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Trading idea for Industria de Diseno Textil (BM)

#ITX

The overall trend is ascending. The support level 27.00 holds the sellers back. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The inclined channel of the descending truncated pattern is breached.

Trading idea:

Buy when the 28.28 level is breached.

Stop loss …

Currency pair analysis CAD/JPY

The overall trend is descending. The currency pair is trading in the range of the upper edge of the descending price channel. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.

CAD/JPY rate online:  the price …

Currency pair analysis GBP/USD

The GBP/USD pair managed to achieve our first awaited target at 1.3410 and breached it to settle above it. This supports the continuation of our expectations of the dominance of the bullish corrective trend, whose next target is 1.3485.

GBP/USD rate online:  the price movement in real time.

Therefore, …

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