News for today, November 19:
European stock markets are expected to open higher on Friday as positive data from Asia and the U.S. smooth fears of a new winter Covid-19 wave. German and eurozone markets reacted to the shocking October producer price inflation, which rose another 3.8% MoM, bringing the …
News for today, November 18:
Oil prices dropped on Thursday, adding to the sharp decrease the day before, as China said it was going to release its oil reserves. This came after Reuters reported that the United States was asking large oil consumers to consider a coordinated release of their …
#SO
The overall trend is upward. The descending wave patterns are truncated. The support level of 61,50 holds back the sellers. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The inclined channel of the truncated descending internal pattern is breached.
Trading idea: …
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