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Gold analysis


Gold broke the resistance level 1845.60 and reached the next resistance 1857.60, which is forming near the upper line of the ascending minor channel, within which the price is moving after rebounding from the support 1850.00.

Therefore, the price started giving signals to form an ascending path after it managed …

GBP/USD currency pair analysis


The GBP pair broke the resistance level 1.2495 and consolidated the bullish scenario with the start of trading this week, thus opening the way to start an ascending path towards the resistance 1.2600, provided it is stable above the 1.2498 level.

Technical indicators support the bullish scenario, as the stochastic …

EUR/USD currency pair analysis


The euro against the dollar settled near the resistance of 1.0600, as it reached at the end of last week's trading, and rebounded from it to the downside, before returning to test it again with today's trading. Therefore, the suggested bullish scenario remains during today's trading, provided that trading remains …

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