Downward wave patterns are truncated. The bears are testing the historical level of 0.9700. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator indicator signals oversold.
Trade idea:
Buy on the formation of an upward wave structure where wave A breaks through the downward sloping truncated channel. …
Oil prices fell on Wednesday after industry data showed that US crude inventories unexpectedly rose last week, indicating a potential hiccup in demand, though supply concerns kept losses in check.
At 0323 GMT, Brent crude futures were down 23 cents, or 0.2%, to $96.08 per barrel. The price …
Gold continues its bullish movement, as it tested the resistance level of 1800.00 yesterday, then rebounded from it in a correction for the bullish path, and reached the support at the lower limit of the ascending channel within which it is moving, as well as the moving average level 20. …
Don't have your language?
