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USDMXN analysis

USDMXN

The descending pattern is truncated.  Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. Completion of the descending truncated pattern with the formation of the ascending one will result in an entry point at truncated C.

Trade idea:

Buy when a rising wave pattern is formed, …

Trading idea for Procter & Gamble Co (NYSE)

#PG

The overall trend is upward. The bears are facing a price pivot zone of 127.40, which continues to hold back their onslaught. A pin bar has formed on the daily timeframe D1. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy …

USDCAD technical analysis

The pair is trading near the strong support level of 1.2660. The Canadian currency is supported by a strong rise in crude oil prices, but the US dollar is not giving up, as the growth in treasury yields is already supporting its course. This is the reason for the …

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