The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.
Trading idea:
Buy when the level 0.8435 is breached.
Stop-loss: 0.8407. …
News of the day, Friday, 1 April
S&P 500, the global American stock index, fell 1,57% today, finishing its worst quarter since the start of the pandemic, as the investors are generally concerned about military tensions in Europe, soaring commodities prices and red-hot inflation. Together with S&P 500, Nasdaq decreased …
Gold price was able to rebound from the support level and rise to the first resistance level 1935.00 and settle in trading there temporarily, but it generally remains within the sideways movement range at the intermediate level between the support 1926.70 and the resistance 1953.80.
The price stability above the …
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