The overall movement is upward. A descending truncated pattern of the M30 level has formed which tests the 50% Fibo level of the ascending wave (of the H4 level). Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy strictly while the ascending pattern is …
The pair is trading below 1.1000 due the pause in the Fed's interest rate cut and the expectated continuation of the very soft monetary policy of the ECB. The revival of monthly consumer inflation in the States was also a motivator for the decline.
The price is below the middle …
The positive sentiment in the stock market is fading. Investors initially believed that the US-China trade war was over, but Donald Trump indicated the contrary at New York Economic Club.
Intel shares tested April’s maximum in the range of 59 dollars. The support level of 57.38 holds back sellers. A …
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