The overall trend is upward. The descending wave pattern is truncated and ended with a breakout of the inclined channel. A bullish divergence has formed on the Awesome Oscillator.
USD/JPY rate online: the price movement in real time.
Trading idea:
Buy at the breakout of 113.70.
Stop Loss: 112.50. …
News for today, November 30:
Drugmaker Moderna (NASDAQ: MRNA) reinforced concerns in financial markets on Tuesday, as the company's head warned that COVID-19 vaccines are not likely to be as effective against the Omicron variant as against the Delta strain. As a result, oil prices fell on Tuesday, decreasing more …
Gold price kept its stability below 1797.00 level, and now faces a strong support line that hinders the price’s downward path. Therefore, it needs to break the 1783.0 level to open the way to our first awaited negative target at 1770.00.
In general, we continue to suggest the bearish trend …
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