The 147.20 support level is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. A descending (red) pattern has formed.
Trading recommendations:
Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of the descending (red) …
The pair is trading below the strong support level of 72.35 amid the high demand for OFZs from non-residents, as well as the stronger growth in crude oil prices. The price will return to 64.00–65.00 earlier than predicted, in the beginning of June.
Technical side:
The price is below …
The Australian dollar fluctuated in a narrow range tilted to the upside during the Asian session, to witness its bounce to the fourth session from the lowest since May 7 against the US dollar, following the developments and economic data that it had reported on the Australian economy and on …
Don't have your language?
