Good day!
The European currency continues to grow in the direction of the broken “psychological” level 1.2000, from which a downward rebound is most likely:
Gold broke through the downtrend channel and paused in thought. While we can expect a rollback to the broken downtrend and growth towards 1767.00. Although the 1767.00 level seems to be an interesting resistance so far:
The S & P500 did not want to go down and broke through the level of 3978.00. Now we can expect a rollback to the broken level and the continuation of the upward movement. How high we rise – the question remains open. For now, it is more interesting to observe the formation of candles on this line. On the other hand, what can prevent quotes from forming a bull trap:
Oleg Svirgun,
analyst at Tickmill brokerage company
04/08/2021
