|
Evening update for Gold 20-10-2022
Gold price shows more bullish bias to test the bearish channel’s resistance, accompanied by stochastic loss to the positive momentum clearly, waiting to motivate the price to resume the bearish trend that its next target located at 1615.00, while holding below 1645.00 represents key condition to achieve it.
Thanks for your feedback.
Evening update analysis for the EURUSD 20-10-2022
The EURUSD pair trades positively to breach 0.9790 level and attempts to hold above it, which urges caution from the upcoming trading, as holding above this level will stop the today’s suggested negative scenario and push the price to achieve new gains on the intraday basis, which will start at 0.9865 and might extend to 0.9940.
MoreHewlett-Packard amid negative outlook - Analysis - 20-10-2022
Hewlett-Packard's stock (HPQ) declined in the intraday levels amid negative pressure from the 50-day SMA, with the dominance of the downward short-term trend, with negative signals from the RSI after reaching overbought levels.
MorePVH emits more negative signals - Analysis - 20-10-2022
PVH's stock declined in the last session with negative signals out of the RSI after reaching overbought levels compared to the stock's movements, hinting at negative divergence, amid the dominance of the main downward trend in the medium term, with negative pressure from the 50-day SMA.
More