The Australian dollar against the US dollar is showing positive trading, reaching the outskirts of the first awaited target at 0.7765, and we believe that opportunities are available to surpass this level and achieve extended positive targets that reach 0.7835 then 0.7900.
From here, we will continue suggesting …
#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, …
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