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, …
EURUSD continues to fluctuate in a narrow and sideways path, maintaining stability above 1.1180, thus our bullish outlook will remain intact, targeting 1.1350 then 1.1443 as the next major stops, noting that a break of 1.1180 and stability below it will pressure the pair. The price is down towards 1.1100 …
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