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USDCNH analysis

USDCNH
The round level of 6.500 deters buyers. The ascending wave pattern is truncated. There is a bearish divergence on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.


Trading idea:
Sell when a descending wave pattern is formed, where the wave (A) breaks through the inclined channel of the ascending …

Gold analysis

Gold futures contracts fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the tenth session in fourteen sessions from the lowest since mid-April, ignoring the positive stability of the US dollar index near its highest in three months, according to the …

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