The pair, after a slight correction to the level of 1.1995, turns up before the ECD’s final decision on monetary policy. Expect that the European regulator will not make any changes to its monetary rate. Amid the recovery in demand for risky assets and the "chronic" weakness of the …
On the W1 timeframe, the currency pair is trading in the range of the lower border of the ascending price channel. Stochastic Oscillator signals oversold conditions.
On the H1 timeframe, a descending wave pattern has formed, which is currently truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator …
Wednesday, April 21st, today’s news—European markets are up on positive earnings despite the lockdown worries, UK inflation grew in March. Asia-Pacific markets retreat, Japan's Nikkei 225 is down 2%, American markets are flat, dollar struggles to recover from a seven-month low as Treasury yields fall. The price of Brent oil is …
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