The overall trend is downward. The ascending patterns H8, H2 and H1 are truncated. A bearish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions. The inclined channel of the ascending pattern of the H2 level is broken by the downward movement.
EUR/NZD rate online: …
Gold price starts today’s trading with a slight bearish tendency to move below 1860.00. However, we will rely on the daily closing above this level that the price achieved. Therefore, we continue suggesting the bullish trend for the upcoming period, with the price heading towards the 1900.00 level mainly.
The …
The GBP/USD pair shows additional negative trades to move away from the 1.3415 level. It supports the continuation of the bearish trend scenario on the intraday and short term, and we believe that the way is open to achieving our next target at 1.3300. Breaching it is the key to …
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