The EUR/USD pair continues its low movement after it settled below the support level of 1.0200, and therefore the bearish scenario remains active during the upcoming period, and the target will be the level of 1.0150, then 1.0100.
The moving averages are pressing the price to decline further, as it …
#RRC
The general trend is ascendant. The descendant truncated wave structure has finished breaching the inclined channel. Bears have tested the lower border of the ascendant price channel. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms.
Stop-loss: 23.30. …
The ascendant wave structures are truncated. The round intermediate level 0.9750 restrains buyers. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss is over …
Don't have your language?
