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Diageo (LSE)

#DGE

The general trend is ascendant. The share fluctuates between 365 and 135 moving averages. The descendant truncated wave structure has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence.

Trade idea:

Buy when price breaches 37.6420.

Stop-loss: 36.3260.

Target levels: 39.0500; 40.4300.

Are businesses over-supported?

News for today, Friday, January 28 

The US dollar increased during European trade today, showing the best result in seven months after Federal Reserve’s announcements. The dollar index gained 0.1% to 97.345 restoring after a long depressive period. 

Japan’s pandemic measures create zombie companies. The last year had the fewest …

GBP/USD analysis 28.01.2022

The pound sterling against the dollar was able to touch our awaited target at 1.3400 and settle around it, and is moving within a descending channel that supports the chances of continuing the decline in the upcoming period, heading towards targeting 1.3310 areas in the near term.

The positivity of …

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