Wednesday, September 1st, today’s news — the oil prices fell recently, but the upcoming OPEC+ meeting changed the course of their movement. The reason for this is the expectation of a decision to increase production by 400 thousand barrels per month. The price of Brent oil is $72,27 per barrel, …
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The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The breakout of 68.00 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending truncated pattern. …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending wave pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator.
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Trading idea: …
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