#BAC
The general trend is downward. The currency pair is trading in the 365 and 135 EMA range. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator indicator.
Trading idea:
Sell on the formation of a downtrending wave structure where wave (A) breaks the …
The general trend is downward. Resistance level 1.4127 is holding back the buyers. A reversal pattern "Key level" is forming.
Trading idea:
Sell on a breakout of 1.4103.
Stop-loss for the resistance level 1.4127.
Target levels: 1.4080; 1.4047.
Oil was up today as investors focused on the OPEC+ meeting next week when the block will decide the oil output. Brent crude futures were up 0.03%, and WTI crude futures jumped 0.28%.
Key tickers:
Brent: 102.58 — strong buy.
WTI: 97.31 — neutral.
NG: 8.169 — strong …
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