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Gold Breaks Support

The yellow metal prices incurred huge losses, declining to lose $ 115, recording its lowest level at 1850. Technically, we find that the price is stable below the previously broken pivot support-into-resistance 1901, 61.80% Fib retracement, and the SMA 50 is pressing the price from the top. Therefore, we believe …

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Euro Re-Test Support

Positive trading dominated the euro’s movements against the dollar within the expected bullish path, to touch the second target to be achieved in yesterday’s session at 1.1920, posting a high at 1.1920. Technically, looking at the 60-minute chart, we find that the SMA 50 started to pressure the price from …

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Sunak: Brexit Trade Talks See Significant Progress

Significant progress has been achieved in trade talks between the United Kingdom (UK) and the European Union (EU), according to the British Minister of Finance, Rishi Sunak. “Prime Minister Boris Johnson recently spoke with European Commission President Ursula von der Leyen. “The prime minister set out that, while some progress …

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