News for today, November 22:
The stock market started the week unsteady, while oil and euro were under pressure on Monday. This was prompted by the return of COVID-19 restrictions in Europe and talk of a hasty cut in stimulus from the U.S. Federal Reserve.
Oil prices climbed from seven-week …
The British pound against the dollar stays stable above the 1.3470 level, which keeps the bullish corrective trend scenario active for the upcoming period. The price is waiting to visit the 1.3540 level initially.
However, breaking 1.3470 will stop the expected rise and pressure the price to resume the main …
The recent gold price trades are confined within a bullish triangular flag pattern whose features appear in the above chart, and therefore, the price needs to breach the 1868.50 level to activate the positive effect of this pattern and then rush towards our positive targets that start at 1900.00 and …
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