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End of day analysis for Gold 11-03-2020
Gold price faces negative pressure to approach testing the key support 1633.60, noting that the price needs to consolidate above this level to keep the bullish trend valid for the upcoming period, which targets 1689.33 level initially, noting that breaking the mentioned support will press on the price to achieve more decline and visit 1599.10 level initially before any new attempt to rise.
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End of day analysis for the EURUSD 11-03-2020
The EURUSD pair continues to decline to crawl towards our waited target at 1.1221, to continue suggesting the bearish trend in the upcoming sessions, reminding you that surpassing this level will push the price to 1.1136 direct, while the expected decline will remain valid unless breaching 1.1325 level and holding above it.
MoreJPMorgan tries to vent off oversold saturation - Analysis - 11-03-2020
JPMorgan & Chase's stock spiked 7.77% in the last session while venting off oversold saturation in the RSI, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA.
MoreJohnson & Johnson reverses sharply higher - Analysis - 11-03-2020
Johnson & Johnson's stock hit a session-low of 134.24 before reversing sharply higher and marking a 4% profit, amid the dominance of the downward correctional wave, with negative pressure from the 50-day SMA, amid negative signals from the RSI after reaching overbought levels compared to the stock's movements.
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