The price pivot zone 38.70 and the trend line held back buyers. A start fractal was formed below the 135 moving average. Breaking through the start fractal will result a descending 123 pattern. Stochastic Oscillator indicator signals overboughtness.
Trading recommendations:
Sell below 38.09.
Stop loss: 38.70.
Target levels: 37.75 (closing …
The 1.7110 support level held back sellers. The overall trend is upward. The inclined channel of the descending pattern has been broken (A H1), and a presumed correction has been formed (B H1). The formation of an uptrend (AC + bC + cC (red)) will result the expected wave (with …
The pair is trading above 1.0905. The pair still has the potential to continue its decline if the eurozone's economy continues to show weak economic growth, and the ECB maintains its current vague position regarding possible changes on the monetary rate.
The price is below the middle Bollinger band, below …
Don't have your language?
