The general trend is upward. Breaking through the price pivot zone of 145.50 will result in the formation of an ascending 1-2-3 pattern. Awesome Oscillator indicates a bullish divergence, and Stochastic Oscillator signals moving beyond the range of oversoldness.
Trading recommendations:
Buy above 145.50.
Stop loss: 139.50
Target levels: …
The general trend is upward. The descending М30 pattern is truncated and is probably the wave (В Н1) of the ascending H1 level pattern. Awesome Oscillator indicates Bullish divergence, and Stochastic Oscillator signals oversoldness. Breaking 50% Fibo will result in the ascending M5 level pattern in frame of the …
The pair is consolidating in the range of 1.1235 amid the investor’s expectations for the new statistics released on US and EU economics. Also positive expectations are yet contained by the negative forecast on the world economy growth. There is a possibility for further consolidation.
Technical side:
The …
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