The Australian dollar against the US dollar maintains its stability above the pivotal support floor of 0.7810, to keep the bullish trend valid and effective for the upcoming period, stimulated by the positivity of the stochastic indicator, awaiting a visit to the 0.7900 level initially.
Breaching the target level …
Tuesday, May 11th, today’s news—markets are waiting for the release of US consumer price data on Wednesday to determine if inflationary pressure rises. Dollar edged higher in early European trade Tuesday, but gains were capped by the strength of commodity currencies on the back of rises in the prices of …
#CRM
The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending wave pattern.
Stop loss under …
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