The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.
Trading idea:
Buy when the ascendant wave structure …
News of the day, Friday, May 13
Jerome Powell, the Fed’s Chairman, has warned that control over inflation might cause some economic problems yet it remains his main priority.
As the collapse of TerraUSD stablecoin rippled through the markets, Bitcoin has plummeted to nearly $30000 as well as the majority …
The price of gold declined and reached the first target 1810.90 before returning to rebound up to the first resistance 1827.20 at the moving average level 7. In an attempt to correct before returning to the descending path extended to the level of 1780.00.
The moving averages continue to negatively …
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