The price is above 1739.15. The maintenance of positive sentiments in the markets following the Fed’s meeting along with Jerome Powell’s speech puts pressure on the dollar, which may push up the demand for the "yellow metal".
Technical side:
The price is located above the middle Bollinger band, below …
The currency pair tested the lower limit of the ascending price channel on the W1 timeframe, and Stochastic Oscillator indicator signals oversold conditions.
On the H4 timeframe, the descending patterns H4 and H2 are truncated. Awesome Oscillator shows a bullish divergence.
monitor the price movement in …
Cisco rose, and managed to breach the resistance level at 49.00 and rise above the previous high, thus confirming the bullish path after the decline that formed the first of this month.
The price is trading above the moving averages 20-7-50, which form support for the price near …
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