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Trading Ideas for 3M Co. (NYSE) 12.05.2020

The general trend (at H1) is upward. The support level of 145.0 is holding back sellers. A downward truncated pattern has formed, and a bullish divergence has formed on Awesome Oscillator.

Trading recommendations:

Buy strictly while an ascending wave pattern is forming, where wave (A) breaks through the inclined …

AUDUSD analysis 12.05.2020

The Australian dollar fell during the Asian session to witness its bounce for the second consecutive session from its highest since late April, when it tested its highest since March 10 against the US dollar after the developments and economic data that it had reported on the Australian economy and …

EURUSD analysis 12.05.2020

The euro currency fluctuated in a narrow range tilted to the upside during the Asian session to witness its bounce back for the third session in four sessions from the lowest since April 24 against the US dollar and amid the scarcity of economic data by the euro area economies …

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