Hi all,
We notice on the 4 hours chart the divergence between the EUR/USD prices trend and the stochastic indicator. This Confirms the upward movement of the prices.
This shift from the downward trend to the upward trend is also indicated on the daily chart reflected by the stochastic oscillator in the oversold area, so we expect it will rise towards the 1.3080-1.3090 area to cover the Gap.
Good luck all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
We notice on the 4 hours chart the divergence between the EUR/USD prices trend and the stochastic indicator. This Confirms the upward movement of the prices.
This shift from the downward trend to the upward trend is also indicated on the daily chart reflected by the stochastic oscillator in the oversold area, so we expect it will rise towards the 1.3080-1.3090 area to cover the Gap.
Good luck all
Read more Forex, Futures, Commodities, Spot Gold , spot Silver, Spot Oil,Online trading,No Dealing Desk,Currency Converter
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