The ascending pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals an overbought condition.
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Trading recommendations:
Sell when a descending wave pattern is formed, where wave A breaks through the inclined channel of the ascending …
The pair is trading above 0.7270. It’s supported by the overall demand for risk assets, while it’s expected that China–Australia trade will benefit as the relationship between Beijing and Washington is normalized.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI …
Monday, November 9th, today’s news—Joe Biden is elected President in the US, Dow futures up more than 300 points, total COVID-19 cases in America exceed 10 million. Eureopan and Asian markets also reacted positively, dollar is weaker, investors turn to risk assets. The price of Brent oil is $40.41, WTI—$38.12, …
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