The pair is trading around the 1.1350 level … It is preferable to remain neutral until the breach above the mentioned level and stability above to confirm the possibility of rising towards resistance 1.1405 as the first target and then 1.1460 as the second target at least. A decline and a return to trade below […]
The pair is rising during the morning session of the day back from the support level 0.7075 … It is better to remain neutral until the exit of the price from the area specified on the chart to confirm its direction … A breach of 0.7075 could push the price to target support at 0.7020 […]
The downside scenario remains valid as long as the trades remain below the resistance 1.3325 … Stochastic is pointing to a negative cross within the oversold area which may be a sign that the price has gathered enough momentum to resume its support towards 1.3070 as the first target, Towards 1.2915 as a second target […]
The pair’s movements are limited within the range between the SMA 100 and the 0.9980 support … it is preferable to remain neutral until the price is way out from the area specified on the chart to confirm its direction … Going back to the highest 1.0060 might be sufficient to confirm the possibility of […]
Trading in gold has declined over the past two days because of the saturation of the stochastic and RSI indicators on the daily basis … The price is moving favorably during today’s trading after receiving support from 1325-1330 … The possible bullish scenario remains valid as long as the trades remain above the ascending trend […]
The pair is still trading weakly around its first target at 110.90 … The possible bullish scenario remains intact as long as trades remain above 109.75, and could target the second target at 111.70 and then the 112.50 as the third target … Momentum indicators on each of the four hour time frames, Probability. A […]
The pair is moving sideways around the uptrend line shown on the four-hour time frame and below its first target at 1.3090 in an attempt to gain momentum … The possible bullish scenario remains intact as long as the pair remains above 1.2960, and the price could reach the second target at 1.3210. A break […]
The pair is trading around the 1.1350 level … It is preferable to remain neutral until the breach above the mentioned level and stability above to confirm the possibility of rising towards resistance 1.1405 as the first target and then 1.1460 as the second target at least. A decline and a return to trade below […]
The pair was unable to breach the 0.7170 level to retreat strongly during morning trading, breaching the bullish formation shown on the chart and approaching 0.7075 support … It is preferable to remain neutral until the price is cleared from the specified area on the chart to confirm its direction … A breach of 0.7075 […]
The pair fell during yesterday’s trading breaking the support of 1.3200 to return to the upside during the Asian session in an attempt to retest it and gather enough bearish momentum due to the saturation signals indicated by Stochastic and rsi … The best possible scenario: the downside to test support 1.3070 as the first […]
