The euro/dollar pair is trading negatively, to test the pivotal support 1.0795, waiting to break this level to confirm the continuation of the bearish wave, and head towards our next main target at 1.0730. From here, the bearish trend scenario will remain valid and effective, supported by the negative pressure formed by the EMA 50, with a reminder of the...
Gold price is hovering around 2016.95, and it faces continuous negative pressure from the EMA50, while the stochastic continues to lose positive momentum. Therefore, chances are still available for the continuation of the bearish corrective trend, whose next target is located at 1977.25, recalling the importance of stability below 2016.95 and 2024.00 levels to...
The euro versus the dollar pair ended last Friday's trading below 1.0865, to add more confirmation of the continuation of the dominance of the bearish correction , paving the way for heading towards 1.0795 as the next main target. The moving average 50 forms a continuous negative pressure in front of the price to support the continuation of the expected bearish...
#EUR/USD The EUR/USD pair shows new negative trades to pressure the 1.0900 barrier, reinforcing expectations for the continuation of the bearish trend for the rest of the day, reminding you that our expected target is at 1.0865. We remind you that breaching the mentioned level will push the price to achieve additional negative targets that reach 1.0795, while...