The ascending wave pattern is truncated. The inclined channel of the ascending pattern is breached. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.
GBP/CAD rate online: the price movement in real time.
Trading idea:
Sell when the descending wave pattern is …
The pound sterling against the dollar presented additional positive trades yesterday and made an attempt to breach the 1.3250 level. It however returns to fluctuate around this level and shows a bearish tendency now. The recent trades are confined to a bullish wedge pattern that we expect to push the …
Today, on Wednesday 22, gold futures decrease slightly in a narrow range. Investors are waiting for the US economy to reveal the final GDP index. The result will confirm the expansion of the largest economy in the world. At the same time, USD index has increased for the first time …
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