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Trading idea for Industria de Diseno Textil (BM)

#ITX

The overall trend is upward. The price pivot zone of 24.40 deters sellers. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading Idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through …

AUDNZD analysis

AUDNZD

The overall trend is upward. The support level of 1.0671 held back sellers. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The descending pattern of the H4 level is truncated.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks …

USDJPY technical analysis

USDJPY

The pair receives support amid the investors’ misunderstanding of the vaccination process along with the economic growth in Western countries, as well as misunderstandings with the implementation of Joe Biden's support program in the amount of $1.9 trillion.

Technical side:

The price is located above the middle Bollinger band, …

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