The pair is consolidating, forming a "rising flag" pattern, which can be finished by a price surge. Despite the local strengthening, the US dollar is still fundamentally weak against the euro.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is …
The overall trend is upward. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (aC) breaks …
The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness from the top of it since the sixth of February 2019 against the US dollar after the economic developments and data that we have followed on the Australian economy and before the …
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