The pair is consolidating above 1.1700 after yesterday’s drop. The main negative factor is the uncertainty of the US election and the second wave of COVID-19 in Europe, which supports the US dollar as a safe-haven currency.
Technical side:
The price is located on the lower Bollinger band, at …
The general movement is upward. The price pivot zone of 85.20 holds back sellers. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. A breakout of the inclined channel by the formation of an ascending pattern will result in …
Thursday, October 15th, today’s news—a number of existing factors is pushing the global markets down. In Europe, it's the strong second wave of the coronavirus and the Brexit issue, in the US, it's the lack of a new stimulus package, Asia-Pacific shares are influenced by weak economic data, the dollar …
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