The Australian dollar against the US dollar is still stuck between the pivotal levels represented by support 0.7725 and resistance 0.7765, which makes us remain neutral until the price confirms the breach of one of these levels to determine its second direction more precisely.
We point out that the breach …
Amazon shares continue to move sideways despite the decline that occurred at the end of last week, as the stock traded below the ascending channel in which it was trading, which is shown in the chart. The price is currently trying to breach the support level at the lower end …
Analysis based on modified Elliot Waves, Fibonacci retracement, and price channels
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. Stochastic Oscillator signals an oversold condition. The inclined channel of the descending pattern is breached. The breakout of 0.7287 will result …
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