The pair is consolidating ahead of the US employment numbers release. If they are positive, the pair is expected to rise locally as the dollar loses demand as a safe haven currency.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving …
The overall trend is upward. The stock is trading within the range of 365 and 135 moving averages directed upward. Awesome Oscillator shows a bullish divergence. The descending pattern is truncated and formed the support level 0.7280.
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Trading recommendations: …
Analysis based on round-number levels, price channels and modified Elliot Waves
The overall trend is downward. The descending (red) pattern is truncated, Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition. This allows us to suggest that the descending red pattern is the wave B …
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