#ROG
The trend is descendant. The share is traded between 365 and 135 EMA. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator indicates overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of …
News of the day, Tuesday, July 5
Gold fell by 0.2% yesterday to $1807 per ounce, over a softer dollar and prospects of higher interest rates.
The U.S. dollar edged lower today, with the DXY index down 0.1%.
Brent crude dropped today amid concerns over the possible recession. Brent crude …
The EUR/USD pair stabilized in the sideways range around the 7-20 EMAs and did not give any indication for the movement, so we maintain expectations of continuing the bearish path as long as the price is below the resistance level 1.0475, and the target will be the level of 1.0330 …
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