#GPRO
The overall trend is upward. The 3.70 support level is holding back sellers. Stochastic Oscillator indicates an oversold condition. The inclined channel of the descending pattern is broken by the formation of the assumed wave (A) an the ascending pattern.
Trading recommendations:
Buy when an ascending wave pattern is …
The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The 0.7260 support level is holding back sellers. The descending pattern is likely a correction wave (B) of the H8 level ascending wave pattern.
monitor the price movement in real …
Wednesday, September 16th, today’s news—oil prices jump as the US closes production due to the hurricane, as well as amid the weak dollar and declining stockpiles. Treasury yields fall, American, European, and Asian markets rise ahead of the Fed meeting. The price of Brent oil is $41.38, WTI—$39.17. EUR/USD is …
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