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GBP/USD Trading Analysis (02/12/2024)

The trend is down. The currency pair is trading in the range between 365 and 135 ЕМАs. The ascending five-wave truncated structure ended with the break of the pivot 2 of wave 5. There is a bearish divergence on the Awesome Oscillator.

Trade idea:

  • Buy on the breach of 1.2678.
  • Stop-loss at …
BYD Trading Analysis (29/11/2024)

The trend is ascending. The downward inner truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

  • Buy at the breach of 254.80
  • Stop-loss at 247.80.
  • Price targets at 265.20 and 294.20. …
USD/CAD Trading Analysis (29/11/2024)

The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trade idea:

  • Buy at the beginning of the formation of the ascending …
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