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The overall movement is upward. An H2 level downward pattern is turncated. An intermediate round level of 1.6250 holds back sellers. Also, a bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator showed an exit from the oversold zone. The completion of the downward pattern of the H2 …

The pair is trading above the level of 0.6860. It still has the potential for a local growth to 0.6895. From a technical point of view, the pair continues to form a double bottom reversal pattern. But due to being locally overbought, it is possible to buy it as it …

The downward corrective movement reached the pivot zone 414.00. The stock is trading in an internal downward price channel. Stochastic Oscillator indicator shows oversoldness. The formation of an upward 123 pattern and break through the upper boundary of the downward price channel will provide the opportunity for further growth of …

The US dollar fluctuated in a narrow range, tilted lower during the Asian session to witness a rebound for the second consecutive session from the highest since early August, when it tested late May against the Japanese yen following the developments and economic data that followed from the Japanese economy …

Gold futures fluctuated in a narrow, bullish range during the Asian session amid the decline of the US dollar index for the tenth session in thirteen sessions from the highest since May 12, 2017 according to the inverse relationship after the developments and economic data that followed from the Chinese …

The single currency of the European Union fluctuated in a narrow range tilted to decline during the Asian session to witness the rebound for the second session from its highest since August 26 against the US dollar on the eve of developments and economic data expected on Friday by the …

The Australian dollar fluctuated in a narrow, bullish range during the Asian session to witness the bounce for the eighth session in 13 sessions from the lowest since March 18, 2009 against the US dollar amid the lack of economic data by the Australian economy and on the eve of …

Amazon's stock is moving within a downtrend after it emerged from the ascending channel in which it was moving and started to move

The descending within the channel, which is cleared in red.

The price is currently moving below the 7-20-50 moving averages in a bullish correction. Which form resistance …

The overall trend is downward. The stock is trading in the range of 150 and 365 moving averages directed downwards. Bearish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness. The pivot zone of 27.28 holds back sellers.

Trading recommendations:

Sell below 27.28.

Stop Loss – …