The GBP/USD pair temporarily stabilized in a sideways movement after achieving the target and reaching the 1.2200 level. In general, the bearish movement continues within the channel shown in the drawing, which constitutes the general boundaries of the price movement over the medium and short term.
The moving averages support …
The euro pair achieved the first awaited target, as it broke the support 1.0475 and reached the lower limit of the descending channel that appears on the chart, and it is now trying to rebound upwards and correct the descending path, and it reached the moving average 7, and the …
#COP
The general trend is ascendant. The share is traded between 365 and 135 moving averages. The descendant wave structure is truncated (wave C has not breached 123.6% of A wave). Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure …
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