Gold price is trading at 1,770.00 after the decline it witnessed yesterday evening. The attempts are made to break this level, reinforcing the expectations of the continuation of the bearish trend’s dominance. We expect it to head towards 1,734.00 as the next negative target.
On the other hand, we notice …
The GBP/USD pair presented positive trades to test the EMA50 that forms a continuous resistance in front of the price. This is accompanied by the loss of the positive momentum stochastic and the start of negative crossover signs appearing on the H4 time frame. It is waiting to motivate the …
On the H4 timeframe emerged the false breach of the level with the formation of hammer pattern. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Indicator signals oversold conditions.
NZD/USD rate online: the price movement in real time.
Trading idea:
Buy when the round intermediate level …
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