Speer Bank continues its downtrend after exiting the ascending channel within which it was moving.
The price managed to hold below the 20-50-7 moving averages
They move above the price and form resistance levels
The stochastic indicator has exited the oversold area but it is in a side path near …
USDJPY has managed to achieve our first awaited target at 105.50, and we note that the price starts today with a bearish bias to move below this level, supporting the expectations for a short-term downside wave, where our next target is at 104.60.
Therefore, the bearish trend will remain valid …
Gold is showing some slight bearish bias to fluctuate around 1495.00 now, noting that Stochastic is showing oversold now, waiting for the price to stimulate the resumption of the main bullish trend, whose targets start by breaching 1510.00 to confirm the rush towards our awaited main target at 1526.85.
Therefore, …
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