The pair is consolidating in the range of 1.2125–1.2270 amid the high volatility in markets caused by numerous conflicting factors, such as the coronavirus pandemic, a new COVID-19 stain in the UK, a new stimulus package in the US, the vaccination in the West, and recovery hopes in the …
#ABC
The overall trend is upward. The bears tested the lower limit of the ascending price channel. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition. The inclined channel of the proposed correction pattern is broken (A).
Trading idea:
Buy on the breakout of 98.26 when …
Sber Bank shares are correcting the bullish path after reaching the resistance level 290.00 previously, where the price fell, breaching several support levels of 271.00, and reaching the next support level 260.00.
The price is moving below the 7-20 moving averages that form resistance levels and pressurize it to …
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