The fluctuation of the US dollar in a narrow range slanted toward decline during the Asian session, to witness its rebound to the seventh session in ten sessions from the top since June 9 against the Japanese yen after the developments and economic data that it had reported on the …
The overall trend is downward. The ascending H1 level pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.
: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern is formed, where the wave …
The pair is trading above 1.2535 in anticipation of the UK GDP release, as well as the employment data and performance indicators. If they turn out to be better than predicted, the pair may continue to grow, but in the opposite scenario, expect the price correction to continue.
Technical …
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