Gazprom shares returned to test the resistance level at 235.50 again, and continues with the sideways movement that it was moving within after it tested the previous resistance and rebounded from it.
The price is moving above the 7-20-50 moving averages that are forming support levels for …
The pair is trading at 1.2000 ahead of ADP employment report. New jobs are expected to have risen in April by 800,000 compared to the March value of 517,000. If the released data conforms to the predictions or even beats them, it will weigh on the pair locally.
Technical …
The overall trend is downward. The ascending wave H2 level pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator indicates an overbought condition.
: monitor the price movement in real time.
Trading idea:
Sell when a descending wave pattern is formed, where the …
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