The price of gold rallied upwards to breake the 1295.00 level and settle above it, noting that the price completed the formation of a bullish triangle pattern shown in the picture, which is a positive incentive to push the price for further gains in the coming period
Therefore, the bullish …
GBPUSD has managed to surpass SMA 50 and hold above it, which supports our bullish outlook for the next few sessions and we believe that the way ahead is to achieve our main target at 1.2962.
To make sure, moving averages 7-20 should intersect with SMA 50.
Stochastic is in …
The EUR / USD pair is trading higher today to break above the 1.1550 level and set the tone for the next target at 1.1705. The bullish trend remains valid for the coming period, supported by the move above the moving averages. We see SMA 7 touching the price from …
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