The currency pair is trading in the range of 365 and 135 moving averages. It could be that the ascending pattern of the H1 level is the wave (B) of the descending pattern of the higher level. Stochastic Oscillator signals oversold conditions.
Trading idea:
Sell when the descending wave pattern is formed where the wave …
The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session, to witness its lowest since the fifth of November 2020 against the US dollar, following the developments and economic data that we followed about the Australian economy and on the cusp of developments and economic …
Thursday, August 19th, today's news — Virpax has developed a promising medicine for the COVID-19 and flu treatment of COVID-19, which received a satisfactory response from the US Food and Drug Administration (FDA). The price of Brent oil is $67.12 per barrel, WTI — $63.92. EUR/USD is at 1.1677, GBP/USD—1.3701, …
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