The pair remains in a wide range of 1.2600-1.2785 and in a narrower range of 1.2685-1.2785 against the coming results of the Fed's monetary policy meeting, which will be announced today. This will not radically change the situation in the currency markets, but it may lead to a local …
#RACE
The overall trend is upward. The descending pattern of the H4 level is truncated. The internal pattern of the H1 level is also truncated. Probably a reversal wave model is forming. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading Idea:
Buy when a rising …
Tuesday, January 26th, today’s news—European markets are up, positive sentiment in Germany's industrial exports, UK jobless rate is at almost five-year high. American indices fall, Asian markets hit a two-month low, dollar is stronger. The price of Brent oil is $55.91, WTI—$53.03, EUR/USD is at 1.2127, GBP/USD—1.3650, gold is $1,852.00 per …
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