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GBP/USD currency pair analysis


The pound against the dollar was able to breach the resistance level of 1.2175 and is trying to stabilize above it in an attempt to complete the bullish path and reach the next target at the value of 1.2260, which it approached at the end of last week's trading.

In …

EUR/USD currency pair analysis


The euro against the dollar continues to move sideways between the level 1.0250 as a resistance level and the level of 1.0170 as a support level, as it did not form any new movement for more than a week, to continue our expectations for the price movement last week. We …

Trading idea for Bank of America Corp. (NYSE)


#BAC

The general trend is downward. The currency pair is trading in the 365 and 135 EMA range. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator indicator.

Trading idea:

Sell on the formation of a downtrending wave structure where wave (A) breaks the …

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