The currency pair is trading in the range of the upper boundary of the Ichimoku cloud. Probably, the descending wave pattern is a correction wave (B) of the ascending pattern. Awesome Oscillator shows Bullish divergence, while Stochastic Oscillator signals oversold conditions.
: monitor the price movement …
Wednesday, June 16th, today’s news—a five-year ceasefire agreement in the US-EU dispute over subsidies to aircraft manufacturers on Tuesday showed that despite progress, fundamental trade relations between the parties remain fragile. There are still many unresolved differences, diplomats and experts say. The price of Brent oil is $74.40 per barrel, …
The Australian dollar against the US dollar pair continues to decline quietly to move below the 0.7700 barrier, reinforcing the expectations of the continuation of the bearish trend, which gets continuous support from the EMA50, waiting to visit the 0.7615 level as a next main target, reminding you of the …
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