The ascending wave pattern of the H1 level is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions. The breach of 1.0524 level will form the descending wave pattern, where the wave (A) breaks the inclined channel of the ascending truncated …
News for today, December 13:
U.S. dollar starts higher on Monday as investors wait for the central bank meetings this week. The ECB, The Fed, Bank of Japan, the Bank of England, Swiss National Bank, Central Bank of Russia, and others will issue the updated policies.
The oil rallies on …
Gold price bounced upwards after touching the first awaited target at 1,770.00. It tried to retest the broken support line for the bearish flag pattern, accompanied by the noticeable loss of the positive momentum stochastic. Still, the bearish trend resumes, and the price breaks the mentioned level to head …
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