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GBP/JPY currency pair analysis 28.01.2022

The currency pair fluctuates between 365 and 135 downbound moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trade idea: 

Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of the ascendant truncated …

Industria de Diseno Textil (BM)

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The general trend is ascendant. The descendant wave structures are truncated. Awesome Oscillator indicates bullish divergence, and the moving levels of Stochastic Oscillator left the oversold area.

Trade idea:

Buy when the ascendant wave structure forms where a wave (A) breaks through the inclined channel of the ascendant truncated …

The economy is all a blur

News for today, Thursday, January 27

The International Monetary Fund warns about new rate hikes soon. Such an urge to tackle the inflation problem is partially connected with governments striving to restore their economies. Even when a policymaker like Jerome Powell of Fed announces a smooth transition, risky stocks are …

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