News of the day, Monday, January 10:
While Omicron spread continues to affect global economy, protests in Kazakhstan cause noticeable shifts in markets. For instance, oil prices increased 5% after Kazakhstan logistics interrupted. At the same time, Libyan oil industry decreased production significantly (1.3 million bpd last year to …
The overall trend is descending. The currency pair is traded in the descending price channel. The moving averages of the Stochastic Oscillator are not far from the Overbought area.
EUR/GBP rate online: the price movement in real time.
Trading idea:
Sell from the resistance level 0.8550 and the upper edge …
The overall trend is descending. The currency pair is traded in the descending price channel. The Stochastic Oscillator signals the oversold conditions.
EUR/CAD rate online: the price movement in real time.
Trading idea:
Sell starting from the resistance level 1.4675 and the upper edge of the descending price channel.
Stop …
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