#ITX
The overall trend is upward. The support level of 27.70 holds sellers back. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) …
The overall trend is downward. The ascending wave pattern is truncated. The currency pair trades in the range of the upper border of the descending price channel. A bearish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals overbought conditions.
EUR/GBP rate online: the price …
The pound sterling vs. dollar pair traded with strong negativity in the past sessions; it reached the 1.3200 barrier, reinforcing the expectations of the continuation of the bearish trend. The way is open to achieving our main awaited negative target at 1.3160.
The EMA50 continues to press negatively on the …
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