The currency pair is trading in the range of 365 and 135 moving averages directed down. An extended bearish divergence is forming. An ascending truncated pattern has formed on the chart.
: monitor the price movement in real time.
Trading recommendations:
Buy when a descending wave …
The pair is declining amid the rising demand for risk assets, which puts pressure on the US dollar, the release of Canadian GDP, and the rising crude oil prices.
Technical side:
The price is located below the lower Bollinger band, below SMA 5 and SMA 14. RSI is below …
Wednesday, September 30th, today’s news—Chinese PMI rose in September, Asian and Pacific markets are mixed. American and European markets fall following the presidential debates in the US, the dollar is stronger. The price of Brent oil is $41.06, WTI—$38.92, EUR/USD is at 1.1701, GBP/USD—1.2828, gold is $1,888.75 per ounce.
Don't have your language?
