The currency pair trades in the range of the upper flat border. The resistance level of 114.32 holds back the buyers. A bearish divergence has formed at the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions. The ascending wave pattern of the H2 level is truncated.
USD/JPY rate online …
The gold price maintains its stability above the 1860.00 level, and obtains continuous positive support from the EMA50. It is waiting for a positive stimulus that will push the price to resume the main bullish trend, whose next target is at 1900.00.
Therefore, the positive scenario remains valid for the …
The GBP/USD pair shows sideways trading and settles near the 1.3400 level. The price is under the negative pressure that the EMA50 continues to show, awaiting the resumption of the descending pattern, whose next target is at 1.3355. Breaking this level is required to confirm the path towards 1.3160.
On …
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