#MKS
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence. The share fluctuates between 365 and 135 moving averages.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss …
News for today, Friday, February 4
The US dollar decreased approx. by 2% this week, which is the most noticeable weekly drop since March 2020. On the other hand, EUR/USD is up 0.2% to 1.1456. The main reason for Euro’s increase is the ECB press conference following a policy meeting …
The GBP/USD pair managed to achieve our extended target at 1.3610 and is making attempts to breach it now, to indicate the price direction to confirm restoring the main bullish trend again, as we expect to achieve additional positive targets that reach 1.3685 then 1.3745.
Therefore, the bullish trend will …
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