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The GBPUSD achieves good gains – Analysis - 16-09-2019
The GBPUSD pair confirmed breaching 1.2400 level and approached from our waited target at 1.2520, noticing that the price moves within a bullish channel that appears in the image, which supports the chances for breaching the mentioned level and extend the bullish wave towards 1.2665 as a next main station.
Therefore, we will keep preferring the bullish trend in the upcoming sessions unless breaking 1.2370 level and holding below it.
The expected trading range for today is between 1.2400 support and 1.2580 resistance.
The expected trend for today: Bullish
The EURUSD is stable at the resistance – Analysis - 16-09-2019
The EURUSD pair keeps fluctuating near the bearish channel’s resistance and keeps its stability below this level, noticing that the EMA50 meets this resistance to strengthen it, while stochastic moves at the overbought levels.
MoreEnd of day analysis for Crude oil 13-09-2019
Crude oil price continues to fluctuate at 54.60 and still above it, waiting to break this level to confirm rallying towards our negative targets that reach 51.80, reminding you that it is important to hold below 55.55 to continue the expected decline.
MoreEnd 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.
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