The overall trend is upward. The 262.0 support level is holding back sellers. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
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Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave …
Friday, September 11th, today’s news—European markets are flat following the ECB meeting, the regulator offered a positive outlook. The UK economy grew 6.6% in July, but new Brexit tensions are escalating, oil continues to fall as stockpiles rise. The price of Brent oil is $40.09, WTI—$37.39. EUR/USD is at 1.1857 …
The Australian dollar against the US dollar conducted a retest of the previously broken support of the main ascending channel and rebounded downwards from there, which maintains the bearish trend scenario valid and effective for the upcoming period, supported by the EMA50, waiting to head towards 0.7135 then 0.6964 as …
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