Gold continues the sideways movement in a narrow range between the resistance 1860.00 and the support 1845.00 for the second day, where there was no change in the movement. Let's remain neutral in determining the general course of the movement, since the price is moving near an important support level, …
The GBP/USD pair continues its upward movement. After it managed to break the resistance level 1.2590 and settled above it, thus opening the way to continue the ascent to the next target 1.2700.
Moving averages pressure the price further as it moves below the price in ascending order. The average …
The currency pair is traded inside the descendant channel’s upper border span. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The ascendant wave structure has finished with the channel breach.
Trading idea:
Sell when level 1.0734 is breached.
Stop-loss: 1.0789.
Target levels: 1.0643; 1.0500.
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