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GBP/USD currency pair analysis


The pound against the dollar fell last Friday, affected by the US news, and approached the 1.2000 support level before rising slightly to the 1.2070 level.

Technical indicators give mixed signals. The moving averages provide a negative signal, while the stochastic indicator shows a positive signal.

Therefore, it is preferable …

EUR/USD currency pair analysis


The euro against the dollar continues to move sideways. The span between the support 1.0170 and the resistance 1.0250 did not record any movement. Therefore, we maintain the previous expectations of the movement between the two mentioned levels and demolish the occurrence of any new action until the price was …

Trading idea for General Electric Company (NYSE)


#GE

The general trend is descendant. The ascending truncated wave structure ended with the breakdown of the inclined channel. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator sliding indicators have left the overbought zone.

Trading idea:

Sell on a breakout of 73.10.

Stop-loss: 76.34.

Target levels: 70.00; …

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