The currency pair is trading in the range of circular important level 1.3120. Awesome Oscillator indicator has bullish divergence, and Stochastic Oscillator indicator signals oversold. Breaking through the circular secondary level of 1.3120 will form an ascending wave structure.
Trading idea:
Buy on a breakout of 1.3120.
Stop-loss: 1.3080.
Target …
Commodities market
Oil prices rose from multi-month lows on Monday as investors' appetite improved in response to data on US jobs and Chinese exports that alleviated recession fears.
By 0439 GMT, Brent crude futures had risen 22 cents, or 0.2 percent, to $95.14 per barrel. West Texas Intermediate crude in …
Gold prices rebounded from the top that formed last week due to the American news that was issued last Friday, which led the price to retreat to the support level 1770.00 and the price stability above the mentioned support. Therefore, it is considered a positive opportunity to continue the bullish …
Don't have your language?
