Tuesday, April 27th, today’s news—European markets are flat ahead of the Fed's meeting and earnings reports. American markets are also flat after S&P 500 and Nasdaq close at record highs, Asian markets are down, China's industrial profit almost doubled, HSBC's quarterly profit surges 79%, dollar strengthens. The price of Brent oil …
The pair corrects downwards after reaching a local high of 1.2115, but remains in a short-term uptrend. The Fed's confirmation at the end of the meeting of the current ultra-soft monetary rate will return the pair to growth again.
Technical side:
The price is located below the middle Bollinger …
The overall trend is downward. The ascending wave pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions. The round secondary level of 0.8720 held back buyers.
: monitor the price movement in real time. …
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