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GBPUSD technical analysis 03.16.2020

The pair is under extreme pressure due to the Brexit-related economic problems. Expected rate cuts by the Bank of England will lead to further drop of the pair. The US dollar is in demand as a safe haven in times of crisis.

The price is below the middle Bollinger band, …

Trading ideas for British American Tobacco PLC 16.03.2020

The US Federal Reserve once again rescues the economy from a strong fall, lowering the interest rate for the second time in a month. Now it is only 0.25%.

Against the background of a general fall, the stock tested the support level of 26.300, which held back sellers. After the …

GBPNZD analysis 16.03.2020

The overall trend is upward. The descending pattern ended with the breakout of an inclined channel and is truncated. Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator moving averages have left the oversold zone. A breakout of 2.0596 will result in the formation of an ascending wave pattern …

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