The currency pair fluctuates between 365 and 135 ascendant moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The descendant truncated structure’s inclined channel is breached.
Trade idea:
Buy when the ascendant wave structure forms.
Stop-loss below …
News of the day, Monday, February 14
The USA's economy has decreased to a record low level according to the Heritage Foundation’s economic freedom annual index. The report points out that the USA has fallen by 2,7 points compared to the economic freedom index of 2021. The current level is …
The price of gold managed to touch the positive target indicated in our last technical update at 1860.00 and found strong resistance there, to hang between this barrier and the support that was formed at 1845.00, which makes us prefer to stop being neutral until the price confirms that it …
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