The support level of 0.9130 holds back the sellers. The descending wave pattern of the H4 level is truncated. A bullish divergence has formed on the Awesome Oscillator.
AUD/CAD rate online: the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where …
The gold price managed to break the 1800.00 level and stabilize with the daily closing below it, which supports the continuation of the expected bearish trend scenario for the upcoming period. It is also supported by the negative pressure formed by the moving average 50, waiting to visit the 1770.00 level …
The GBP/USD pair succeeded in achieving our awaited target at 1.3355 and settling near it, and is likely to break this level with the support of the negative pressure formed by the EMA50. It will open the way to 1.3160 as the next negative target.
From here, the bearish trend …
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