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Trading idea for Volkswagen AG (XETRA)

#VOW3

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages (EMA). Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.

 

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the …

Gold analysis

Gold futures fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound to the third session from its lowest since mid-April, ignoring the negative stability of the US dollar index near its highest in three months, according to the inverse relationship between them …

USDJPY analysis

The dollar against the yen pair hovers around the 110.50 level, and as we mentioned in our recent reports, the price needs to hold above this level to keep the bullish trend active, as breaking it will pressure the price to test 109.90 initially before returning to the rise, while …

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