The general trend is ascendant. The inner descendant structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Buy when the ascendant wave structure forms, where a wave (A) breaches through the pivot 2 of the wave C — 1.0703.
Stop-loss under the …
The pound sterling dollar pair traded with noticeable negativity yesterday, to approach our awaited target at 1.3525, but it rebounded upwards to move around 1.3600, noting that the stochastic indicator is clearly losing its positive momentum, to support the chances of resuming negative trading and heading towards the mentioned target …
The gold price fluctuates around the 1900.00 barrier, and is affected by the negativity of the stochastic indicator, which hinders the price mission to continue rising, noting that the index is gradually gathering positive momentum, waiting to motivate the price to resume positive trading to breach the 1916.25 level and …
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