Friday, April 23rd, today’s news—cryptocurrency market loses $260 billion in a massive sell-off, bitcoin is down below $50,000. European and Asian markets are mixed, retail sales rose in the UK and Japan, ECB maintains a dovish stance, gold is up, dollar continues to fall. The price of Brent oil is $65.66, …
Analysis based on modified Elliott waves, support and resistance levels, and price channels.
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicator an oversold condition. …
Gold price futures fluctuated in a narrow range slanting to an upward trend during the Asian session, to witness its rebound to the tenth session in seventeen sessions from its lowest since the ninth of March, amid the US dollar index resuming its rebound from the top since the fifth …
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