The descending H12 level pattern is truncated with a false breakout. Bullish divergence has formed on Awesome Oscillator, while Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy while an ascending pattern is forming, where the wave (A) breaks through the inclined channel of the descending truncated H12 level pattern.
Stop Loss: …
The pair is recovering after a strong fall amid a slight increase in demand for commodity assets. It may still rise if the coronavirus-induced panic does not escalate again in the European markets.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is …
The rise of the US dollar during the Asian session to witness its bounce back for the sixth session in nine sessions from the lowest since October 3, 2016 against the Japanese yen after the developments and economic data that were reported by the Japanese economy and on the cusp …
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