The overall trend is upward. The estimated correction has almost reached 50% of the impulse. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. An entry point is being formed "on rollback B".
EUR/CAD rate online: the price movement in real …
The GBP/USD pair opens today's trading positively, and is expected to test the resistance level that appears on the chart above. However, it is still within the main descending channel, and it is under the negative pressure from EMA50, while the stochastic indicator is gradually losing its positive momentum.
These …
Gold price fluctuates with quiet negativity, and is expected to approach the 1770.00 level. Negative trades are supported by the negative pressure formed by the EMA50, and the price awaits more decline to go beyond the mentioned level and extend the descending wave towards 1734.00.
Therefore, the bearish trend scenario …
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