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Currency pair analysis for today, October 28th: GBP/USD

 

The GBP/USD pair tested the pivotal support 1.3720 and kept its stability above it, to start today with a bullish bias in an attempt to move away from this level. This keeps the bullish trend scenario valid on the intraday and short term, waiting to test the 1.3795 level …

Trading idea for today: Caterpillar Inc. (NYSE)

#CAT

The overall trend is upward. The descending internal wave pattern is truncated. The Awesome Oscillator shows a bullish divergence. Breaking the level of 205.27 will form an ascending wave pattern where the wave (A) breaks through the inclined channel of the descending pattern.

 

Trading idea:

Buy at the …

Currency pair analysis for today, October 13th: NZD/CAD

The ascending wave pattern is truncated. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator signals overbought conditions. In the range of the resistance level, a “Pin Bar” reversal pattern with a false breakout was formed.

NZD/CAD rate online: monitor the price movement in real time.

 

Trading …

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