Google's stock was able to rise and reach the resistance level, thus confirming the bullish path and continuing to rise
The moving averages support the upward movement of the stock which is moving below the price, as the 50 average moves near the support level 2075.00 and forms the …
The overall trend is upward. The currency pair is trading in the range of the upper boundary of the Ichimoku cloud. An accumulation has formed, where the support level is 1.0740, the resistance level is 1.0790. Awesome Oscillator shows a bullish divergence. And Stochastic Oscillator signals oversold conditions.
The pair corrects downwards after reaching a local high of 1.2115. This week its growth will continue after a slight downward correction.
Technical side:
The price is located above the middle Bollinger band, at the level of SMA 5 and above SMA 14. RSI is turning down under the …
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