|
End of day analysis for Gold 28-03-2018
Gold price broke 1335.40 level strongly and settles below it now, which puts the price under the negative pressure on the intraday basis, to target testing 1316.48 level mainly.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 1335.40 level and hold above it again.
Thanks for your feedback.
End of day analysis for EURUSD 28-03-2018
The EURUSD pair ends today’s trading with clear negativity to trade at the key support 1.2304, which urges caution from the upcoming trading, as confirming breaking this level will stop the recently suggested rise and push the price to decline towards .2160 as a next main station.
MoreGeneral Electric tries to vent off oversold saturation - Analysis - 28-03-2018
General Electric's stock (GE) rose in the intraday levels, as the stock tries to vent off oversold saturation in the RSI and recoup earlier losses, amid negative pressure from the 50-day SMA, with the dominance of the main downward trend in the medium and short terms.
MoreCisco resumes decline - Analysis - 28-03-2018
Cisco Systems' stock (CSCO) returned lower in the intraday levels, recording a loss of 3.13% in the last session, or 1.38 points, as the stock tries to garner momentum to help it rise anew, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
More