The inclined channel of the descending pattern is broken. Awesome Oscillator shows a bullish divergence. Stochastic Oscillator indicates an oversold condition. A breakout of the price pivot zone of 170.0 will result in the formation of an ascending pattern of 1-2-3.
monitor the price movement in …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending H2 level pattern is currently truncated, a "double bottom" pattern is forming, an extended bullish divergence is also forming on Awesome Oscillator.
Technical side:
The price is below …
Friday, October 2nd, today’s news—the president of the US Donald Trump tests positive for the coronavirus. European and American markets reacted with a decline, oil prices and Treasury yields dropped, while the dollar and the yen are up as risk appetite slips, gold prices also rise. The price of Brent …
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