Gold continues in the bullish path within the ascending channel that appears in the chart after it confirmed breaking the resistance 1845.60 and settled above it. Therefore, the upside scenario remains to dominate the price movement, and the targets will be levels of 1875.00, then 1890.00.
The averages support the …
The GBP/USD pair continues to move around the 1.2500 support level after it rebounded from the 1.2590 resistance.
In general, the price moves above an ascending trend line that forms a path for the price and a support level for it, and if the price succeeds in breaking the trend …
The EUR/USD pair achieved its first ascending target and reached the resistance 1.0750. Where the price continues to move within the ascending channel, which constitutes the initial path of the price and the limits of the price movement.
We are likely to see some bearish correction to the 1.0645 support …
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