A reversal candlestick pattern has formed: inverted head-and-shoulders. The currency pair is trading in the range of the round important 1.0500 level. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy above the round secondary level of 1.0520.
Stop loss: 1.0500.
Target levels: 1.0545; …
The pair has formed an ascending flag trend continuation pattern. It’s likely to continue to decline amid the Germany-EU dispute over the massive stimulus measures, which may either lead to a euro oversupply in the European financial system due to massive asset purchases by the ECB, or endanger the …
The support level of 183.50 held back sellers. The stock is trading in the range of the lower border of a descending price channel. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy while an ascending 1-2-3 pattern is forming, strictly on the …
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