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End of day analysis for Gold 19-05-2020
Gold price shows positive trades to move away gradually from the bullish channel’s support line, supported by the EMA50 and stochastic, waiting for more rise in the upcoming sessions, noting that our next main target reaches 1805.00, while holding above 1722.00 represents key condition to continue the suggested rise.
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End of day analysis for the EURUSD 19-05-2020
The EURUSD pair touched our waited target at 1.0966 and faces solid resistance there, which might force the price to provide some temporary bearish rebound before resuming the positive attempts.
MoreGeneral Motors tackles current resistance - Analysis - 19-05-2020
General Motors' stock rose 9.63% in the last session, attacking the resistance of 25.02 with support from the 50-day SMA, coupled with positive signals from the RSI and amid the dominance of the upward short-term trend.
MoreGeneral Electric spikes - Analysis - 19-05-2020
General Electric's stock rallied 14.21% in the last session while correcting the main downward medium-term trend, with positive signals from the RSI, countered by negative pressure from the 50-day SMA.
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