Gold continues its bearish movement, as it managed to break the support level at 1800.00, approaching the main target at the value of 1790.00 and thus continues. We have the bearish scenario, which is likely to extend to the level of 1783.00 in the medium term.
The price is affected …
The pound against the dollar continues to move below the resistance level of 1.2200, where it formed a bullish bounce and tested the resistance before completing the descending path, which is actually confirmed by the price breaching the support level 1.2110.
The bearish movement has a negative effect on the …
The EURUSD pair rebounded to the upside in an attempt to correct the bearish path and reached the resistance level 1.0475, to return to the bearish movement, affected by the negativity of the stochastic indicator, which forms a bearish crossover in the overbought area. Trading remains below the resistance level …
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