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EURAUD analysis


The descending wave pattern of the H8 level is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

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Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …

AUDUSD analysis

The Australian dollar fluctuated in a narrow range tilted towards decline during the Asian session, to witness its lowest since July 21, when it tested its lowest since November 24, 2020 against the US dollar, following developments and economic data that we followed about the Australian economy and on the …

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