Gold price shows some bullish bias after the strong decline that it witnessed in the past sessions, to test a minor resistance level located at 1785.00, affected by the positivity of the stochastic indicator. Meanwhile, the EMA50 forms negative pressure in front of the price, which supports the chances of …
The pound sterling against the dollar fell strongly last Friday, breaking the 1.3720 level and reaching the first negative target at 1.3665. The price completed forming a double top pattern that supports the chances of achieving a more expected decline in the upcoming sessions, to surpass the current level and …
The overall trend is downward. The currency pair trades in the range of 365 and 135 moving averages. The ascending wave pattern of the H2 level is truncated. The Awesome Oscillator shows a bearish divergence. A “start fractal” was formed under the 135 moving average, followed by a “signal …
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