Tuesday, August 31st, today’s news —soften rhetoric of Fed’s head Jerome Powell eased the fears about the imminent reduction of monetary stimulus, which resulted in historical heights for SP&500 and Nasdaq US stock indexes. The price of Brent oil is $71,95 per barrel, WTI — $68,69. EUR/USD is at 1,1828, …
#DAL
The main descending wave pattern ended with the breakout of the price pivot of wave 2 (C), the internal truncated pattern ended in all three signs. There is a bullish divergence on Awesome Oscillator. A breakout of 41.77 will result in the formation of an ascending wave pattern.
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The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending wave pattern of the H4 level is truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.
monitor the price movement in …
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