The pair is declining due to profit-taking and the resumption of growth in the yield of US treasuries.
Technical side:
The price is located below the middle Bollinger band, below SMA 5 and SMA 14. The movings have crossed and are giving a sell signal. RSI is below the …
#DAL
The overall trend is upward. The descending wave pattern of the H1 level is truncated. The internal pattern is also truncated. Awesome Oscillator (H1) shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where wave (A) breaks through …
Thursday, April 15th, today’s news—Treasury yields fall ahead of jobless claims and retail sales data. Dow is up 100 points, European markets continue to rise on positive earnings, Asian markets are down, dollar remains at one-month lows. The price of Brent oil is $66.27, WTI—$62.83, EUR/USD is at 1.1992, GBP/USD—1.3804, gold …
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