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19.03. Fresh trading analysis: US–China talks, European markets lower

Friday, March 19th, today’s news—China's stocks fall following disastrous talks with the US in Alaska. American markets edge higher, European stock indices fall on Treasury yield spike and lockdown worries, oil is recovering after yesterday's sell-off, dollar is weaker. The price of Brent oil is $64.07, WTI—$60.89, EUR/USD is at 1.1893, …

Trading Idea for Equinix Inc. (NASDAQ)

#EQIX

The overall trend is upward. The lower border of the ascending price channel and the price pivot zone of 585.20 held back sellers. Stochastic Oscillator signals oversold conditions. Breaking through 681.67 will result in the formation of an ascending pattern of 1-2-3.

Trading idea:

Buy above 681.67.

Stop Loss: …

Gold analysis

Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its rebound for the second consecutive session from its highest since the beginning of March, amid the bounce of the US dollar index for the second session in a row …

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