The descending wave pattern of the M30 level is truncated and ended with the breakout of the inclined channel. A bullish divergence has formed on Awesome Oscillator. The CAD index is trading in the range of the historical resistance level, and the NZD index is trading in the range …
Monday, May 31st, today’s news —the stock indexes of the Asia-Pacific region (APR) are mainly declining following the publication of disappointing statistical data from Japan and China. The price of Brent oil is $69.28 per barrel, WTI—$66.92. EUR/USD is at 1.2193, GBP/USD— 1.4183, gold is $1.904.83 per ounce. Read the …
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The overall trend is upward. The downward pattern ended with the breakout of the inclined channel. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions. Breaking through the resistance level of 114.34 will result in the formation of an ascending wave pattern within the overall …
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