Wednesday, April 28th, today’s news—markets are mixed amid the earnings reports and ahead of the Fed's meeting. Deutsche Bank reported the best profit in seven years, The Fed is expected to confirm its easy monetary policy even as economic recovery is picking up pace, dollar and Treasury yields are up. The price …
The pair is consolidating in anticipation of the Fed’s meeting outcome and especially Jerome Powell’s speech. If he hints at a certain time frame for a downward change in the volume of purchases of government bonds, this will lead to a decrease in the price of the pair. At …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. A descending truncated pattern has formed (l 123.6% Fib. level is not broken). Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
: monitor …
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