The currency pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator, while Stochastic Oscillator signals oversoldness. A breakout of 1.0770 will result in the formation of an ascending pattern of 1-2-3.
Trading reccomendations:
Buy above 1.0770.
Stop loss: …
The pair is above 1.1345, after Thursday’s surge folowing the ECB's monetary policy meeting and the regulator’s unexpected decision to expand the stimulus measures by almost 2.5 times. If today’s US employment data is better than expected, this may lead to a local decline of the pair, likely to …
Yesterday the Australian dollar versus the US dollar resumed its positive trading yesterday and approached the 0.7000 barrier again, which strengthens expectations for the continuation of the main bullish trend, which is moving inside the bullish channel that appears in the image, with a reminder that our next main target …
Don't have your language?
