The general trend is ascendant. The currency pair fluctuates between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence. The inclined channel of the descendant structure is pierced.
Trade idea:
Buy when the curve breaches through 10.4281 (when the ascendant wave structure forms).
Stop-loss below the mirror level 10.3628. …
News for today, Thursday, February 3
The fall of Meta stocks has led Pinterest and other social media to decrease. The disappointment from Facebook Meta Platforms (FB) quarter report caused a 22% fall. Meta lost 193 billion dollars of its market capitalization. Following such dynamics, Twitter decreased by 8.4%, Pinterest …
Gold price shows new positive trades, but it faces strong resistance formed by the EMA50. Gold is waiting to cross this barrier to facilitate the task of heading towards our next positive station, which is located at 1825.15.
Therefore, our bullish trend expectations will remain valid and effective for the …
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