Friday, July 23rd, today’s news — Wall Street closed slightly higher on Thursday, continuing a two-day rally thanks to the tech sector, as mediocre economic data and mixed financial results of companies forced investors to turn their attention to growth stocks. The price of Brent oil is $73.81 per barrel, …
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The descending truncated wave pattern ended with the breakout of the inclined channel. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. A breakout of 9.35 will result in the formation of an ascending wave pattern.
Trading Idea:
Buy above 9.35.
Stop Loss: 8.65. …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.
: monitor the price movement in real time.
Trading …
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