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Australian dollar analysis 06.10.2021

The Australian dollar against the US dollar pair resumes its negative trading with the opening of the day after consolidating below the 0.7290 level, to keep the bearish trend scenario valid and active for the upcoming period, waiting for the breach of the 0.7245 level to facilitate the task of …

Trading idea for today: GlaxoSmithKline PLS (LSE)

#GSK

The overall trend is upward. The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions. 

Trading idea

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern or …

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