News of the day, Wednesday, June 29
Wall Street closed sharply lower yesterday amid recession fears. The S&P and Nasdaq lost about 2% and 3% respectively, with Apple, Microsoft, and Amazon losing the most.
Oil prices fell today after three days of a rally with Brent crude down 0.8%, and …
#DGE
The British alcohol company has announced yesterday that it quits the Russian market. This will lead to serious losses.
The share is traded inside the span of the descendant price channel’s lower border. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the …
The EUR/USD pair returned to the bearish rebound after it failed to stabilize above the resistance level at 1.0550. To approach the 1.0500 support. And it breaches the SMA50 level in an attempt to reach the main support 1.0475, under the negative influence of the stochastic indicator.
Moving below the …
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