The general trend is ascending. Currency pair fluctuates within 365 and 135 moving averages. The descending wave structures are truncated. Awesome Oscillator indicates bullish divergence and Stochastic Oscillator shows oversold conditions.
Trading idea: buy on initialization of ascending wave pattern where a wave (A) surpasses 1 .7151 level (pivot 2 …
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The general trend is ascending. The share is traded within bottom limit of the ascending channel span. Mirror level 121.50 restrains sellers. The descending wave structure is truncated. Awesome Oscillator indicates bullish divergence and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy on the initialization of ascending pattern where …
The euro against the dollar is showing a new bullish tendency to gradually approach the 1.1375 level, which provides indications that the price is heading to surpass this level and open the way to achieving more expected gains on the intraday basis, supported by the positivity of the stochastic indicator. …
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