Posted on July 20, 2018 at 08:20 AM
The price of gold dropped, forming a bearish candlestick after a breach of 1225.00 was achieved and stability below this mentioned level is considered a loot. But at the same time, we will need to see a break of 1210.00 to prove the negative extension. Moving averages give supportive signals for a potential downside. But at the same time, we confirm that negativity requires a break of 1210.00. [...]
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Posted on July 20, 2018 at 08:16 AM
The USDJPY rose to reach the 112.40 level, and stability above this level could ensure further upside in the coming days. Therefore, stability above 112.40 will be a reason to keep attempts to rise, when a break of 112.00 a new bearish wave may occur. Trend: The pair is trading above 112.40 targeting 113.40 as long as it remains above 112.00
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Posted on July 20, 2018 at 08:13 AM
The USD / CHF exchange rate rose slightly to 0.9990, as stability above this level could ensure further bullishness. A break of 0.9950 will serve as a warning for a bearish direction again. Trend: Up above 0.9990 targeting 1.005 as long as 0.9950 is intact
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Posted on July 20, 2018 at 08:11 AM
The GBPUSD fell, may be the beginning of a bearish wave targeting the 1.2900 level The stability of trading below 1.3020 will keep the negatives intact while trading below 1.2900 will be more negative to confirm these expectations. As a break above 1.3070 could be a reason to break the bearish trend and start a new bullish trend. The pair is moving down below 1.3020 targeting 1.2920 and 1.29
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Posted on July 20, 2018 at 08:09 AM
EURUSD dropped to 1.1645, stability below this level is seen as negative and may cause further downside. Moving averages are still negative, supporting the extension of the bearish trend. Trend: The pair is down below 1.1645 targeting 1.1540 as long as 1.1700 remains intact
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