The overall trend is upward. The 98.00 support level is holding back sellers. A descending truncated pattern of the H1 level has formed. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an ascending wave pattern is forming, where the wave …
The pair receives support amid the rising demand for risky assets after a statement by Donald Trump’s trade adviser Peter Navarro, who said on Tuesday that the US is not ending trade relations with China. This positive signal can be supported by the pair along with the data on …
The currency pair is trading in the upper line of the descending price channel. A bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness. A breakout of 9.3430 will result in the formation of a descending wave pattern within the overall downtrend.
Trading recommendations: …
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