#BYD (HKEX)
The overall trend is upward. A false breakout of the support level of 70.30 has formed, after which a hammer (a reversal candlestick pattern) has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator has been indicating an oversold condition for a long time.
Trading recommendations:
Buy …
The Australian dollar against the US dollar is fluctuating around the level of 0.7243 and is trying to breach it, to keep the bullish trend scenario valid and effective during the upcoming sessions, supported by the moving average 50, which continues to carry the price from below, waiting to head …
The single currency, the euro, fluctuated in a narrow range slanting to an upside during the Asian session, to witness against the US dollar amid scarce economic data from the eurozone economies and ahead of the developments and economic data expected on Wednesday by the US economy, the largest economy …
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