in real time.

Trading idea: …

USA cuts up Europe

News of the day, Thursday, 13 January

 

European markets decrease after USA monetary policy quakes. Investors got rattled after the recent news on American interest rates being rocketed – that resulted in a general dip of European stock exchange. DAX futures in Germany fell by 0.2%, FTSE 100 futures …

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