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End of day analysis for Gold 13-09-2019
Gold price shows negative trading to press on the main bullish trend line that appears on the chart, which urges caution from the upcoming trading, as confirming breaking 1485.00 will stop today’s suggested positive scenario and press on the price to start correctional bearish wave, while consolidating above it will push the price towards 1555.00 as a next positive target.
End of day analysis for the EURUSD 13-09-2019
The EURUSD pair attempted to breach the bearish channel’s resistance but it returns to fluctuate below it, to keep the bearish trend scenario active for the upcoming period, which its next target located at 1.0857, while its continuation requires holding below 1.1095.
MoreMidday update for the NZDUSD 13-09-2019
The NZDUSD pair tests 0.6390 and keeps its stability above it, to keep the bullish trend scenario valid until now, supported by stochastic and the EMA50 positivity, waiting to resume the bullish bias that its next target located at 0.6470.
MoreMidday update for the AUDUSD 13-09-2019
The AUDUSD pair still confined between the trend confirmation levels represented by 0.6830 support and 0.6885 resistance, which makes us continue with our neutrality until the price confirms breaching one of the mentioned levels, noting that the details of the expected targets after the breach are explained in our morning report.
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