The pound against the dollar is fluctuating around the resistance level 1.2000 in an attempt to return to the bullish path, which is confirmed by stability above the mentioned level.
Technical indicators support the bullish scenario, where the price is affected by the positivity of the stochastic indicator. Also, the …
The EURUSD pair tried to breach the resistance 1.0250, but it failed to do so and then rebounded down to the support level 1.0170, where the EMA 20 resides, which stopped the bearish rebound. It pushed the price to return to the upside, affected by the positivity of the stochastic …
#CNOOC
The general trend is ascendant. The descendant wave structure has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. A breach of 10.07 will cause an ascendant wave structure to form.
Trading idea:
Buy when level 10.07 is breached.
Stop-loss: 9.26.
Target …
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