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Trading idea: Volkswagen AG (XETRA)

#VOW3

The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The support level of 182.20 holds back the sellers.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined …

Currency pair analysis: EUR/NZD

The overall trend is downward. The ascending patterns H8, H2 and H1 are truncated. A bearish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions. The inclined channel of the ascending pattern of the H2 level is broken by the downward movement.

EUR/NZD rate online: …

Gold analysis for 12.11

Gold price starts today’s trading with a slight bearish tendency to move below 1860.00. However, we will rely on the daily closing above this level that the price achieved. Therefore, we continue suggesting the bullish trend for the upcoming period, with the price heading towards the 1900.00 level mainly.

The …

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