The fluctuation of the US dollar in a narrow range tilted to the upside during the Asian session to witness the highest since May 23 against the Japanese yen after the developments and economic data that were reported by the Japanese economy, the third largest economy in the world after …
The resistance level of 129.00 holds back buyers. A bearish divergence is forming on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals overboughtness.
Trading recommendations:
Sell while the descending pattern is forming, where wave (A) breaks through the inclined channel of the ascending structure, completing it.
Stop loss for the …
The general trend is upward. Gold is trading in the range of 365 and 135 moving averages. A descending truncated pattern of the H2 level has formed. Bullish divergence was formed on Awesome Oscillator indicator, and Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy while an ascending wave pattern is forming, …
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