Cisco shares are back higher after we breached 47.03 resistance and form a double bottom pattern.
Previously, Cisco shares plunged to the bottom of 46.30, ending the sideways movement in which it has been moving over the past two weeks. The stock dropped above support at 50% Fibonacci retracement and …
The Australian dollar fluctuated in a narrow uptrend range during the Asian session to witness the rebound to the tenth session in seventeen sessions from the lowest since March 18, 2009 against the US dollar following the developments and economic data that followed from the Australian economy and on the …
The currency pair is trading in the range of 135 and 365 moving averages directed downwards. Bearish divergence has formed on Awesome Oscillator indicator, and the indicator Stochastic Oscillator showed an exit from the oversold zone. The breakout of the start fractal (0.9895) will result the formation of a descending …
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