The pound against the dollar continued its bullish movement and managed to break the resistance level 1.2175. It is approaching the next resistance at the value 1.2260 in an attempt to complete the current bullish path.
Technical indicators support the bullish scenario as the averages move below the price within …
The EUR/USD pair rose and reached the resistance 1.0250 again in an attempt to breach this level and start the bullish path. And try to reach the target 1.0330.
The bullish movement comes with positive support from the moving averages and the stochastic indicator.
It should be noted that the …
#FB
The 159.09 support level is holding back the sellers. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator is signaling oversold. A "hammer" reversal pattern has been formed on the daily timeframe.
Trading idea:
Buy on a breakout of 161.46.
Stop-loss under the support level 154.09. …
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