Thursday, March 25th, today’s news—European and Asian markets are mixed, pandemic and lockdown concerns continue to weigh. Tech stocks in Asian fall, new Germany data points to improved consumer morale and factory activity, American stocks rise. The price of Brent oil is $63.30, WTI—$59.92, EUR/USD is at 1.1805, GBP/USD—1.3688, gold is …
The overall trend is downward. The ascending wave pattern is truncated. A bearish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are directed downwards from the overbought zone.
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Trading idea:
Sell when a descending …
The pair remains under pressure amid the stronger US dollar due to the growth of expectations for an earlier increase in interest rates. which suggests the Fed. If the inflation data presented today shows growth above expectations – this will support the dollar again.
Technical side:
The price is …
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