Monday, January 11th, today’s news—pessimism returns to the markets as China reports the highest number of new cases in five months. European and American markets are down, oil is lower, Treasury yields and dollar rise. The price of Brent oil is $55.45, WTI—$51.99, EUR/USD is at 1.2186, GBP/USD—1.3510, gold is $1,849.40 per …
Google shares returned to rise after testing the support level 1710.60, which is the level at which the new year opened. And that after trading opened on a rising gap.
Consequently, the stock continues the uptrend movement in an attempt to retest the top . 1840
The moving averages support …
The pair reached a local low of 1.2175 amid the falling demand for risk assets and rising Treasury yields. Expect a local increase in the pair today if the market sentiment turns positive.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. …
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