The overall trend is downward. The ascending wave pattern is truncated. A bearish divergence has formed on the Awesome Oscillator. The inclined channel of the truncated ascending pattern is broken.
EUR/NZD rate online: the price movement in real time.
Trading idea:
Sell at the breakout of 1.6568
Stop Loss: …
Gold price closed yesterday’s trading below the level of 1770.00, which confirms the continuation of the bearish trend in the intraday and short term. The price targets the level of 1734.00 as the next main station.
The EMA50 continues to press negatively on the price to support the decline expectations, …
The pound sterling against the dollar opens today's trading with a new bearish bias, and moves below the 1.3300 barrier, reinforcing the expectations of the continuation of the bearish trend. It is also supported by the negativity of the stochastic indicator and the moving average 50, with the price waiting …
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