#ADS
The overall trend is upward. The expected correction movement is in the range of the price pivot zone of 250.00. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …
Wednesday, May 5th, today’s news—European markets rebound on positive corporate earnings, investors monitor important economic data releases. Ethereum hits a record high, outpaces bitcoin in growth, US Treasury Secretary Janet Yellen hints at higher interest rates, dollar is up. The price of Brent oil is $69.72, WTI—$66.44, EUR/USD is at 1.1990, …
Futures contracts for gold prices fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness their rebound for the second session in five sessions from the lowest since mid-April amid the bounce of the US dollar index for the second session from its highest …
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