The overall trend is upward. The 0.6876 support level is holding back sellers. A descending truncated pattern has formed. Awesome Oscillator indicates a bullish divergence, while Stochastic Oscillator signals an oversold condition.
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Trading recommendations:
Buy when an ascending wave …
The pair corrected down after reaching 1.1900. It will continue to grow as the Fed is expected to continue with the soft monetary policy.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is growing …
Gazprom settled below the support level 186.00, as it continues to move within the descending channel that appears on the chart.
The price is now moving below the 20 to 50 averages that form resistance levels and pressurize it to decline.
While we have major resistance at 202.70 and major …
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