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Gold analysis

Gold was able to breach the support level 1720.00, affected by the negative signal that comes from the stochastic indicator therefore, it provided an initial signal to return to the bearish path, but it did not give any confirmation after the fact that the EMA50 is still forming the support …

GBP/USD currency pair analysis

The pound against the dollar settled by moving above the 1.2020 level, thus confirming the bullish path and trying to test the 1.2050 resistance level again in an attempt to reach the next target at the value 1.2100. This is supported by the positive support of the moving averages and …

EUR/USD currency pair analysis

The Euro faced intense pressure, which led to the breach of the support level 1.0170 and approached the support level 1.0100 in an attempt to return to the downside path. However, the stochastic formed a positive signal that led the price to return to test the average 50 level again …

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