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Cisco rose, and was able to confirm the breach of the resistance level at 49.00 and rise above the previous high, thus confirming the bullish path after the decline that formed the first of this month.

The price is trading above the moving averages 20-7-50, which form …

GBPUSD

The pair broke out of the range of 1.3800–1.4000 on the strong dollar as the inflation in the US is expected to soar above the target of 2.0% as early as this year. However, the pair is expected to recover technically due to its oversold condition before it can …

Wednesday, March 24th, today’s news—markets continue to fall amid the doubts over economic recovery and lockdown concerns. European and Asian stocks are trading at two-week lows, investors await PMI release in Europe, oil bounced back, dollar strengthens as a safe haven currency. The price of Brent oil is $62.55, WTI—$59.40, EUR/USD …

EURUSD

The descending pattern of the H8 level is truncated. A multi-light "double bottom" pattern is formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

 EURUSD rate online: monitor the price movement in real time.

Trading idea:

Buy when an ascending wave pattern is formed, …

#SLB

The overall trend is upward. The stock is trading in the range of the lower limit of the ascending price channel and the 365-moving average. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is …

The Australian dollar fluctuated in a narrow range that tends to decline during the Asian session, to witness its lowest since the fifth of February against the US dollar after the economic developments and data that they followed on the Australian economy and on the cusp of economic developments and …

Gazprom started correcting the ascending movement, thus returning to the sideways movement in which it had a move after it reached the resistance 234.75 and managed to slightly breach it.

The price is moving below the 7-20-50 moving averages that form resistance levels and pressurize it to decline. …

Tuesday, March 23rd, today’s news—European markets retreat on the coronavirus concerns as a new wave of the pandemic is underway. Markets of the US and Asia also fall after a rally of American tech stocks, dollar strengthens ahead of speeches by the Fed's chair Jerome Powell and Treasury secretary Janet …

GBPJPY

The overall trend is upward. The descending pattern of the H2 level is truncated. The currency pair is trading in the range of 365 and 135 moving averages. A bullish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator have come out of the oversold …

#XOM

The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The support level is being formed. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending pattern 1-2-3 is formed, where wave 1 …