The GBP pair broke the resistance level 1.2495 and consolidated the bullish scenario with the start of trading this week, thus opening the way to start an ascending path towards the resistance 1.2600, provided it is stable above the 1.2498 level.
Technical indicators support the bullish scenario, as the stochastic …
The euro against the dollar settled near the resistance of 1.0600, as it reached at the end of last week's trading, and rebounded from it to the downside, before returning to test it again with today's trading. Therefore, the suggested bullish scenario remains during today's trading, provided that trading remains …
#HD
The general trend is ascendant. Descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the 292.46 level (pivot 2 of the wave C).
Stop-loss is under the …
Don't have your language?
