The support level of 0.8775 is holding back sellers. Awesome Oscillator shows a bullish divergence. The descending wave pattern is truncated.
: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …
The pair in an uptrend ahead of today’s jobs data release in the US. The American economy is expected to have created 978,000 jobs compared to 916,000 in the previous month. If non-farm payrolls aren’t below the predictions or even beat them, the dollar will rise. In the opposite …
Analysis based on modified Elliott waves, Fibonacci retracement, and price channels
The overall trend is upward. H2 level descending wave pattern is truncated. The internal H1 level pattern is also truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
Trading idea:
Buy when an ascending wave …
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