#GD
The overall trend is upward. The stock is trading in the range of 135 and 365 moving averages. The descending H1 level pattern is currently truncated. A bullish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are directed upwards from the oversold zone.
Trading …
The currency pair is trading in the range of the lower limit of a flat range. The descending H4 level pattern and the descending down H1 level pattern are currently truncated. Probably a reversal wave pattern is formed. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator …
The pair is declining amid the low oil stockpiles in the US, as seen from the released data. Another negative factor for the pair is the weak US dollar and the positive outlook for commodity assets as the global economy recovers.
Technical side:
The price is below the middle …
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