The currency pair is trading at the upper bound of the descending price channel. An ascending truncated H2 level pattern has formed. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator indicates an overbought condition.
: monitor the price movement in real time.
Trading recommendations:
Sell …
#BYD (HKEX)
The overall trend is upward. A false breakout of the support level of 70.30 has formed, after which a hammer (a reversal candlestick pattern) has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator has been indicating an oversold condition for a long time.
Trading recommendations:
Buy …
The Australian dollar against the US dollar is fluctuating around the level of 0.7243 and is trying to breach it, to keep the bullish trend scenario valid and effective during the upcoming sessions, supported by the moving average 50, which continues to carry the price from below, waiting to head …
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