GostFadar

GostFadar

The pair is trading in a resistance area for the past week and its now shifted on the down side. Also US dollar loosing power.

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Side Way movement, supported by the 200ma, and the brake of the trend line

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As the USdollar is sinking due to the Presidential Election, the Pound fly high and OIL is strongly inverselly correlated with the pair GBPUSD thus, after forming a bearish flag and a double top in the 4h, WTI is ready to short.

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The pair is on an uptrend and its now ready to continuous.

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After a big descending movement the pair stop to a support level, moving side way largely and now heading for the next resistance.

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Gold, after creating a large bottom in an important support area, is showing all the sign for an up movement.