The currency pair is trading in the range of the upper limit of the descending price channel. The ascending pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition. The inclined channel of the ascending truncated wave pattern of the M30 level is …
The pair turned up on hopes for a new stimulus deal in the US, the positive outlook weighs on the dollar. If this sentiment persists, the price will continue upwards.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving averages are …
The company is one of the Dividend Aristocrats in the US, and the stock is trading in the range of historical lows. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition. A breakout of 27.00 will result in the formation of a 1-2-3 ascending pattern. …
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