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GBP/USD currency pair analysis

The pound against the dollar tried to move upwards and breach the resistance level 1.2000, but it failed due to the negative pressure of the EMA50. To form a new wave of the bearish movement, which is likely to continue to 1.1900 levels.

In general, we will continue to suggest …

Gold analysis

Gold is moving sideways during last week's trading, after it settled below the support level at 1746.80.

The negative signal that comes from the stochastic indicator and the negative pressure of the 20-50 moving averages on the price increases the possibility of continuing the bearish path over the medium and …

Gold analysis


Gold continues its bearish movement, as trades settled below the support level of 1746.80 in confirmation of breaking the mentioned support level, and therefore the bearish scenario remains active during the upcoming period, and the first target will be the level of 1783.00 and it is likely to extend to …

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