The general trend is ascendant. The descendant wave structure is truncated. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and moving levels of Stochastic Oscillator have left the oversold area.
Trading idea:
Buy when level 135.070 is breached.
Stop-loss: 134.052.
Target levels: …
News of the day, Wednesday, June 15
Oil prices rose today after losses in this session amid concerns over fuel demand and an expected big rate hike by Fed. Brent crude futures were up 0.4%, and WTI crude rose 0.3%.
Euro rose after the announcement of the ECB’s governing council …
Gold continues on the bearish path after testing the resistance level 1827.20 and failing to breach it, rebounding to the downside and reaching the support level 1810.90 and trying to breach it, and completing the bearish scenario to the main support level 1790.00.
Therefore, we will continue to suggest the …
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