The stock of Amazon (AMAZON) jumped higher in the last sessions, so that the stock succeeded with this rise in regaining its trades along a major rising trend line in the medium term, as shown in the attached chart, despite the neutral signals coming from the RSI indicators, after reaching …
The pair hit 105.00, but may resume the decline amid the uncertainty around the US presidential election and the persisting demand for safe haven assets, including the yen.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages suggest selling. RSI …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages directed upwards. The inclined channel of the descending pattern is broken. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
monitor the price …
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