The general trend is descendant. The currency pair fluctuates between 365 and 135 moving averages. The ascendant structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the …
News of the day, Tuesday, March 15
Foxconn, the assembler of Apple devices and other hardware, has announced on Monday it is freezing operations in Shenzhen, China. The reason for this decision is the sudden worsening of Covid-19 dynamics, leading the city to shut down. Reacting to that, Apple stock …
Gold prices breached the main support level 1953.00 and reached levels of 1940.00, therefore, the way is prepared in front of the price to complete the bearish movement and reach the target 1926.70, which is considered a major support level.
The price movement settled below the 7-20-50 moving averages, which …
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