The pair tested the 1.3470 level and bounced down from there, which keeps the bearish trend scenario active for the upcoming period. It will be organized within the descending channel that appears on the chart, and the price will visit 1.3355 as the next main target.
The moving average 50 …
The overall trend is downward (time frame H4). The ascending wave pattern of the H1 level is truncated. A bearish divergence has formed on the Awesome Oscillator, while Stochastic Oscillator signals overbought conditions. The inclined channel of the truncated ascending pattern is broken.
GBP/AUD rate online: the price …
News for today, November 22:
The stock market started the week unsteady, while oil and euro were under pressure on Monday. This was prompted by the return of COVID-19 restrictions in Europe and talk of a hasty cut in stimulus from the U.S. Federal Reserve.
Oil prices climbed from seven-week …
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