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Trading ideas for Electricite de France (EURUNEXT) 01.09.2020

#EDF

The stock is trading in the range of the lower limit of the ascending price channel. Stochastic Oscillator showed an exit from the oversold zone. A breakout of the resistance level of 8.95 will result in the formation of 1-2-3 (an upward pattern).

Trading recommendations:

Buy above 8.95.

Stop …

EURCAD analysis 01.09.2020

EURCAD

The currency pair is trading in the range of the lower border of the ascending price channel. The descending H8 level pattern ended with the breakout of an inclined channel. Bullish divergence has formed Awesome Oscillator. The price pivot zone of 1.5606 is holding back buyers.

Trading recommendations:

Buy …

EURUSD technical analysis 01.09.2020

EURUSD

The pair is testing the resistance line of the “rising flag” trend continuation pattern. It’s supported by the globally weak US dollar following the Fed’s new inflation target and rising demand for risk assets corporate stocks.

Technical side:

The price is at the level of the upper Bollinger band, …

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