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EUR/USD currency pair analysis

There is nothing new about the movement of the euro against the dollar, as the pair continues its bearish movement within the channel shown in the chart. Therefore, the bearish trend scenario will continue steadily as long as trading is stable below the 1.0475 level, and the target will be …

Trading idea for BNP Paribas SA (EURONEXT)

#BNP

The share is traded between 365 and 135 downbound moving averages. The trend continuation figure “pennant” is forming. Awesome Oscillator indicates bearish divergence, and moving levels of the Stochastic Oscillator are close to the overbought area.

Trading idea:

Sell after the price holds below the mirror level of 49.760, …

EUR/GBP currency pair analysis

The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.

Trading idea:

Buy when the ascendant wave structure …

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