#T
There is a truncated descending wave pattern. A bullish divergence has formed on Awesome Oscillator. The support level of 28.00 held back sellers.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss: …
Monday, July 12th, today's news — Microsoft will buy the developer of cybersecurity systems RiskIQ, Bloomberg reports. According to the agency, the deal is worth $500 million. The price of Brent oil is $74.89 per barrel, WTI — $73.95. EUR/USD is at 1.1877, GBP/USD—1.3783, gold is at $1.804.40 per ounce. Read …
The Australian dollar against the US dollar pair tested the 0.7765 level and keeps its stability below it so far, accompanied by the appearance of overbought signs through the stochastic indicator, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which mainly targets the …
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