Tuesday, February 2nd, today’s news—global markets are optimistic after a strong start of the week. Progress in the stimulus talks in the US, Dow futures rise by almost 100 points, dollar is at a seven-week high, gold is down. The price of Brent oil is $56.91, WTI—$54.14, EUR/USD is at …
EURUSD
The pair is trading below 1.2100 due to the stronger US dollar, which is supported by an increase in the yield of US government bonds.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the 50% level and …
AUDNZD
The overall trend is upward. The descending pattern of the H4 level is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicator signals oversold condition.
Trading idea:
Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of an H4 descending …
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