#DAI
The bulls have tested the upper boundary of the descending price channel and the resistance level of 60.95. The Awesome Oscillator indicator has bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) breaks the sloping …
Downward wave patterns are truncated. The bears are testing the historical level of 0.9700. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator indicator signals oversold.
Trade idea:
Buy on the formation of an upward wave structure where wave A breaks through the downward sloping truncated channel. …
Oil prices fell on Wednesday after industry data showed that US crude inventories unexpectedly rose last week, indicating a potential hiccup in demand, though supply concerns kept losses in check.
At 0323 GMT, Brent crude futures were down 23 cents, or 0.2%, to $96.08 per barrel. The price …
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