GBP/USD: local bullish correction is underway
The pair is likely going to reach the nearest support at 1.2957 - 1.2938 in the short term. This area could be a starting point for...
Gold (XAU/USD) ending a possible corrective move
Gold has been trading in a bearish tone below the 50 SMA at H1 chart following the US GDP data release during March 28th session. Currently, we’re seeing a corrective move to take place in favor of the overall bullish structure and if the XAU/USD pair touches the 65% Fibonacci level at 1324, it could gather momentum to resume the bullish bias towards the -23.6% Fibonacci area at 1368.
RSI indicator is in the oversold territory, calling for an imminent rebound.
Felipe Erazo
Similar
EUR/USD: consolidation under Moving Averages
It's likely that the market is going to test the next support at 1.1574 - 1.1543 soon. A pullback from this area could be
CAD/JPY reversed from resistance zone
CAD/JPY reversed from resistance zone Next sell target - 84…
Popular
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.
GBP/JPY broke support level 141.30
GBP/JPY broke support level 141…
USD/CHF: bears saw a dragon
Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…
Deposit with your local payment systems
