The ascending pattern of the H2 level is truncated, the inner pattern is also truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions. Probably the ascending truncated of the H2 level is the wave (B) of the descending wave pattern of the H8 level.
Wednesday, June 2nd, today’s news—the US S&P 500 index closed in the red on Tuesday under pressure from shares in the health and technology sectors, which, at the same time, was offset by growth in the energy and financial sectors: investors weighed fresh economic data from the US in search …
The dollar against the yen pair returns to rise after building on the EMA50, which constitutes a good support for the price, to keep the bullish trend valid on the intraday and short term, noting that our awaited targets start at 110.60 then 111.05.
On the other hand, it …
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