Wednesday, May 12th, today’s news—the US Department of Energy maintains forecasts for liquid hydrocarbons demand in 2021 and 2022. According to EIA estimates, 96.2 million b/d of oil and liquid hydrocarbons was consumed in April worldwide, which is 15.8 million more than in April 2020. "We project global oil and …
#INTC
The overall trend is upward. The descending wave pattern of the H4 level is truncated. Awesome Oscillator shows a bullish divergence has formed, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of …
The pair is consolidating at 1.2025 as the publication of US consumer inflation data will be released today. If it shows its growth, the pair may decline locally. At the same time, it will receive support by its promotion.
Technical side:
The price is located below the middle Bollinger …
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