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GBP/USD Trading Analysis (05/12/2024)

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

Trade idea:

  • Sell at the beginning of the formation of the descending …
Affiliated Managers Trading Analysis (04/12/2024)

The trend is upward. The stock is trading between 365 and 135 moving averages. There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an oversold condition. The entry point is forming on the B pullback.

Trade idea:

  • Buy at the beginning of the formation of …
EUR/CAD Trading Analysis (04/12/2024)

The trend is down. The pair is trading between 365 and 135 EMAs. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.

Trading idea:

  • Sell when the formation of the descending wave structure begins, when wave …
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