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Trading idea for Deutsche Telekom AG (XETRA)

#DTE

The resistance level 17.854 restrains buyers. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant truncated structure is breached.

Trading idea:

Sell when the 17.130 level is breached.

Stop-loss is over the local maximum of …

EUR/AUD currency pair analysis

Bulls have once again tested the round secondary level 1.5280. The ascendant wave structure of the H1 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The upper border of the Ichimoku cloud is also tested.

Trading idea:

Sell when the descendant wave structure forms, …

Gold analysis

Gold started correcting upwards after the price rebounded from the support level of 1830.00 to breach the resistance level of 1845.00 upwards, and the bullish movement stopped temporarily at the moving average level 20, which constitutes resistance for the price at the value of 1856.00.

The 50 average continues negative …

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