USDCHF
The overall trend is downward. A bearish divergence is forming on Awesome Oscillator, and Stochastic Oscillator showed an exit from the overbought zone.
Trading recommendations:
Buy when a 1-2-3 downtrend pattern is formed, where wave 1 breaks the inclined channel of the downward pattern.
Stop Loss beyond the local …
Wednesday, September 2nd, today’s news—weak eurozone data, negative inflation, low retail sales in Germany. Despite this, European shares are rising following a strong Wall Street session, Dow futures are up nearly 100 points, oil and Treasury yields are rising. The price of Brent oil is $45.67, WTI—$42.92. EUR/USD is at …
The Australian dollar against the US dollar opens the trading day with an additional bearish tendency to approach the pivotal support 0.7325, and the price needs to consolidate above this level to keep the bullish trend scenario effective for the coming period, as breaking it will cause more decline to …
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