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Currency pair analysis: USD/CAD

The overall trend is downward. The ascending wave pattern of the H1 level is truncated. The currency pair trades in the range of 365 and 135 moving averages. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions.

USD/CAD rate online:  the price movement …

Currency pair analysis: GBP/USD

The GBP/USD pair succeeded in achieving our awaited target at 1.3605 and started rebounding upwards from there, heading towards a possible test of 1.3665 initially. Breaching this level will extend the bullish wave to reach 1.3720 as the next positive station.

Therefore, the bullish bias will be likely for today …

Gold analysis for 03.11

Gold price resumed its negative trading to drop below the 1785.00 level and pave the way to continue the decline on the intraday term. The way is open to head towards our first awaited negative target at 1770.00, reminding you that breaking this level will push the price to 1735.00 …

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