The overall trend is downward. The ascending pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator. The inclined channel of the ascending pattern of the H8 level is broken. Breaking through the support level of 0.8854 will result in the formation of a …
Thursday, January 14th, today’s news—the incumbent President of the US Donald Trump impeached for the second time following the Washington riots. European markets are up in anticipation of a new stimulus package in the US, while China reports better-than-expected export growth, gold is lower. The price of Brent oil is …
The Australian dollar versus the US dollar is fluctuating in a sideways path since yesterday, and we notice that the SMA 50 is a good support against the price, while the stochastic oscillator starts to cross positively now.
Consequently, the bullish trend scenario will remain valid and effective for the …
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