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Trading ideas for Industria de Diseno Textil (BM) 18.08.2020

#ITX (BM)

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 …

AUDUSD analysis 18.08.2020

The Australian dollar fluctuated in a narrow, rising range during the Asian session against the US dollar, before the economic developments and data that were followed by the Australian economy and on the cusp of economic developments and data expected today, Tuesday, by the US economy, the largest economy in …

EURUSD analysis 18.08.2020

The single currency, the euro, fluctuated in a narrow, upward sloping range during the Asian session, to witness its highest since the sixth of August, when it tested its highest since May 15, 2018, against the US dollar amid a scarcity of economic data by the economies of the euro …

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