The Australian dollar rose during the Asian session to witness its rebound to the second session from its lowest since the eighth of last February against its US counterpart, following the developments and economic data that they followed on the Australian economy and on the cusp of economic developments and …
The pair remains sideways amid an established balance between the strengths and weaknesses of the US dollar and the euro, which will result in the prolonged period of consolidation.
Technical side:
The price is located below the lower Bollinger band, above SMA 5, but below SMA 14. RSI is …
#HUM
The overall trend is upward. A bullish divergence has formed on Awesome Oscillator, and the moving averages Stochastic Oscillator have left the oversold zone and are directed upwards. The breakout of 390.0 will result in the formation of an ascending wave pattern.
Trade idea:
Buy above 390.0.
Stop Loss: …
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