See also
The Platinum commodity instrument on its 4-hour chart is currently still moving in a weakening condition where this is confirmed by its price movement which is moving within the Bearish Pitchfork channel and the occurrence of Divergence between its price movement and the Stochastic Oscillator indicator so that in the near future Platinum has the potential to continue its weakening again where the level of 938.5 will be tested by #PLF if this level is successfully break and closes below it then #PLF will continue its weakening again to the level of 928.2 and if the momentum of weakening and its volatility are strong enough then 904.3 will be the next target but please also note that on its way to the target levels there is suddenly a significant strengthening especially if it breaks and closes above the level of 973.5 then all the weakening scenarios that have been described previously will become invalid and canceled by themselves.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
From what is seen on the 4-hour chart, the EUR/GBP cross currency pair appears to be moving above the EMA (100), which indicates that Buyers dominate the currency pair
With the appearance of Convergence between the price movement of the main currency pair USD/JPY with the Stochastic Oscillator indicator and the position of the EMA (100) which is above
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful
From what we see on the 4-hour chart of the Nasdaq 100 index, there are several interesting things, namely, first, the price movement is moving below the MA (100), second
Early in the American session, gold is trading around 3,312 with a bullish bias after breaking out of the symmetrical triangle. Gold is now likely to continue rising
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