The pair found support at 1.1830 thanks to a change in market sentiment on Thursday, despite the high number of jobless claims in the US and weak manufacturing data from the Philadelphia Fed. If the market sentiment improves, the US dollar will weaken across the entire Forex market.
Technical …
The stock is trading in the range of the lower border of the upward price channel. A descending truncated pattern has formed, confirmed by divergence on Awesome Oscillator and oversold condition on Stochastic Oscillator.
: monitor the price movement in real time.
Trading recommendations:
Buy when …
Thursday, August 20th, today’s news—the Fed's meeting minutes signal a pessimistic outlook for the economic recovery. This caused negative trends in American, European and Asian markets; dollar is stronger after the regulator indicated no policy changes, gold is down; the US and China to hold trade talks in the next …
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