The pound sterling against the dollar was able to touch our awaited target at 1.3400 and settle around it, and is moving within a descending channel that supports the chances of continuing the decline in the upcoming period, heading towards targeting 1.3310 areas in the near term.
The positivity of …
Gold price traded with strong negativity yesterday, to touch our awaited target at 1797.00, and attempts to break it, to provide indications of heading to achieve more negative targets during the upcoming period, waiting to head towards 1770.00 in the near term.
Therefore, we suggest the continuation of the negative …
The currency pair fluctuates between 365 and 135 downbound moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of the ascendant truncated …
Don't have your language?
