News for today, December 7:
The U.S. dollar gained support on Tuesday against safe-haven currencies such as the Japanese yen. This was prompted by a jump in U.S. yields and the hope that the consequences of the Omicron variant would be less significant than first expected. Asian stocks also rebounded …
News for today, December 6:
U.S. and European stock futures rallied on Monday, while bonds lost some of their recent gains and oil gained as Saudi Arabia raised its oil prices. On Monday, oil prices rose more than $ 1 a barrel after Saudi Arabia, the largest exporter, raised the …
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The overall trend is upward. The support level of 27.70 holds sellers back. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) …
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