#RACE
The overall trend is upward. The descending pattern of the H4 level is truncated. The internal pattern of the H1 level is also truncated. Probably a reversal wave model is forming. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading Idea:
Buy when a rising …
Tuesday, January 26th, today’s news—European markets are up, positive sentiment in Germany's industrial exports, UK jobless rate is at almost five-year high. American indices fall, Asian markets hit a two-month low, dollar is stronger. The price of Brent oil is $55.91, WTI—$53.03, EUR/USD is at 1.2127, GBP/USD—1.3650, gold is $1,852.00 per …
Gold futures contracts fluctuated in an upward sloping range during the Asian session, to witness a resumption of their rebound from the lowest since the beginning of December amid the negative stability of the US dollar index according to the inverse relationship between them on the cusp of developments and …
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