Thursday, August 5th, today’s news — according to the results of August’s meeting, the Bank of England probably will not change the main parameters of monetary policy, despite calls from some members of the leadership to tighten it, experts predict. The price of Brent oil is $70.29 per barrel, WTI …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. A Bearish divergence has formed on Awesome Oscillator. Breaking through the support level of 0.9244 will result in the formation of a descending wave pattern within the overall downtrend.
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The overall trend is upward. The descending wave pattern is truncated. The 198.50 support level is holding back sellers. The stock is trading in the range of 365 and 135 moving averages (EMA). There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
Trading idea: …
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