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 …
Csco was unable to breach the 43.69 resistance level as the MA 20 formed pressure on the price and prevented it from rising. A 50 SMA above the price is an additional negative pressure on the movement of the stock, therefore we may see further declines for the third session …
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