Thursday, March 18th, today’s news—the Fed's chain Jerome Powell calmed the markets, boosting the forecast for economic recovery and pledging to keep the easy monetary policy through 2023. American and Asian stocks turned positive, Dow closed at a record high, European markets are mixed, German car maker stocks rise—DAX is at a record high, …
#COST
The overall trend is upward. The moving averages of Stochastic Oscillator are in the oversold zone. Breaking through the price pivot zone of 332.30 will result in the formation of an ascending pattern of 1-2-3.
Trading idea:
Buy when an ascending pattern 1-2-3 is formed above 332.50.
Stop Loss: …
The single currency, the euro, fluctuated in a narrow range that tends to decline during the Asian session against the US dollar on the cusp of economic developments and data expected today, Thursday, by the economies of the euro area, which includes the testimony of the European Central Bank, Christine …
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