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The GBPSEK is below the resistance – Analysis – 11-9-2023
The GBPSEK pair kept the efficiency of the bearish track by providing frequent closings below 14.0200 resistance, to notice the beginning of forming negative waves and touch 13.7837, also, stochastic exit from the overbought areas will increase the chances of gathering the negative momentum to increase the chances of starting to the additional negative stations located at 13.7440 and 13.6740 levels.
The expected trading range for today is between 13.9000 and 13.7440
The expected trend for today: Bearish
Natural gas price seeks an exit – Analysis – 11-9-2023
Natural gas price repeated the sideways fluctuation within achieving any new positive target, to notice its move between the major support at 2.450, while 2.800 forms solid obstacle against the bullish rally.
MoreThe EURJPY is forced to decline – Analysis – 11-9-2023
The EURJPY pair opened today by forming new bearish wave, attempting to settle below the additional support at 157.00, to hint surrendering to the domination of the correctional bias.
MoreThe GBPJPY is forced to decline – Analysis – 11-9-2023
The GBPJPY pair surrendered to the negative pressures caused by stochastic reach to 20 level, forming new bearish wave to settle below the additional support at 183.50, to notice suffering clear losses by reaching 182.90.
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