The pair partially recovered on Monday after dropping on Friday amid the renewed demand for company shares and expectations of the negative content of Jerome Powell's speech to Congress on Tuesday.
Technical side:
The price is located below the middle Bollinger band, below SMA 5, but above SMA 14. …
The currency pair is trading in the range of the upper limit of the flat zone. The ascending wave pattern of the H4 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
: monitor the price movement in real time. …
Monday, June 21th, today’s news—Benchmark crude prices rise being near multi-year peaks. Investors are optimistic about a rebound in oil demand this summer amid ongoing coronavirus vaccinations, allowing more and more people in Europe and the United States to travel. The price of Brent oil is $73.53 per barrel, WTI—$71.38. …
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