The descending wave patterns are truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.
EUR/NZD rate online: the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined …
Gold price is trading above 1860.00, which keeps the bullish trend scenario valid and effective for the upcoming period. It is also supported by the EMA50 that carries the price from below. The price is waiting to head towards 1900.00, our next main target.
The current negativity of the stochastic …
The GBP/USD pair rushed upwards to breach the 1.3470 level and settle above it, which gives way to more bullish correction on the intraday term, targeting the 1.3540 level as a next stop. Breaching it will push the price to visit the 1.3595 level as a second corrective station.
The …
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