The 129.00 resistance level is holding back the bulls. Stochastic Oscillator signals overboughtness. Breaking through the support level of 113.60 will result in the formation of a 1-2-3 descending pattern.
Trading recommendations:
Sell below 113.60.
Stop loss: 129.00.
Target: 91.00.
monitor the movement of the …
The overall trend is upward. The support level of 106.87 is holding back sellers. A bullish divergence forms on Awesome Oscillator, and Stochastic Oscillator signals oversoldness. The downward H8 level pattern is truncated.
Trading recommendations:
Buy while an ascending pattern is forming, where the wave (AC) breaks through the …
The pair is correcting upward in anticipation of the final monetary policy decision by the Bank of Canada. It also supports the correction of crude oil prices.The pair may receive local support due to these two factors before turning down again.
Technical side:
The price is above the middle …
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