The overall trend is upward. The descending pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence. The support level of 1.0790 is holding back sellers.
: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is …
Monday, April 19th, today’s news—Asian markets are trading at 1.5-month highs, China's stocks lead. American markets are mixed following Dow and S&P record closes, oil drops on COVID-19 worries, dollar is still at one-month lows, popular cryptocurrencies fall, bitcoin traded almost 20% down. The price of Brent oil is $66.57, WTI—$63.03, …
The Australian dollar against the US dollar rebounded to the downside after achieving the first awaited target at 0.7765, heading towards a possible test of the 50 moving average that continues to support the price from below, noting that the stochastic indicator reaches oversold areas now.
Consequently, these factors …
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