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Gold analysis


Gold prices bounced up and reached the main resistance 1900.00 after touching the 1850.00 support level during the past two days. The price breached several resistance levels during the bullish rebound movement, the most important of which is the level of 1890.00. As the price stability above this level may …

GBP/USD currency pair analysis


The GBPUSD pair failed to maintain the bullish rebound movement that occurred yesterday under the influence of the US Federal Reserve interest rate decision. Rebound down to the 1.2500 support level and return to the sideways track around the previous support is expected.

The downside movement comes under the influence …

Trading idea for Eastman Chemical Company (NYSE)


#EMN

The general trend is descendant. The share is traded between 365 and 135 moving averages. Stochastic Oscillator signals overbought conditions. The resistance level 108.35 restrains buyers. The ascendant wave structure is the wave (B) of the descendant structure of the large wave level.

Trading idea:

Sell when the descendant …

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