Gold price managed to breach the 1825.15 level and close the daily candle above it. This supports the bullish trend scenario for the intraday and the short term, and the way is open towards 1860.00, our next target.
The EMA50 supports the price from below; breaking the level 1825.15 and ...
The currency pair found it difficult to surpass the 1.3610 level and showed some temporary bearish bias. The stochastic indicator is trying to gain positive momentum on the intraday time frame, which would support the chances of surpassing the mentioned level and heading towards 1.3730 as the next positive target. ...
Gold price hovers around the 1825.15 level, facing strong resistance there. We wait for the negative momentum that appears on the stochastic indicator to pass. This will help the price obtain a positive stimulus that will contribute to pushing it up, breaching the mentioned level and then heading towards our ...
The pound sterling against the dollar surged yesterday and breached the 1.3530 level; now it is heading towards more rise in the intraday term and is about to test the 23.6% Fibonacci retracement level. Breaching this level will extend the bullish wave to aim directly at 1.3730.
Therefore, the bullish ...
Gold price continues to rally bullishly, to approach the expected positive target at 1825.15. It might also surpass this level to open the way for additional gains that reach 1860.00.
The moving average of 50 supports the price from below, therefore, a bullish trend is likely for the upcoming period, ...
The GBP/USD pair rebounded temporarily after approaching our awaited target at 1.3415, and we notice that the stochastic indicator begins to cross to negative signs now. We expect that to contribute to pushing the price down to resume the descending wave, noting that breaking the mentioned level will push the ...
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 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 ...
The pound sterling against the U.S. dollar was able to confirm breaking the 1.3665 level after closing the daily candle below it, reinforcing the expectations to continue the bearish trend. The price is heading towards the 1.3605 level, which is our next target. The negative effect of the double top ...
Gold price provided additional positive trades to test the pivotal resistance 1797.00, and it starts showing bearish rebound signals now, as it maintains its stability below the broken support of the bullish intraday channel that appears on the chart. Meanwhile, the stochastic indicator shows clear negative signs that are likely ...