Gazprom share continues to rise and reached the resistance level 184.75 after confirming the bullish path, after breaching the resistance 180.70 and closing above it. And also after exiting the descending channel in which it was moving.
The price is moving above all the moving averages, which is a positive …
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator, while Stochastic Oscillator r signals oversold conditions. The price pivot zone of 208.09 holds …
The pair is trading above 1.3310 amid the renewed Brexit negotiations and the growing demand for risk assets, which weakens the US dollar.
Technical side:
The price is located above the middle Bollinger band, above SMA 5 and SMA 14. RSI is under the overbought zone and is growing …
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