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Gold analysis for 23.11

Gold price settled near the level of 1800.00 after the strong decline that it witnessed yesterday, which indicates that the price is on the way to achieving more expected decline in the upcoming sessions. Exceeding this level will lead the price to visit the level of 1770.00 directly.

Therefore, the …

Currency pair analysis: GBP/USD

The GBP/USD pair resumed its negative trading to approach our awaited target at 1.3355. We expect it to break this level and to continue the decline within the descending channel that appears on the chart, supported by the EMA50, noting that the next target extends to 1.3160.

The stability below …

Currency pair analysis: CAD/CHF

The overall trend is upward. The descending wave patterns are truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The breakout of 0.7360 will result in the formation of an ascending wave pattern within the general uptrend.

CAD/CHF rate online:  the …

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